SRK completed the “Updated Resource Report for the Ciemas Gold Project” as of 30 June 2014. The Mineral Resources were reported in accordance with the Australasian Code of Reporting Exploration Results, Mineral Resources and Ore Reserves (the “JORC Code”, 2012 Edition). The Mineral Resources were updated for four advanced prospect zones, namely Pasir Manggu, Cikadu, Sekolah and Cibatu, among a number of mineralised zones. The Measured + Indicated Resources is 3,040 thousand tonnes (“kt”), contains 26,740 kg of gold with an average gold grade of 8.8 g/t. The Inferred Resources is 1,600 kt, contains 12,230 kg of gold with an average grade of 7.6 g/t Au.
