TEN SIXTY FOUR LIMITED ABN: 60 099 377 849 Level 1, Suite 3 1209 Hay Street, West Perth Western Australia 6005 PO Box 801 West Perth, WA 6 872 Telephone: +61 8 9474 1330 Email: [email protected] Web: www.x64.gold ANNOUNCEMENT 25 May 2023 ANNUAL MINERAL RESOURCES AND ORE RESERVES UPDATE STATEMENT (ASX: X64) Highlights ⎯ The high-grade gold mineralised system at the Co-O Mine has continued to demonstrate growth and the ability to replenish the Ore Reserve. ⎯ Total Measured and Indicated Mineral Resources for the Co-O Mine are now estimated at 1.6 million tonnes at a grade of 9.75 g/t gold for 505,000 ounces. ⎯ Co-O Mine Ore Reserves are now estimated at 1.8 million tonnes at a grade of 5.47 g/t gold for 318,700 ounces. ⎯ After accounting for overall production of ~90,000oz in 2022, the Co-O Mine resource ounces (Measured, Indicated and Inferred) and Ore Reserves ounces decreased by less than 4%. Ten Sixty Four Limited (“X64” or the “Company”), through its Philippines affiliate, Philsaga Mining Corporation (“Philsaga”), is pleased to advise that it has completed its annual review and updated its Mineral Resource and Ore Reserve estimates for data as of 31 December 2022 (Table I). Table I. Total Group Mineral Resources and Ore Reserves estimates at 31 December 2022 Description Tonnes Grade (g/t gold) Contained Gold (ounces) TOTAL MINERAL RESOURCES (1, 2) 3,349,000 8.12 874,400 TOTAL ORE RESERVES (1) 1,812,900 5.47 318,700 Notes: (1) Full details of Mineral Resources and Ore Reserves, including category and deposit type, are contained in Table II. and (2) Mineral Resources are inclusive of Ore Reserves.
ANNUAL MINERAL RESOURCES AND ORE RESERVES UPDATE STATEMENT
Jun 15, 2023
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