|
|
Reserves & Resources
Yamana’s Mineral Reserve and Mineral Resource Estimates as at December 31, 2009
Mineral Reserves (Proven and Probable)
|
|
|
|
|
Gold |
Proven Reserves |
Probable Reserves |
Total Proven & Probable |
|
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
|
(000's) |
(g/t) |
oz. (000's) |
(000's) |
(g/t) |
oz. (000's) |
(000's) |
(g/t) |
oz. (000's) |
|
Alhue/Minera Florida |
1,504 |
4.27 |
207 |
2,148 |
5.97 |
412 |
3,652 |
5.27 |
619 |
|
Alumbrera (12.5%) |
38,750 |
0.40 |
498 |
1,250 |
0.29 |
12 |
40,000 |
0.40 |
510 |
|
Chapada |
166,312 |
0.22 |
1,166 |
153,102 |
0.20 |
992 |
319,414 |
0.21 |
2,158 |
|
C1-Santa Luz |
13,452 |
1.63 |
706 |
10,336 |
1.44 |
479 |
23,788 |
1.55 |
1,184 |
|
El Peñón |
1,142 |
5.60 |
206 |
7,374 |
7.27 |
1,724 |
8,516 |
7.05 |
1,930 |
|
Ernesto/Pau a Pique |
2,279 |
3.86 |
283 |
4,827 |
2.75 |
427 |
7,106 |
3.11 |
710 |
|
Fazenda Brasileiro |
1,864 |
2.64 |
158 |
291 |
2.87 |
27 |
2,155 |
2.67 |
185 |
|
Gualcamayo |
16,792 |
0.86 |
464 |
51,155 |
1.14 |
1,868 |
67,947 |
1.07 |
2,332 |
|
Jacobina |
12,695 |
1.99 |
811 |
9,733 |
2.33 |
731 |
22,428 |
2.14 |
1,542 |
|
Mercedes |
- |
- |
- |
3,445 |
5.63 |
624 |
3,445 |
5.63 |
624 |
|
Sub Total Gold Mineral Reserves |
254,790 |
0.55 |
4,498 |
243,661 |
0.93 |
7,296 |
498,451 |
0.74 |
11,794 |
|
Agua Rica |
347,831 |
0.25 |
2,818 |
449,892 |
0.21 |
2,965 |
797,723 |
0.23 |
5,783 |
|
Total Gold Mineral Reserves |
602,621 |
0.38 |
7,316 |
693,553 |
0.46 |
10,261 |
1,296,174 |
0.42 |
17,577 |
|
|
|
|
|
|
|
|
|
|
| Silver |
|
|
|
|
|
|
|
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
|
(000's) |
(g/t) |
oz. (000's) |
(000's) |
(g/t) |
oz. (000's) |
(000's) |
(g/t) |
oz. (000's) |
|
Alhue/Minera Florida |
1,504 |
22.69 |
1,097 |
2,148 |
50.22 |
3,467 |
3,652 |
38.88 |
4,564 |
|
El Peñón |
1,142 |
273.79 |
10,053 |
7,374 |
200.50 |
47,530 |
8,516 |
210.33 |
57,583 |
|
Mercedes |
- |
- |
- |
3,445 |
62.36 |
6,908 |
3,445 |
62.36 |
6,908 |
|
Sub Total Silver Mineral Reserves |
2,646 |
131.07 |
11,150 |
12,967 |
138.90 |
57,905 |
15,613 |
137.57 |
69,055 |
|
Agua Rica |
347,831 |
3.83 |
42,775 |
449,892 |
3.46 |
49,989 |
797,723 |
3.62 |
92,767 |
|
Total Silver Mineral Reserves |
350,477 |
4.79 |
53,925 |
462,859 |
7.25 |
107,894 |
813,336 |
6.19 |
161,822 |
|
|
|
|
|
|
|
|
|
|
|
Copper |
|
|
|
|
|
|
|
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
|
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
|
Alumbrera (12.5%) |
38,750 |
0.39 |
333 |
1,250 |
0.32% |
9 |
40,000 |
0.39 |
341 |
|
Chapada |
