CGG citadel resource group limited

Gold resources of 365,000 ounces will be expanded Resources...

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    Gold resources of 365,000 ounces will be expanded
    Resources total
    365,000 ounces of
    which 275,000 are in
    oxides.
    A total of 365,000 ounces have been defined between the three projects of Jabal Sayid (50%),
    Jabal Shayban (100%) and Lahuf (100%) - Figure 4. These resources occur close to surface, have
    a low strip ratio and can be mined via open cut. They exclude all gold that occurs in the Jabal Sayid
    sulphide copper resource and gold that has been drilled at Jabal Shayban and Lahuf in the last 2-
    12 months. In conclusions, resources will be expanded upon completion of the following:
    Jabal Sayid (50%) – drilling of regional targets will continue and the existing resource of 1.4Mt
    @ 1.6g/t (61,600 ounces) expanded.
    Jabal Shayban (100%) – the current resource of 1.8Mt @ 2.8g/t (160,595 ounces) does not
    include drilling underway since March 2008. A RESOURCE UPGRADE IS DUE JUNE 2009.
    Lahuf (100%) – located adjacent to an operating gold mine, drilling is underway to expand the
    [email protected]/t(142,400 ounces) resource - drill results due Jun.Q and resource upgrade Dec.H.

 
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