Polyus Gold International Limited:

Ore Reserves and Mineral Resources in Kazakhstan and Romania

 

Polyus Gold International Limited (formerly KazakhGold Group Limited) (LSE: POLG and PLGL) announces the ore reserves and mineral resources for mining assets in Kazakhstan and Romania as of May 2011, determined in accordance with the JORC Code at such date:

Reserves

 

 

 

 

 

Gold

 

 

 

 

Grade

Metal Content

Deposit

 

Reserve

Ore(Mt)

(g/t)

(oz)

Aksu Open Pit               

 

Proven

3.39

1.08

113,866

 

 

Probable

22.31

1.89

1,308,698

 

 

Total

25.70

1.78

1,422,564

Aksu Underground

 

Proven

2.07

5.22

336,004

 

 

Probable

0.28

4.89

42,545

 

 

Total

2.35

5.18

378,549

Aksu Combined

 

 

28.05

2.06

1,801,113

Bestobe Open Pit

 

Proven

0.55

2.22

38,043

 

 

Probable

17.44

1.34

729,515

 

 

Total

17.99

1.37

767,558

Bestobe Underground

 

Proven

-

 

-

 

 

Probable

0.66

3.26

66,992

 

 

Total

0.66

3.26

66,992

Bestobe Combined

 

 

18.65

1.44

834,550

Zholymbet Open Pit

 

Proven

-

 

-

 

 

Probable

3.54

1.28

140,635

 

 

Total

3.54

1.28

140,635

Zholymbet Underground

Proven