166,312 |
0.33 |
1,192 |
153,102 |
0.30% |
1,014 |
319,414 |
0.31 |
2,206 |
|
Sub Total Copper Mineral Reserves |
205,062 |
0.33 |
1,525 |
154,352 |
0.30% |
1,023 |
359,414 |
0.32 |
2,547 |
|
Agua Rica |
347,831 |
0.57 |
4,386 |
449,892 |
0.43% |
4,285 |
797,723 |
0.49 |
8,670 |
|
Total Copper Mineral Reserves |
552,893 |
0.48 |
5,911 |
604,244 |
0.40% |
5,308 |
1,157,137 |
0.44 |
11,217 |
|
|
|
|
|
|
|
|
|
|
| Zinc |
|
|
|
|
|
|
|
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
|
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
|
Alhue/Minera Florida |
1,504 |
1.39 |
46 |
2,148 |
1.62% |
77 |
3,652 |
1.52 |
123 |
|
Total Zinc Mineral Reserves |
1,504 |
1.39 |
46 |
2,148 |
1.62% |
77 |
3,652 |
1.52 |
123 |
|
|
|
|
|
|
|
|
|
|
|
Molybdenum |
|
|
|
|
|
|
|
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
|
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
|
Alumbrera (12.5%) |
38,750 |
0.013 |
11 |
1,250 |
0.015 |
0.4 |
40,000 |
0.013 |
11 |
|
Sub Total Moly Mineral Reserves |
38,750 |
0.013 |
11 |
1,250 |
0.015 |
0 |
40,000 |
0.013 |
11 |
|
Agua Rica |
347,831 |
0.035 |
268 |
449,892 |
0.033 |
327 |
797,723 |
0.034 |
596 |
|
Total Moly Mineral Reserves |
386,581 |
0.033 |
279 |
451,142 |
0.033 |
328 |
837,723 |
0.033 |
607 | |
Mineral Resources (Measured, Indicated and Inferred)
|
Gold |
Measured Resources |
Indicated Resources |
Total Measured & Indicated |
Inferred Resources |
|
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
|
(000's) |
(g/t) |
oz. (000's) |
(000's) |
(g/t) |
oz. (000's) |
(000's) |
(g/t) |
oz. (000's) |
(000's) |
(g/t) |
oz. (000's) |
|
Alhue/Minera Florida |
882 |
5.48 |
155 |
1,247 |
5.28 |
212 |
2,129 |
5.37 |
367 |
2,746 |
6.12 |
541
|
|
Amancaya |
- |
- |
- |
- |
- |
- |
- |
- |
- |
1,390 |
7.90 |
351 |
|
C1-Santa Luz |
10,498 |
1.65 |
557 |
11,534 |
1.50 |
555 |
22,032 |
1.57 |
1,112 |
4,830 |
1.40 |
217 |
|
Chapada |
45,710 |
0.14 |
206 |
139,672 |
0.12 |
539 |
185,382 |
0.13 |
745 |
186,801 |
0.11 |
661 |
|
El Peñón |
613 |
12.23 |
241 |
3,046 |
7.73 |
757 |
3,659 |
8.48 |
998 |
3,846 |
8.42 |
1,040 |
|
Ernesto/Pau a Pique |
204 |
6.28 |
41 |
1.793 |
1.44 |
83 |
1,997 |
1.93 |
124 |
4,459 |
1.79 |
257 |
|
Esquel |
- |
- |
- |
4,700 |
15.00 |
2,286 |
4,700 |
15.00 |
2,286 |
900 |
9.90 |
274 |
|
Fazenda Brasileiro |
481 |
2.31 |
36 |
1,303 |
2.94 |
123 |
1,784 |
2.77 |
159 |
1,862 |
3.48 |
208 |
|
Gualcamayo |
5,967 |
1.30 |
249 |
14,630 |
1.18 |
553 |
20,597 |
1.21 |
802 |
20,826 |
0.92 |
615 |
|
Jacobina |
7,995 |
2.20 |
565 |
8,259 |
3.27 |
867 |
16,254 |
2.74 |
