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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:- Mineral Resources which are not mineral reserves do not have demonstrated economic viability
- 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.
- Historical production of 9,700 oz (Hosco) and 10,700 oz (Heva), has not been subtracted from indicated and measured resources.
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.
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