Resources & Reserves

Mineral Reserve and Resource

2015 Diamond Resource Statement
SAMREC compliant Diamond Resource Statement for Liqhobong Main Pipe as at 30 September 2015 (including Reserves):
DIAMOND RESOURCE General Information
Diamond Resource Category Depth from and to Source Volume
in m3
(Millions)
Specific Gravity
(Tonnes/m3)
Metric
Tonnes
(Millions)
Grade
(Cpht)
Carats
(Millions)
Resource Bottom cut-off (mm) Value (US$/ct)
Indicated Surface (2650 masl) to 2467 masl Main Pipe 13.547 2.61 35.364 27 9.533 132.0
Inferred 2467 masl to 2127 masl Main Pipe 18.135 2.65 48.064 28 13.553 1.25 132.0
TOTAL Diamond Resource 31.681 2.63 83.428 28 23.086
The above Diamond Resource is stated at a 1.25mm bottom cut-off.
The weighted average diamond price per carat is estimated at US$132/ct
Tonnes are metric tonnes and totals are rounded.
2015 Diamond Reserve Statement
SAMREC compliant Diamond Reserve Statement for the Liqhobong Main Pipe as at 30 September 2015:
DIAMOND RESERVE General Information
Diamond Reserve Category Depth from
and to
Source Metric
Tonnes
(Millions)
Grade
(Cpht)
Carats
(Millions)
Reserve
Bottom
cut-off
(mm)
Value
(US$/ct)
Probable Surface (2650 masl) to 2467 masl Main Pipe 36.046 26.4 9.523 1.25 131.0
TOTAL Diamond Reserve 36.046 26 9.523
The above Diamond Reserve is stated at a 1.25mm bottom cut-off.
The weighted average diamond price per carat is estimated at US$131/ct.
Reserve tonnes and grade include dilution as a result of external waste.
Tonnes are metric tonnes and totals are rounded.


Further detailed information on the Diamond Resource and Diamond Reserve, which have been prepared in accordance with SAMREC guidelines (2009), can be found within the Company’s internal Technical Report. The internal Technical Report does not constitute a Competent Person’s Report as defined in the AIM rules.

Title
Documents

Resources and Reserves Technical Report

Firestone Diamonds Resource and Reserves technical report