Cube Consulting have estimated the following local recoverable mineral resources at a nominal 1 g/t Au lower cutoff (as at end February 2008):

Deposit

Indicated Mineral Resources

Inferred Mineral Resources

Tonnes

 (Mt)

Grade

( g/t)

Gold

( ‘000 oz)

Tonnes

 (Mt)

Grade

(g/t)

Gold

(‘000 oz)

Pakaka

17.20

2.7

1,468

 

 

 

Gorumbwa

 

 

 

8.29

5.2

1,374

Kibali

 

 

 

17.08

2.2

1,206

Mengu Hill

6.57

3.4

720

0.16

2.4

13

Mengu Village

1.36

1.8

77

 

 

 

Karagba

8.84

3.0

856

27.88

3.8

3,415

Chauffeur

31.88

3.4

3,524

11.85

6.5

2,478

Durba

2.56 

4.3

358

8.40

2.9

781

Sessenge Deeps

10.62

6.2

2,120

10.51

3.7

1,242

Megi

 

 

 

4.14

2.1

277

Marakeke

 

 

 

2.41

1.7

134

Kombokolo

1.91

2.6

162

0.05

2.7

4

Sessenge

8.72

2.4

666

0.88

2.2

63

Ndala

 

 

 

0.26

4.0

34

Pamao

5.62

1.9

347

4.58

1.8

268

TOTAL

95.28

3.4

10,298

96.50

3.6

11,289

MGL has a 70% attributable interest.

 

Probable Mineral Reserves

Deposit
Tonnes
(Mt)
 Grade (g/t)
Gold

(‘000 oz Au)

KCD
19.0
3.61
         2,201
Kombokolo
0.7
3.58
               81
Mengu Hill
4.4
3.72
            525
Pakaka
7.1
2.77
            631
Pamao
2.2
2.09
            149
Sessenge
4.3
2.51
            349
Mengu Village
0.1
2.12
                 8
Total
37.8
3.24
         3,939

The following probable mineral reserves were estimated as part of the December 2007 feasibility study.

MGL has a 70% attributable interest.