1,433 |
16,480 |
2.36 |
1,252 |
|
Jeronimo (57.3%) |
- |
- |
- |
636 |
7.97 |
163 |
636 |
7.97 |
163 |
1,776 |
7.10 |
401 |
|
La Pepa |
15,750 |
0.61 |
308 |
133,682 |
0.57 |
2,452 |
149,432 |
0.57 |
2,760 |
37,900 |
0.50 |
620 |
|
Mercedes |
- |
- |
- |
1,056 |
3.77 |
128 |
1,056 |
3.77 |
128 |
1,827 |
6.11 |
359 |
|
Pilar de Goias (Jordino) |
- |
- |
- |
1,782 |
4.95 |
284 |
1,782 |
4.95 |
284 |
5,475 |
5.56 |
979 |
|
Pilar de Goias (Ogo, Tres Buracas) |
- |
-
|
- |
- |
-
|
- |
-
|
-
|
- |
4,900 |
1.38 |
219 |
|
Sub Total Gold Mineral Resources |
88,100 |
0.83 |
2,358 |
323,340 |
0.87 |
9,002 |
411,440 |
0.86 |
11,361 |
296,018 |
0.84 |
7,994 |
|
Agua Rica |
64,169 |
0.17 |
361 |
248,108 |
0.16 |
1,299 |
312,277 |
0.17 |
1,660 |
651,000 |
0.12 |
2,512 |
|
Total Gold Mineral Resources |
152,269 |
0.56 |
2,719 |
571,448 |
0.56 |
10,300 |
723,717 |
0.56 |
13,021 |
947,018 |
0.35 |
10,506 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Silver |
|
|
|
|
|
|
|
|
|
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
|
(000's) |
(g/t) |
oz. (000's) |
(000's) |
(g/t) |
oz. (000's) |
(000's) |
(g/t) |
oz. (000's) |
(000's) |
(g/t) |
oz. (000's) |
|
Alhue/Minera Florida |
882 |
18.17 |
515 |
1,247 |
28.24 |
1,132 |
2,129 |
24.07 |
1,647 |
2,746 |
55.11 |
4,865 |
|
Amancaya |
- |
- |
- |
- |
- |
- |
- |
- |
- |
1,390 |
73.00 |
3,270 |
|
El Peñón |
613 |
300.96 |
5,928 |
3,046 |
205.99 |
20,172 |
3,659 |
221.89 |
26,100 |
3,846 |
257.84 |
31,880 |
|
Esquel |
- |
- |
- |
4,700 |
23.00 |
3,523 |
4,700 |
23.00 |
3,523 |
900 |
21.00 |
575 |
|
Mercedes |
- |
- |
- |
1,056 |
49.80 |
1,690 |
1,056 |
49.80 |
1,690 |
1,827 |
58.46 |
3,435 |
|
Sub Total Silver Mineral Resources |
1,495 |
134.05 |
6,443 |
10,049 |
82.07 |
26,517 |
11,554 |
88.81 |
32,960 |
10,709 |
127,87 |
44,025 |
|
Agua Rica |
64,169 |
2.38 |
4,911 |
248,108 |
2.74 |
21,823 |
312,277 |
2.66 |
26,734 |
651,000 |
2.30 |
48,139 |
|
Total Silver Mineral Resources |
65,664 |
5.38 |
11,354 |
258,157 |
5.82 |
48,340 |
323,821 |
5.73 |
59,694 |
661,709 |
4.33 |
92,164 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Copper |
|
|
|
|
|
|
|
|
|
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
|
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
|
Chapada |
45,710 |
0.18 |
181 |
139,672 |
0.20 |
616 |
185,383 |
0.20 |
797 |
186,801 |
0.20 |
823 |
|
Sub Total Copper Mineral Resources |
45,710 |
0.18 |
181 |
139,672 |
0.20 |
616 |
185,383 |
0.20 |
797 |
186,801 |
0.20 |
823 |
|
Agua Rica |
64,169 |
0.49 |
700 |
248,108 |
0.40 |
2,178 |
312,277 |
0.42 |
2,878 |
