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Tropicana Project
Tropicana
Country
Australia
Province
Western australia
Close to
Kambalda
Status
FEASIBILITY
Surface
13,000 km² / 3,212,300 acres
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Risk and valuation analysis of the Tropicana Project
Status Risk : Feasibility
Country Risk : Very Low
Resource Risk : 63.00%
In situ value
11,362,450,805 $
Title(s) of the Tropicana Project
AngloGold Ashanti Ltd
Owner: 70%
Title
Company Profile
All Projects
Company website
Company project page
The Tropicana Gold Project is part of the Tropicana Joint Venture, which is 70% owned by AngloGold Ashanti Australia (the manager) and 30% by Independence Group NL
Independence Group NL
Option: 30%
Title
Company Profile
All Projects
Company website
Company project page
The Tropicana Gold Project is part of the Tropicana Joint Venture, which is 70% owned by AngloGold Ashanti Australia (the manager) and 30% by Independence Group NL
Location of the Tropicana Project
The Tropicana Gold Project is located 330 kilometres east-north-east of Kalgoorlie
History of the Tropicana Project
The project was initially targeted and pegged by IGO in 2001. AngloGold Ashanti was brought in to fund and manage exploration due to the resources required to effectively explore this very large and remote tenement package.
Reserves and resources of the Tropicana Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Proven
22,000,000
2.40
1 697 559
Probable
23,000,000
2.10
1 552 881
Proven and Probable
45,000,000
2.25
3 250 440
Measured
24,200,000
2.30
1 789 511
Indicated
39,800,000
2.00
2 559 199
Mesured and Indicated
64,000,000
2.11
4 348 710
Inferred
11,300,000
1.80
653 946
Total
120 300 000
8 253 097
Definitions
Reserves and resources of the Tropicana Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
8 253 097
1 697 559
1 552 881
3 250 440
1 789 511
2 559 199
4 348 710
653 946
oz
11 220 910 197 US$
Production Objectives
Metal
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
GOLD (oz)
350,000
350,000
350,000
350,000
350,000
350,000
350,000
350,000
350,000
350,000
Reserves and Resources
7/26/2011
(Anglogold)
TROPICANA GOLD PROJECT ORE RESERVE INCREASE
Exploration and drilling
11/11/2010
(Anglogold)
Tropicana Gold Project Development Approved
7/18/2006
(Independence Group)
Tropicana JV Project update
Discoveries and Drilling Results
11/29/2011
(Independence Group)
Tropicana JV Mineral Resource Increase
10/4/2010
(Independence Group)
Tropicana - New Gold Drilling Results
3/17/2010
(Independence Group)
Tropicana JV - Boston Shaker Gold Discovery
1/23/2009
(Independence Group)
Tropicana - Resource Increased to 5 Million Ounces
1/23/2009
(Anglogold)
Mineral resource increases at Tropicana
10/15/2008
(Independence Group)
Tropicana - High Grade Rock Chips
12/7/2007
(Independence Group)
Initial Tropicana Resource
12/3/2007
(Independence Group)
Tropicana JV - Initial JORC Resource Estimate
11/6/2006
(Independence Group)
Tropicana JV - New Significant Gold Intersections
Data last updated on : 10/4/2010
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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