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Table 1: Edikan Measured and Indicated Mineral Resources - December 2016 ^6,7

Deposit		Measured Resources			Indicated Resources			Measured + Indicated Resources
	Deposit Type	Quantity Mt	Grade g/t gold	Gold Kozs	Quantity Mt	Grade g/t gold	Gold Kozs	Quantity Mt	Grade g/t gold	Gold Kozs
AF Gap1,2	Open Pit	11.0	0.97	342	35.7	0.84	963	46.6	0.87	1,305
Fobinso1,2	Open Pit	2.7	1.08	93	11.8	0.94	357	14.5	0.97	450
Esuajah North1,2	Open Pit	11.4	0.96	352	19.5	0.89	557	30.9	0.92	909
Fetish1,2,5	Open Pit	9.6	1.00	309	23.9	0.90	692	33.5	0.93	1,001
Chirawewa North1,2	Open Pit	1.4	0.85	38	5.7	0.82	150	7.1	0.83	188
Chirawewa South1,2	Open Pit	0.2	1.16	6	0.6	1.02	19	0.8	1.05	25
Bokitsi South1,2	Open Pit	0.9	2.57	71	1.1	1.90	66	1.9	2.20	137
Sub-Total	Open Pit	37.2	1.01	1,211	98.2	0.89	2,804	135.3	0.92	4,015
Esuajah South3	U/ground	8.5	1.9	533	6.3	1.7	353	14.8	1.8	879
Heap Leach4	Stockpile				4.3	0.6	89	4.3	0.6	89
ROM Stockpiles	Stockpile	1.4	0.61	28	-	-	-	1.4	0.61	28
TOTAL		47.1	1.17	1,772	108.8	0.93	3,246	155.8	1.00	5,011

Notes:

1.    Allows for mining depletion to 31 December 2016.

2.    0.4g/t gold cut-off applied.

3.    0.7g/t gold cut-off applied.

4.    At zero cut-off grade.

5.    Includes Bokitsi North lode

6.    Mineral Resources are inclusive of any Ore Reserves.

7.    Numbers are rounded and may not add up correctly in the table.

8.   Note that the Dadieso and Mampong deposits have been removed from the Mineral Resource on economic grounds.
 
 

Table 2: Edikan's Inferred Mineral Resources - December 2016

Deposit	Inferred Resources
	Deposit Type	Quantity	Grade	Gold
		Mt	g/t gold	'000 oz
AF Gap1,2	Open Pit	9.4	0.8	250
Fobinso1,2	Open Pit	3.5	0.9	95
Esuajah North1,2	Open Pit	2.9	0.9	88
Fetish1,2,4	Open Pit	6.3	1.0	191
Chirawewa North1,2	Open Pit	1.5	0.8	39
Chirawewa South1,2	Open Pit	0.04	1.1	1
Bokitsi South1,2	Open Pit	1.3	1.1	43
Esuajah South3	Underground	4.7	1.3	192
TOTAL		30.0	0.9	899

Notes:

1. Allows for mining depletion to 31 December 2016.
   
2. 0.4g/t gold cut-off applied.
3. 0.7g/t gold cut-off applied.
4. Includes Bokitsi North lode.
5. Numbers are rounded and may not add up correctly in the table. 

 

Table 3: Edikan's Proved and Probable Ore Reserves as at 31 December 2016

Deposit	Deposit Type	Proved Reserves			Probable Reserve			Proved + Probable Reserves
		Quantity Mt	Grade g/t gold	Gold Koz	Quantity Mt	Grade g/t gold	Gold Koz	Quantity Mt	Grade g/t gold	Gold Koz
AF Gap	Open Pit	5.5	1.09	191	6.0	1.07	208	11.5	1.08	399
Fobinso	Open Pit	1.1	1.19	44	3.3	1.11	119	4.5	1.19	163
Esuajah North	Open Pit	6.5	1.10	229	7.8	1.04	262	14.3	1.07	491
Fetish	Open Pit	4.6	1.21	179	7.9	1.11	281	12.5	1.15	459
Chirawewa North	Open Pit	0.5	1.05	17	2.0	0.99	63	2.5	1.01	80
Bokitsi	Open Pit	0.5	2.94	44	0.1	2.75	10	0.6	2.91	55
Sub-Total	Open Pit	18.7	1.17	704	27.1	1.08	943	45.8	1.12	1,647
Esuajah South	U/ground				4.9	2.0	314	4.9	2.0	314
Heap Leach	Stockpile				4.3	0.6	89	4.3	0.6	89
ROM Stockpiles	Stockpile	1.4	0.61	28	-	-	-	1.4	0.61	28
TOTAL		40.8	1.2	1,556	15.0	1.3	620	55.8	1.2	2,177

