Resources And Reserves

This serves as a key engine for the Group's future resource growth.
The Group will continue to adopt a strategy that combines “mine-site exploration” with “regional expansion”, increase investment in deep and peripheral exploration and fully leverage its newly established South American exploration company to further consolidate the resource base, and at the same time carry out large-scale geological mapping and integrated geophysical and geochemical work in prospective areas around the mine sites, with a view to achieving further exploration breakthroughs.

Rosebel Gold Mine: Drilling at Rosebel has mainly been concentrated within 300 metres of the surface, while mineralisation within the mining area still has potential to extend along strike and at depth. The Company plans to conduct exploration around the open-pit deposits within the Rosebel licence area, along strike and at depth, as well as in the high-grade zones in the central and northwestern parts of the Saramacca area, in order to expand resources. Continuous work will also be carried out in potential reserve growth areas such as Overman, with a view to further increasing resources.

Norton Gold Field: Norton adopts a balanced exploration strategy focused on brownfield exploration around existing mining areas, with the objective of extending mine life. Priority is given to deposits such as Tuart, Bullant, Enterprise, Federal, Binduli South and Racetrack, where encouraging exploration results have recently been achieved. Resource definition drilling is currently under way, while studies on refractory ore projects such as Racetrack are also being advanced to prepare for subsequent development.