RESERVES, RESOURCES AND PRE-MINED RESOURCE

• Reserves generally refer to Proven & Probable Reserves

• Resources generally refer to Measured + Indicated + Inferred Resources.  Note: The reported Resource figure is inclusive  of Reserves

• Pre-Mined Resource refers to Current Resource plus Cumulative Historic Production (adjusted, where possible for processing losses)

For a number of deposits, the original source data only referred to the pre-mined resource – and as such it was not possible to give a good breakdown by resources  and historic production.

As MinEx’s data comes from a wide range of sources and different dates, not all of the reported Reserves & Resources are JORC, or NR 43-101 compliant.