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Reserves & Resources
Table 1: Mineral Reserve and Mineral Resource Statement
Castle Gold Corporation
Property Totals at December 31, 2006
| Classification |
Location |
Castle Gold Interest |
Tonnes |
Grade (g/t) |
Ounces |
Equity Ounces |
| Mineral Reserves |
|
|
|
|
|
|
| Castillo - Proven and Probable(1) |
Mexico |
100% |
46,800,000 |
0.50 |
752,000 |
752,000 |
| El Sastre Main Zone – Probable(2) |
Guatemala |
50% |
500,000 |
2.50 |
40,000 |
20,000 |
| Total Proven and Probable Reserves |
|
|
47,300,000 |
|
792,000 |
772,000 |
| Measured and Indicated Mineral Resources |
|
|
|
|
|
|
| Fortuna - Measured and Indicated |
Mexico |
100% |
4,800,000 |
1.98 |
308,000 |
308,000 |
| Castillo - Measured and Indicated |
Mexico |
100% |
94,300,000 |
0.39 |
1,180,000 |
1,180,000 |
| Total Measured and Indicated Resources |
|
|
94,300,000 |
|
1,488,000 |
1,488,000 |
| Inferred Mineral Resources |
|
|
|
|
|
|
| Castillo - Inferred |
Mexico |
100% |
496,000 |
0.79 |
12,550 |
12,550 |
| El Sastre Main Zone – Inferred |
Guatemala |
50% |
1,440,000 |
2.20 |
102,000 |
51,000 |
| El Arenal Zone – Inferred |
Guatemala |
50% |
1,830,000 |
1.30 |
76,000 |
38,000 |
| Bridge Zone – Inferred |
Guatemala |
70% |
1,260,000 |
1.70 |
69,700 |
48,790 |
| Lupita Zone – Inferred |
Guatemala |
70% |
13,000,000 |
1.20 |
518,000 |
362,600 |
| Total Inferred Resources |
|
|
18,026,000 |
1.34 |
778,250 |
512,940 |
(1) Reserves have been estimated using a gold price of US$625 per ounce.
(2) Reserves have been estimated using a gold price of US$550 per ounce.
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Nov 05, 2008
Castle Gold Announces Stock Repurchase Program
Sep 26, 2008
Castle Gold Provides Update on Corporate Restructuring Initiatives
Sep 11, 2008
Castle Gold Replicates Historic Drilling at its La Fortuna Gold-Silver-Copper Project, Mexico Thereby Facilitating NI 43-101 Resource Study
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