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MINERAL RESOURCE AND ORE RESERVE STATEMENT – DEC 2017

Gold Resources StatementMeasuredIndicatedInferredTotal Resources 
Total64.070.801,640419.270.7610,22652.461.412,380535.790.8314,245
ProjectTypeCut-OffTonnes (Million)Gold Grade (g/t)Gold Metal (koz)Tonnes (Million)Gold Grade (g/t)Gold Metal (koz)Tonnes (Million)Gold Grade (g/t)Gold Metal (koz)Tonnes (Million)Gold Grade (g/t)Gold Metal (koz)CP
Cowal1Open-Pit0.446.640.701,049141.990.914,1735.271.50255193.900.885,476
CowalUnderground3------5.903.176035.903.17603
Cowal1Total0.4046.640.701,049141.990.914,17311.172.39858199.800.956,0791
Cracow1Total2.800.178.52461.407.133211.562.871443.135.085112
Mt Carlton1Open-Pit0.350.593.656910.362.387930.694.5810111.642.57963
Mt CarltonUnderground2.40---0.2111.56780.0510.38150.2511.3593
Mt Carlton1Total0.593.65 69 10.572.60 870 0.73 4.90 11711.892.761,0564
Mt Rawdon1Total0.202.890.585439.790.719055.770.5810848.440.691,0675
Mungari1Open-Pit0.500.180.94537.101.151,37311.381.5054848.661.231,927
Mungari1Underground2.50/1.500.419.461241.484.502143.702.472945.593.52633
Mungari1Total0.596.8413038.581.281,58715.081.7484254.261.472,5603
Ernest Henry2Total0.9013.200.6929367.100.621,33815.000.6028995.300.631,9206
MarsdenTotal0.20---119.830.271,0313.140.2222122.970.271,0537
Gold Reserves StatementProvedProbableTotal Reserve 
Total61.030.781,530214.950.805,518275.990.797,048
ProjectTypeCut-OffTonnes (Million)Gold Grade (g/t)Gold Metal (koz)Tonnes (Million)Gold Grade (g/t)Gold Metal (koz)Tonnes (Million)Gold Grade (g/t)Gold Metal (koz)CP
Cowal1Open Pit0.4046.640.701,04969.640.891,998116.280.813,0461
Cracow1Underground3.400.175.72321.315.082131.485.142452
Mt Carlton1Open-Pit0.800.593.65693.634.965784.224.776473
Mt Carlton1Underground3.7---0.287.20650.287.22656
Mt Carlton1Total0.593.65693.915.116434.504.92712
Mt Rawdon1Open Pit0.302.890.585423.560.8161726.440.796714
Mungari1Underground2.750.375.86700.714.701071.085.10177
Mungari1Open-Pit0.700.180.9459.451.564749.631.55479
Mungari1Total0.554.247510.161.7858110.711.916565
Ernest Henry2Underground0.9010.200.7725341.200.4964951.400.559027
MarsdenOpen Pit0.3---65.170.3981765.170.398173
Copper Resources StatementMeasuredIndicatedInferredTotal Resources
Total4.551.1854150.530.568368.380.6857163.450.58946.
ProjectTypeCut-OffTonnes (Million)Copper Grade (%)Copper Metal (kt)Tonnes (Million)Copper Grade (%)Copper Metal (kt)Tonnes (Million)Copper Grade (%)Copper Metal (kt)Tonnes (Million)Copper Grade (%)Copper Metal (kt)CP
Marsden1Total0.2---119.830.465533.140.247122.970.465607
Ernest Henry2Total0.903.961.305120.131.182384.501.004528.591.173346
Mt Carlton1Open pit0.350.590.37210.360.41430.690.68511.640.4350.
Mt CarltonUnderground2.4---0.210.9920.051.4010.251.063.
Mt
Carlton
Total0.590.37210.570.43450.740.73511.890.44524
Copper Reserves StatementProvedProbableTotal Reserve 
Total3.651.324881.440.6351685.090.66564
ProjectTypeCut-OffTonnes (Million)Copper Grade (%)Copper Metal (kt)Tonnes (Million)Copper Grade (%)Copper Metal (kt)Tonnes (Million)Copper Grade (%)Copper Metal (kt)CP
MarsdenTotal0.3---65.170.5737165.170.573713
Ernest Henry2Total0.93.061.504612.360.9611915.421.071657
Mt Carlton1Open pit0.80.590.3723.630.70254.220.64273
Mt CarltonUnderground3.7---0.280.3710.280.3616
Mt CarltonTotal0.590.3723.910.66264.500.6228

General Notes:

Data is reported to significant figures to reflect appropriate precision and may not sum precisely due to rounding.
Mineral Resources are reported inclusive of Ore Reserves.
1  Includes stockpiles
 Ernest Henry Operation cut-off 0.9% CuEq

The figures presented above are extracted from the report entitled “Annual Mineral Resources and Ore Reserve Statement 2017” released to ASX on 19 April 2018. To view this report click here.

Full details of the Ernest Henry Mineral Resources and Ore Reserves are provided in the report entitled “Glencore Resources and Reserves as at 31 December 2017” released February 2018 and available to view at www.glencore.com.

The Company confirms that it is not aware of any new information or data that materially affects the information included in the Reports and that all material assumptions and parameters underpinning the estimates in the Reports continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the Reports.

Ernest Henry Resource is reported on a 100% basis for gold and 30% for copper. (Evolution Mining has rights to 100% of the revenue from future gold production and 30% of future copper and silver produced from an agreed life of mine area and 49% of future gold, copper and silver produced from the Ernest Henry Resource outside the agreed life of mine area). Apportioning of the resource into the specific rights does not constitute a material change to the reported figures.

Group Gold Mineral Resources Competent Person (CP) Notes refer to 1. James Biggam; 2. Chris Wilson; 3. Andrew Engelbrecht; 4 Matthew Obiri-Yeboah; 5. Tim Murphy; 6. Colin Stelzer (Glencore); 7. Michael Andrew

Group Gold Ore Reserve Competent Person (CP) Notes refer to 1. Ryan Kare; 2. Phillip Jones; 3. Anton Kruger; 4. Dimitri Tahan; 5. Matt Varvari; 6. Tully Davies; 7. Mark Jamieson (Glencore)

Group Copper Mineral Resources Competent Person (CP) Notes refer to 1. James Biggam; 2. Chris Wilson; 3. Andrew Engelbrecht; 4 Matthew Obiri-Yeboah; 5. Tim Murphy; 6. Colin Stelzer (Glencore); 7. Michael Andrew

Group Copper Ore Reserve Competent Person (CP) Notes refer to 1. Ryan Kare; 2. Phillip Jones; 3. Anton Kruger; 4. Dimitri Tahan; 5. Matt Varvari; 6. Tully Davies; 7. Mark Jamieson (Glencore)