Last updated: Sep 9, 2011
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The Toroparu is located 200km west of Georgetown, Republic of Guyana.
The AuEq grades in the block model were calculated as follows:
Au Price = US$861/oz (Jan 31/10 36 mo. trailing avg.) Au Recovery = 90%
Cu Price = US$2.95/lb (Jan 31/10 36 mo. trailing avg.) Cu Recovery = 75%
Therefore the AuEq = [[($2.95 x 22.046 x 75%)/($861/31.1035 x 90%)] x Cu%] + Au g/t
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