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The project currently has mineral resources of:

Indicated: 17.7 million tonnes at 1.2 g/t, containing 0.7 million ounces (“Moz”) of gold.
Inferred: 39.8 million tonnes at 1.0 g/t, containing 1.3 Moz of gold.

The resource has grown by a factor of 7 in the past three years and upside potential remains. Exploration is ongoing and new mineralised areas identified in 2018 are yet to be drill tested.

Drilling significant intervals can be viewed here.

As at September 17, 2018

 Region Classification

Tonnage
(Mt)

Grade
(g/t Au)

Metal Content
(Moz Au)

Esperança South Indicated 11.8 1.4 0.5
Inferred 21.7 1.2 0.8
Esperança East Indicated - - -
Inferred 11.8 0.9 0.4
Esperança Center Indicated 5.9 0.9 0.2
Inferred 6.3 0.7 0.1
Project Total Indicated 17.7 1.2 0.7
Inferred 39.8 1.0 1.3


Details are reported in press release dated Sept 17, 2018 titled 35% Increase In Resources At Castelo De Sonhos As Preliminary Economic Assessment Begins’