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Central Rand project
Central Rand project
Country
South Africa
Status
PRODUCTION
Latitude / Longitude
26 S 10 / 27 E 57
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Risk and valuation analysis of the Central Rand project
Status Risk : Production
Country Risk : Important
Resource Risk : 33.00%
In situ value
46,247,326,280 $
Title(s) of the Central Rand project
Central Rand Gold Limited
Owner: 100%
Title
Company Profile
All Projects
Company website
Company project page
Central Rand Gold South Africa is 26% owned by Puno Gold Investments (Proprietary) Limited ("Puno"), a consortium of seven BEE groups, all of which add value not only to the consortium but to the Group as well. The Group's BEE arrangements were formalised on 14 June 2007, at which date Puno acquired 26% of Central Rand Gold South Africa's shares from Central Rand Gold Netherlands Antilles.
Location of the Central Rand project
The Central Rand Project area comprises a 7km wide sequence of quartz pebble reefs, where heavy minerals, including gold, pyrite and potentially uranium have been concentrated to a greater or lesser extent. Though this area has been extensively worke
more...
History of the Central Rand project
Previous mining operations lacked the technology to exploit fully the mineral-bearing reefs in the vicinity of the city. Lower grade ore was left behind and other areas, undetected by the kind of modern prospecting techniques available today, were si
more...
Reserves and resources of the Central Rand project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Indicated
75,000,000
8.90
21 460 623
Mesured and Indicated
75,000,000
8.90
21 460 623
Inferred
52,100,000
7.40
12 395 399
Total
127 100 000
33 856 022
Definitions
Reserves and resources of the Central Rand project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
33 856 022
21 460 623
21 460 623
12 395 399
oz
45 746 257 152 US$
Production Objectives
Metal
2013
2014
2015
2016
2017
2018
GOLD (oz)
100,000
100,000
100,000
100,000
100,000
100,000
Discoveries and Drilling Results
4/10/2010
Report on the mineral assets of Central Rand Gold
Location
Data last updated on : 7/1/2007
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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