651,000 |
0.34 |
4,880 |
|
Total Copper Mineral Resources |
109,879 |
0.36 |
881 |
387,780 |
0.33 |
2,794 |
497,660 |
0.34 |
3,675 |
837,801 |
0.31 |
5,703 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Zinc |
|
|
|
|
|
|
|
|
|
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
|
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
|
Alhue/Minera Florida |
882 |
1.3 |
27 |
1,247 |
1.50 |
41 |
2,129 |
1.45 |
68 |
2,745 |
1.51 |
92 |
|
Total Zinc Mineral Resources |
882 |
1.3 |
27 |
1,247 |
1.50 |
41 |
2,129 |
1.45 |
68 |
2,745 |
1.51 |
92 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Molybdenum |
|
|
|
|
|
|
|
|
|
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
Tonnes |
Grade |
Contained |
|
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
(000's) |
(%) |
lbs (mm) |
|
Agua Rica |
64,169 |
0.01 |
40 |
248,108 |
0.01 |
165 |
312,277 |
0.01 |
206 |
651,000 |
0.03 |
488 |
|
Total Moly Mineral Resources |
64,169 |
0.01 |
40 |
248,108 |
0.01 |
165 |
312,277 |
0.01 |
206 |
651,000 |
0.03 |
488 | |
Yamana Gold Inc. Mineral Reserve and Mineral Resource Reporting Notes:
-
Metal Prices and Cut-off Grades:
|
Mine |
Mineral Reserves |
Mineral Resources |
|
Alhue/Minera Florida |
$825 Au, $14.00 Ag, $0.75 lb Zn |
2.5 g/t Au cut-off |
|
Alumbrera (12.5%) |
$919 Au, $1.80 Cu, $12.00 Mo, 0.22% Cu EQ cut-off |
N/A |
|
Amancaya |
N/A |
1.0 g/t Au EQ OP, 3.4 g/t Au EQ UG |
|
Chapada |
$825 Au, $2.25 Cu, $3.62 NSR cut-off |
0 .17% Cu EQ cut-off |
|
C1-Santa Luz |
$750 Au, 0.5 g/t Au cut-off |
0.5 g/t Au cut-off |
|
El Peñón |
$825 Au, $14.00 Ag, variable cut-off |
3.9 or 5.0 g/t Au EQ |
|
Ernesto/Pau-a-Pique |
$825 Au, 1.0 g/t UG, 0.3 g/t Au OP cut-off |
0.3 g/t OP, 1.0 g/t IG |
|
Fazenda Brasileiro |
$776 Au, 1.5 g/t Au cut-off |
1.5 g/t cut-off |
|
Gualcamayo |
$825 Au, QDD 0.15 g/t Au, AIM 0.5 g/t Au QDDLW 1.0 g/t Au cut-off |
QDD 0.15 g/t Au, AIM 0.5 g/t Au, 1.0 g/t Au QDD LW |
|
Jacobina |
$825 Au; 1.1 g/t Au cut-off |
0.5 g/t Au cut-off |
|
Jeronimo (57.3%) |
N/A |
5.0 g/t Au cut-off |
|
La Pepa |
N/A |
0.3 g/t Au cut-off |
|
Mercedes |
$825 Au, $14.00 Ag; 3.0 g/t Au EQ cut-off |
2.0 g/t Au EQ cut-off |
|
Pilar (75%) |
N/A |
2.0 g/t Au cut-off |
|
Agua Rica |
$425 Au, $1.10 Cu; 0.2% Cu and $3.74 cut-off |
0.2% Cu cut-off |
-
All mineral reserves and mineral resources have been calculated in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and NI 43-101, other than the estimates for the Alumbrera mine which have been calculated in accordance with the JORC Code which is accepted under NI 43-101.
