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Food for thought
The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in this dismal register.
Hans F. Sennholz
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Free Gold stockpile Project
Free Gold stockpile
Country
South Africa
Province
Witwatersrand
Status
PRODUCTION
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Risk and valuation analysis of the Free Gold stockpile Project
Status Risk : Production
Country Risk : Important
Resource Risk : 46.00%
In situ value
6,078,741,718 $
Title(s) of the Free Gold stockpile Project
Harmony Gold Mining Ltd
Owner: 100%
Title
Company Profile
All Projects
Company website
Company project page
Location of the Free Gold stockpile Project
located to the north and west of Welkom
Geology of the Free Gold stockpile Project
The mines of the Freegold operations – Tshepong, Phakisa, Bambanani, West, Kudu, Sable, Nyala, Eland and St Helena - are located to the north and west of Welkom, while Joel Mine is situated 30km to the south. Joel is mining the shallow flat-dipping
more...
Reserves and resources of the Free Gold stockpile Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Proven
67,600,000
0.38
825 888
Probable
9,900,000
0.60
190 975
Proven and Probable
77,500,000
0.41
1 016 864
Measured
67,600,000
0.38
825 888
Indicated
10,200,000
0.60
196 763
Mesured and Indicated
77,800,000
0.41
1 022 651
Inferred
260,900,000
0.28
2 348 676
Total
416 200 000
4 388 191
Definitions
Reserves and resources of the Free Gold stockpile Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
4 388 191
825 888
190 975
1 016 864
825 888
196 763
1 022 651
2 348 676
oz
6 082 910 500 US$
Data last updated on : 12/31/2006
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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