Aurizon Mines Ltd. TSXV:ARZ





Aurizon Mines Ltd. (TSX:ARZ; NYSE Amex:AZK) - Canadian based gold producer, exploration and development company.

Aurizon Strategy

Focused on becoming an intermediate gold producer by exploring
and developing large land positions on favourable geological trends,
close to infrastructure, in politically stable, pro-mining jurisdictions.

Aurizon's Assets

In addition to Casa Berardi, Aurizon owns the Joanna Gold Project and the Kipawa Exploration Property. Aurizon's combined property holdings cover in excess of 300 square miles of prospective geology in the Abitibi area of Quebec.
  • Casa Berardi - Gold - Commenced commercial gold production in second quarter 2007. Expected to produce approximately 150,000 - 155,000 gold ounces in 2009

  • Joanna - Gold - Advanced exploration

  • Kipawa - Gold/Rare Earth - Early stage Exploration

  • Experienced management team
Casa Berardi Mineral Reserves and Resources - as at December 31, 2008

 

Tonnes

Grade
Grams/tonne

Gold
Ounces

Mineral Reserves  

 

 

 

 Proven and Probable  Mineral Reserves

 

 

 

   Underground

3,201,000

8.5

875,000

   Open pit

635,000

4.0

81,000

Total Mineral Reserves

3,836,000

7.8

956,000

Mineral Resources

 

 

 

  Measured Mineral Resources

728,000

5.4

126,000

  Indicated Mineral Resources

4,234,000

6.0

810,000

Total Measured & Indicated Resources

4,962,000

5.9

936,000

Inferred Mineral Resources

4,339,000

6.6

920,000


Note: Mineral resources which are not mineral reserves do not have demonstrated economic viability. Mineral reserves and resources estimates have been completed in accordance with the Standards of Disclosure for Mineral Projects as defined by National Instrument 43-101. Mineral resources are exclusive of mineral reserves. Mineral reserves and mineral resources for 2008 were calculated using a gold price of US$750.

Joanna Mineral Resources - as at December 31, 2008

 

 

Tonnes

Grade
Grams/tonne

Gold
Ounces

Mineral Resources

 

 

 

 

Measured

Hosco

18,500,000

1.4

827,000

Indicated

Hosco
Heva

11,100,000
4,200,000

1.3
1.9

446,000
257,000

Total Measured and Indicated

 

33,800,000

1.4

1,530,000

Inferred

Hosco
Heva

19,800,000
8,600,000

1.2
1.8

774,000
488,000

Total Inferred

 

28,400,000

1.4

1,262,000


Notes:
  1. Mineral Resources which are not mineral reserves do not have demonstrated economic viability
  2. Measured and indicated mineral resources for 2008 are reported to a depth of 300 metres at a cut off grade of 0.5 grams of gold per tonne. Inferred mineral resources for 2008 are related to a depth of 600 metres at a cut off grade of 0.5 grams of gold per tonne. Mineral resources for 2007 are reported to a depth of 600 metres at cut-offs from 0.5 to 1.5 grams of gold per tonne, depending of depth.
  3. Historical production of 9,700 oz (Hosco) and 10,700 oz (Heva), has not been subtracted from indicated and measured resources.


  4. Company History
    Click here to view History in PDF format

    The head office and registered and records office address of Aurizon
    is located at Suite 3120, Park Place, 666 Burrard Street, Vancouver,
    British Columbia, V6C 2X8, Canada.