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Reserves as of 31 Dec. 08
posted on
Feb 26, 2009 05:58AM
Proven and Probable Reserves at the Beaufor Mine were estimated for 69,792.
Measured and Indicated Resources; estimated at 148,000 ounces
Inferred Resources estimated at 154,927 ounces at the end of 2008.
Total 372,000 ounces.
At a production of 35,000 per year, the life of the mine could be a minimum of 10 years.
