A mining company focused on recovering diamonds from the Lerala Diamond Mine, Botswana

Reserves & Resources

 

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 as at 31 December 2015

 Reserves

PIPE CLASSIFICATION TONNES (Mt) CPHT CTS  USD/CT
K2 PROBABLE 3.0 23.8 712 $61
K3 4.8 28.2 1,360 $79 
K4 1.5 26.6 405 $79 
K5 2.4 22.7 533 $79 
K6 - - -
TOTAL RESERVES 11.7 25.8 3,009 $75

 Resources

 PIPE CLASSIFICATION TONNES (Mt)  CPHT  CTS  USD/CT
K2 INDICATED 6.3 20.5 1,285  $61
K3 4.6 30.4 1,397 $79
K4 1.8 31.0 550 $79
K5 2.3 25.7 591  $79
K6 - -
ROM Stockpiles 0.1 22.5 21 $79
SUB TOTAL   15.0 25.6 3,845 $73
           
K2 INFERRED 0.9 13.8 131 $61
K3 1.5 28.6  415 $79
K3 Marginal Breccia 1.2 9.9  123  $79
K4 0.3 32.2  92  $79
K5 0.2 46.1  113  $79
K6 0.4 28.3  125  $79
De Beers Tailings 0.4 5.5  21  $40
Low-Grade Stockpiles 0.1 8.9 $79
SUB TOTAL    5.1 20.2 1,027  $76
           
TOTAL RESOURCES  20.1 24.2 4,872 $74

Statements of Compliance

The information in this statement that is based on 3D modelling, mine planning and optimisation techniques at Lerala Diamond Mine was developed and compiled by Mr Pierre Fourie under the direction of the Competent Persons named below. Mr Fourie is an independent mining engineering consultant employed by Rock Forage Mining Limited and contracted for this component of the work by Kimberley Diamonds Ltd. Mr Fourie is a Member of the Australian Institute of Mining and Metallurgy and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the modelling and optimisation activity which he is undertaking, to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’.  The Competent Persons named below are confident that Mr Fourie has sufficient competence and experience to undertake the modelling and optimisation activity under their direction and Mr Fourie consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

The information in this statement that relates to Diamond Mineral Resources at Lerala Diamond Mine is based on information compiled or reviewed under the direction of Mr Stephen le Roux, a Competent Person who is a Member of the  South African Council for Natural Scientific Professions.  Mr le Roux is a full time employee of Kimberley Diamonds Ltd.  Mr le Roux has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’.   Mr le Roux consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

The information in this statement that relates to Diamond Ore Reserves at Lerala Diamond Mine is based on information compiled or reviewed under the direction of Mr Brett Thompson, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy.  Mr Thompson is a full time employee of Kimberley Diamonds Ltd.  Mr Thompson has sufficient experience that is relevant to the style of mineralisation, type of deposit under consideration and for the activity being undertaken to qualify as a Competent Person as defined by the 2012 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Thompson consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.