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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Table 17.46 Lerchs-Grossman Results by Gold Price

Total Ore Total Strip

Tonnes gAu/t Grams Au Ounces Au Total Tons Ratio

$150 AU 8,231 1.99 16,420 528 5,538 13,769 0.67

$175 AU 20,721 2.00 41,427 1,332 19,719 40,440 0.95

$200 AU 32,395 1.92 62,060 1,995 31,497 63,892 0.97

$225 AU 58,200 1.82 105,974 3,407 73,987 132,187 1.27

$250 AU 87,848 1.75 153,644 4,940 127,843 215,691 1.46

$275 AU 114,512 1.67 191,386 6,153 171,349 285,861 1.50

$300 AU 145,552 1.61 234,338 7,534 238,396 383,948 1.64

$325 AU 175,807 1.55 272,861 8,773 303,166 478,973 1.72

$350 AU 211,507 1.50 318,276 10,233 400,250 611,757 1.89

$375 AU 241,308 1.45 350,344 11,264 454,521 695,829 1.88

$400 AU 274,672 1.41 386,458 12,425 530,656 805,328 1.93

$425 AU 303,179 1.36 411,539 13,231 560,721 863,900 1.85

$450 AU 337,483 1.30 440,324 14,157 595,230 932,713 1.76

$475 AU 377,081 1.25 470,307 15,121 619,295 996,376 1.64

$500 AU 414,202 1.20 496,952 15,977 643,481 1,057,683 1.55

$525 AU 448,022 1.16 520,125 16,722 657,779 1,105,801 1.47

$550 AU 488,717 1.12 546,302 17,564 677,206 1,165,923 1.39

$575 AU 516,678 1.09 563,628 18,121 689,882 1,206,560 1.34

$600 AU 552,301 1.06 585,539 18,825 719,693 1,271,994 1.30

$625 AU 583,684 1.03 603,870 19,415 741,540 1,325,224 1.27

$650 AU 613,716 1.01 619,395 19,914 740,788 1,354,504 1.21

$675 AU 643,107 0.99 633,918 20,381 739,052 1,382,159 1.15

$700 AU 675,300 0.96 650,031 20,899 750,457 1,425,757 1.11

$725 AU 706,334 0.95 668,410 21,490 819,905 1,526,239 1.16

$750 AU 734,797 0.93 681,294 21,904 818,640 1,553,437 1.11

$775 AU 753,877 0.91 689,355 22,163 820,572 1,574,449 1.09

$800 AU 773,744 0.90 698,404 22,454 835,127 1,608,871 1.08

Note: All tonnes, grams, and ounces are in Thousands

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