EAST RAND PROPERTIES

Au
1,299.46
USD/oz
0.00
green
Data as of Jul 30, 2014 01:46AM UTC


Key Facts
Status: Development
Type of Work: Open-Pit/Underground
Location: Gauteng, South Africa
                 49 km East of Nasrec

Commodities: Gold
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Latest Information
August 14, 2007
COMPETENT PERSON'S REPORT ON COMPANY ASSETS
October 31, 2002
The mining operations of the Petrex Group comprised 8 shafts and 3 open pit operations. Total production from all areas for the year ended Jun30/02, was 137,180 oz of gold from 1,501,000 tonnes of ore. Of this total, 39,030 oz of gold were produced from the open pit and cleaning operations, or 28.5 % of total production, from 488,000 tonnes of ore. Total cash costs including development capital and water pumping costs averaged approximately USD218 per ounce.
October 31, 2002
The mining operations of the Petrex Group comprised 8 shafts and 3 open pit operations. Total production from all areas for the year ended Jun30/02, was 137,180 oz of gold from 1,501,000 tonnes of ore. Of this total, 39,030 oz of gold were produced from the open pit and cleaning operations, or 28.5 % of total production, from 488,000 tonnes of ore. Total cash costs including development capital and water pumping costs averaged approximately USD218 per ounce.

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