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Evander 7 Project
Evander 7
Country
South Africa
Province
Mpumalanga
Close to
Johannesburg
Status
PRODUCTION
Latitude / Longitude
27 S 45 / 28 E 7
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Risk and valuation analysis of the Evander 7 Project
Status Risk : Production
Country Risk : Important
Resource Risk : 26.00%
In situ value
7,821,957,986 $
Title(s) of the Evander 7 Project
Harmony Gold Mining Ltd
Owner: 100%
Title
Company Profile
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Company website
Company project page
Location of the Evander 7 Project
Evander operations are located in the province of Mpumalanga in South Africa and comprise an amalgamation of the former Kinross, Bracken, Leslie and Winkelhaak mines and 36,898 hectares of mineral rights adjacent to these mines
Geology of the Evander 7 Project
The area covered by Evander’s mining authorisation and mineral rights is situated within the Evander Basin, a geologically discrete, easterly extension of the main Witwatersrand Basin. Mining at Evander operations is conducted at depths ranging from 300 metres to 2,100 metres and only one economic placer unit, the Kimberley Reef, is mined.
Reserves and resources of the Evander 7 Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Proven
200,000
4.64
29 836
Proven and Probable
200,000
4.64
29 836
Measured
1,900,000
12.08
737 924
Indicated
100,000
9.28
29 836
Mesured and Indicated
2,000,000
11.94
767 760
Inferred
13,900,000
10.91
4 875 629
Total
16 100 000
5 673 224
Definitions
Reserves and resources of the Evander 7 Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
5 673 224
29 836
29 836
737 924
29 836
767 760
4 875 629
oz
7 801 931 504 US$
Location
Data last updated on : 11/13/2009
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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