Reserves/Resource Statement

Ore Reserves and Mineral Resources

The Ore Reserves and Mineral Resources estimates for Tropicana are updated on an annual basis. AngloGold Ashanti and Regis Resources Limited provide full details of these estimates, including the applicable JORC statements, on their websites: www.anglogoldashanti.com and www.regisresources.com.au.

 

December 31, 2023 Mineral Resources (100% Project Basis)

Area

Classification

Tonnes

(Millions)

Gold (g/t)

Contained Au

(Millions oz)

Open Pit

Measured

3.1

1.14

0.11

 

Indicated

23.9

1.57

1.21

 

Inferred

0.0

0.58

0.00

 

Total

27.0

1.52

1.32

Stockpiles

Measured

23.5

0.59

0.45

 

Indicated

0.0

0.00

0.00

 

Inferred

0.0

0.00

0.00

 

Total

23.5

0.59

0.45

Underground

Measured

11.2

2.76

0.99

 

Indicated

12.3

2.86

1.13

 

Inferred

26.5

2.37

2.02

 

Total

50.0

2.58

4.15

Total

Measured

37.8

1.28

1.55

Indicated

36.3

2.01

2.34

Inferred

26.5

2.37

2.02

Total

100.6

1.83

5.92

 

December 31, 2023 Ore Reserves (100% Project Basis)

Area

Category

Tonnes

(Millions)

Gold (g/t)

Contained Au

(Millions oz)

Open Pit

Proved

1.5

1.53

0.08

 

Probable

22.0

1.64

1.16

 

Total

23.5

1.63

1.23

Surface Stockpiles

Proved

16.4

0.67

0.35

 

Probable

0.0

0.00

0.00

Underground

Proved

3.2

3.17

0.32

 

Probable

3.2

3.27

0.34

 

Total

6.4

3.22

0.66

Total

Proved

21.2

1.11

0.75

 

Probable

25.2

1.84

1.49

 

Total

46.3

1.51

2.25

The information in this report that relates to Mineral Resources estimates was based on information compiled by Mr James Woodward, a full-time employee of AngloGold Ashanti Australia Limited, who is a member of the Australasian Institute of Mining and Metallurgy. Mr Woodward has sufficient experience relevant to the type and style of mineral deposits under consideration, and to the activity which has been undertaken, to qualify as a Competent Person as defined in the 2012 edition of the JORC Code. Mr Woodward consented to the release of the Mineral Resource estimated, based on the information in the form and context in which it appears in this report.