Notes:

1. Numbers are rounded and may not add up correctly in the table
2. All the estimates are on a dry tonne basis
3. Based on December 2016 Mineral Resource estimation
4. Variable gold cut-off grade based on material type and mining method
5. Inferred Mineral Resource is treated as mineralised waste
6. Allows for mining depletion up to and including 31 December 2016
7. ROM denotes Run of Mine
8. Heap Leach refers to decommissioned heap leach pads established by prior owners of Edikan 

 

 Table 4: Sissingué Measured and Indicated Mineral Resources - March 2017

Deposit	Deposit Type	Measured Resources			Indicated Resources			Measured + Indicated Resources
		Quantity Mt	Grade g/t gold	Gold koz	Quantity Mt	Grade g/t gold	Gold koz	Quantity Mt	Grade g/t gold	Gold koz
Sissingué1	Oxide	0.78	1.9	48	2.40	1.3	100	3.20	1.5	150
	Transitional	0.59	1.9	36	0.67	1.4	29	1.30	1.6	66
	Fresh	2.90	2.1	200	5.90	1.5	280	88.0	1.7	480
Sub-total		4.30	2.1	290	8.90	1.4	410	13.00	1.6	700
Bélé East2	Laterite	-	-	-	0.03	1.9	2	0.03	1.9	2
	Completely weathered	-	-	-	0.08	2.1	5	0.08	2.1	5
	Partially weathered	-	-	-	0.05	1.9	3	0.05	1.9	3
	Weakly weathered	-	-	-	0.12	2.0	8	0.12	2.0	8
	Fresh	-	-	-	0.36	2.6	30	0.36	2.6	30
Sub-total		-	-	-	0.65	2.3	49	0.65	2.3	49
Bélé West2	Laterite	-	-	-	0.04	1.7	2	0.04	1.7	2
	Completely weathered	-	-	-	0.08	1.7	4	0.08	1.7	4
	Partially weathered	-	-	-	0.09	1.6	5	0.09	1.6	5
	Weakly weathered	-	-	-	0.19	1.6	10	0.19	1.6	10
	Fresh	-	-	-	0.87	2.0	57	0.87	2.0	57
Sub-total		-	-	-	1.300	1.8	78	1.30	1.8	78
Grand Total		4.30	2.1	290	11.00	1.5	540	15.00	1.7	820

 

 Table 5: Sissingué Inferred Mineral Resources - March 2017

Deposit	Deposit Type		Inferred Resources
		Quantity Mt	Grade g/t gold	Gold koz
Sissingué	Oxide	0.23	1.2	9
	Transitional	0.06	1.0	2
	Fresh	0.66	2.3	48
Sub-total		0.94	1.9	58
Bélé East	Laterite	0.02	1.5	1
	Completely Weathered	0.01	1.9	1
	Partially Weathered	-	-	-
	Weakly Weathered	0.02	1.5	1
	Fresh	0.24	1.8	14
Sub-total		0.28	1.8	16
Bélé West	Laterite	0.02	2.0	1
	Completely Weathered	0.02	1.7	1
	Partially Weathered	0.01	1.3	1
	Weakly Weathered	0.02	1.6	1
	Fresh	0.08	2.0	5
Sub-total		0.14	1.8	8
Grand total		1.400	1.9	80

 

Notes on Tables 4 & 5:
1. 0.6g/t gold cut-off applied at Sissingué
2. 0.8g/t gold cut-off grade applied at Bélé
3. Mineral Resources are inclusive of any Ore Reserves
4. Numbers are rounded and may not add up correctly
 

 

Table 6: Sissingué Proved and Probable Ore Reserves - 31 March 2017

Deposit	Deposit Type	Proved			Probable			Proved + Probable
		Quantity (Mt)	Grade g/t gold	Gold koz	Quantity (Mt)	Grade g/t gold	Gold koz	Quantity (Mt)	Grade g/t gold	Gold koz
Sissingué3,5	Open Pit	3.1	2.4	240	1.8	1.5	86	4.8	2.1	330
Bélé East4,5	Open Pit	-	-	-	0.5	2.5	39	0.5	2.5	39
Bélé West3,4	Open Pit	-	-	-	05	2.1	35	0.5	2.1	35
Total		3.1	2.4	240	2.8	1.8	160	5.9	2.1	400

 Note:

1. Numbers are rounded and may not add up correctly in the table

2. All the estimates are on a dry tonne basis

3. Based on December 2016 Mineral Resource Estimate

4. Based on February  2017 Mineral Resource estimation

5. Variable gold cut-off grade based on material type and mining method

6. Inferred Mineral Resource is treated as mineralised waste