-
All mineral resources are reported exclusive of mineral reserves.
-
Mineral resources which are not mineral reserves do not have demonstrated economic viability.
-
Mineral reserves and mineral resources are reported as of December 31, 2009.
- For the qualified persons responsible for the mineral reserve and mineral resource estimates, see the qualified persons chart below:
|
Property |
Qualified Persons for Mineral Reserves |
Qualified Persons for Mineral Resources |
|
Alhué/ Minera Florida |
Stuart Collins, P.E., Scott Wilson Roscoe Postle Associates Inc. |
Chester M. Moore, P.Eng., Scott Wilson Roscoe Postle Associates Inc. |
|
Alumbrera |
Julio Bruna Novillo, AusIMM, Xstrata Plc |
Julio Bruna Novillo, AusIMM, Xstrata Plc |
|
Amancaya |
Not applicable |
Chester M. Moore, P.Eng., Scott Wilson Roscoe Postle Associates Inc. |
|
Chapada |
Marco Antonio Alfaro Sironvalle, MAusIMM, Corporate Manager, Reserves, Yamana Gold Inc. |
Marco Antonio Alfaro Sironvalle, MAusIMM, Corporate Manager, Reserves, Yamana Gold Inc. |
|
C-1 Santa Luz |
Enrique Munoz Gonzalez, MAusIMM, Metalica Consultores S.A. |
Marco Antonio Alfaro Sironvalle, MAusIMM, Corporate Manager, Reserves, Yamana Gold Inc. |
|
El Peñón |
Stuart Collins, P.E., Scott Wilson Roscoe Postle Associates Inc. |
Chester M. Moore, P.Eng., Scott Wilson Roscoe Postle Associates Inc. |
|
Ernesto/ Pau-a -Pique |
Renato Petter, P. Eng., Technical Services Director, Yamana Gold Inc. |
Rogerio Moreno, MAusIMM, Principal Geologist, MCB Servicos e Mineracao Ltda. |
|
Esquel |
Not applicable |
Robin J. Young, P. Geo., Western Services Engineering, Inc. |
|
Fazenda Brasileiro |
Renato Petter, P. Eng., Technical Services Director, Yamana Gold Inc. |
Rogerio Moreno, MAusIMM, Principal Geologist, MCB Servicos e Mineracao Ltda. |
|
Gualcamayo |
Renato Petter, P. Eng., Director of Technical Services, Yamana Gold Inc. |
Ronald G. Simpson, P. Geo., GeoSim Services Inc. and Marco Antonio Alfaro Sironvalle, MAusIMM, Corporate Manager, Reserves, Yamana Gold Inc. |
|
Jacobina |
Renato Petter, P. Eng., Technical Services Director, Yamana Gold Inc. |
Rogerio Moreno, MAusIMM, Principal Geologist, MCB Servicos e Mineracao Ltda. |
|
Jeronimo |
Not applicable |
Chester M. Moore, P. Eng., Scott Wilson Roscoe Postle Associates Inc. |
|
La Pepa |
Not applicable |
Chester M. Moore, P. Eng., Scott Wilson Roscoe Postle Associates Inc. |
|
Mercedes |
David Sprott, B.Sc, M.Sc., P.Eng., Associate and Senior Mine Engineer, Golder Associates Ltd. |
Greg Walker, P.Geo., Senior Manager, Resources Estimation, Yamana Gold Inc. |
|
Pilar |
Not applicable |
Greg Walker, P.Geo., Senior Manager, Resources Estimation, Yamana Gold Inc. and Pamela L. De Mark, P.Geo., Senior Consultant, Snowden Mining Industry Consultants Inc. |
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Agua Rica |
Renato Petter, P. Eng., Director of Technical Services, Yamana Gold Inc. |
Evandro Cintra, Ph.D., P. Geo., Senior Vice President, Technical Services, Yamana Gold Inc. |
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