home • register • terms and conditions • sitemap   operations Burkina Faso Guinea GOLD PRICE LSE, London (AVM.L) OSE, Oslo (AVM.OL) London and Oslo share prices delayed by 15 minutes. about operations investors responsibility news contact   Mineral resources and reserves Burkina Faso The tables below set out the Mineral Resource and Ore Reserve estimates for Avocet's projects Inata and Souma in Burkina Faso. The Mineral Resource estimation and Ore Reserves have been prepared in accordance with the current (2004 edition) Joint Ore Reserve Committee (JORC) reporting standards. Inata Ore Reserves and Mineral Resources as at 31 December 2011.   Gross Net attributable (90%)   tonnes grade (g/t) contained ounces tonnes grade (g/t) contained ounces Mineral Reserves       Proven 16,091,000 1.72 888,000 14,482,000 1.72 799,000 Probable 17,234,000 1.70 940,000 15,511,000 1.70 846,000 ROM Stockpiles 497,000 1.22 20,000 447,000 1.25 18,000 Reserves total 33,822,000 1.70 1,848,000 30,440,000 1.70 1,663,000 Mineral Resources1       Measured 17,881,000 1.68 964,000 16,093,000 1.68 868,000 Indicated 39,446,000 1.35 1,712,000 35,501,000 1.35 1,541,000 Measured + Indicated  57,327,000 1.45 2,676,000 51,594,000 1.45 2,409,000 Inferred 17,846,000 1.36 8779,000 16,061,000 1.36 701,000 Resources total 75,172,000 1.43 3,455,000 67,655,000 1.463 3,109,000 Mineral Resources are inclusive of Ore Reserves and reported above 0.5g/t gold cut off. The Mineral Resource was estimated by Mr David Williams (MAusIMM) of CSA, a Competent Person as defined by the JORC Code Mineral resources are reported below the 30 June 2011 topographic surface. Rounding errors may occur. Souma Mineral resource estimate as at 31 October 2010   Gross Net attributable (100%)   tonnes grade (g/t) contained ounces tonnes grade (g/t) contained ounces Mineral Reserves       Proven – – – – – – Probable – – – – – – ROM Stockpiles – – – – – – Reserves total – – – – – – Mineral Resources1       Measured – – – – – – Indicated 324,000 1.44 15,000 324,000 1.44 15,000 Measured + Indicated  324,000 1.44 15,000 324,000 1.44 15,000 Inferred 10,376,000 1.64 546,000 10,376,000 1.64 546,000 Resources total 10,700,000 1.63 561,000 10,700,000 1.63 561,000 Mineral Resources are inclusive of Ore Reserves and reported above 0.2g/t gold cut off. The Mineral Resource was estimated by Mr David Williams (MAusIMM) of CSA, a Competent Person as defined by the JORC Code Mineral resources are reported below the topographic surface. Rounding errors may occur. Guinea The tables below set out the Mineral Resource estimates for Avocet's Koulékoun project at Tri-K in Guinea. Mineral Resources as at 20 December 2011.   Gross Net attributable (100%)   tonnes grade (g/t) contained ounces tonnes grade (g/t) contained ounces Mineral Reserves       Proven – – – – – – Probable – – – – – – ROM Stockpiles – – – – – – Reserves total – – – – – – Mineral Resources1       Koulékoun Measured – – – – – – Indicated 21,610,000 1.44 1,001,000 21,610,000 1.44 1,001,000 Measured + Indicated  21,610,000 1.44 1,001,000 21,610,000 1.44 1,001,000 Inferred 22,600,000 1.15 832,200 22,600,000 1.15 832,200 Kodiéran Inferred 7,260,000 1.76 411,100 7,260,000 1.76 411,100 Resources total 51,470,000 1.36 2,244,000 51,470,000 1.36 2,244,000 The resource has been estimated within constraining wireframe solids based on a nominal lower cut off grade of 0.3 g/t Au. The resource is quoted from blocks above 0.5 g/t Au. The Company owns 100% of Wega Mining Guinée, owner of the Koulékoun gold project and Kodiéran prospect. Note: rounding errors may occur. GEOLOGICAL MAPS View more > RESOURCES & RESERVES View more >