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Astur Gold Corp. is developing its 100% owned Salave Gold project in northern Spain. In Febraury, 2011, the company released a Preliminary Economic Assessment on Salave. The company is focused on bringing Salave into production as soon as possible, initially as an underground mine. In September, 2011, the company submitted an application for an underground mine permit and is conducting an Environmental Impact Study.
The Astur Gold Corp. website is at www.asturgold.com.
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This report is based on NI 43-101 resource and reserve disclosures and fully diluted share counts available on 2012-03-30.
The GoldMinerPulse metrics, presented below in table format, are based on all projects and all in situ metals and are updated daily with closing market prices.
| General Metric | Value on 2013-05-24 |
|---|---|
| In Situ Metal Value per Share (MVpSh) | US$76.36 |
| Average Ore Value per Tonne | US$129.00 |
| Metal Value Leverage (MVL) | -no stock price- |
| Market Capitalization as a Percentage of Metal Value | - price unavailable |
| Recent Closing Stock Price | C$ [note 1] |
| Fully Diluted Share Count | 36.68 M [note 2] |
| Percentage In Situ Proven + Probable Reserve | 0% |
| Percentage In Situ Measured + Indicated Resource | 83% |
| Percentage In Situ Inferred Resource | 17% |
| Metric | Value on 2013-05-24 |
|---|---|
| Gold Reserves + Resources | 2.02 M oz |
| Average Gold Ore Grade | 2.9 g/t |
| Market Capitalization per oz of Gold In Situ | US$0.00 ( C$0.00 ) |
| Gold Equivalent Ounces Estimate | 2.02 M oz |
| Market Capitalization per oz of Gold Equivalent | US$0.00 ( C$0.00 ) |
Note 1: Conversion rate used: 1 Cnd$ = 0.968962 US$
Note 2:
- options (millions): 2.178 at an average price of C$1.04
Note 3: Current net cash = current cash (and cash equivalents) minus current liabilities
November, 2011 financials.
- current cash (and short term investments) = C$1.94M
- current liabilities = C$0.48M
All metal counts in this section are based on the combined Proven + Probable reserves plus the Measured + Indicated and Inferred resources.
| Metric / Metal | Gold | ||
|---|---|---|---|
| Total Counts (reserves + resources) | 2.02 M oz | ||
| Metal Prices in US$ (from 2013-05-24) | $1,384.20 / oz | ||
| Metal Value per Share (MVpSh) Shown in US$. Based on fully diluted share count | $76.36 | ||
| Percentage of Total Metal Value | 100.00% | ||
| Metal Value Percentage Proven + Probable | 0% | ||
| Metal Value Percentage Measured + Indicated | 83% | ||
| Metal Value Percentage Inferred | 17% | ||
The above metal value totals derive from the following projects.
| Project | Location | Metal Value per share (% total) | Average Ore Value US$/t | Gold | PP% | MI% | I% |
|---|---|---|---|---|---|---|---|
| Salave | Asturias Region, Spain | $76.36 ( 100.0% ) | US$129.00 | 2.02 M oz | 0 | 83% | 17% |
PP%: percentage of metal value from Proven + Probable reserves
MI%: percentage of metal value from Measured + Indicated resources
I%: percentage of metal value from Inferred resources
Note: percentages may no add to 100% due to rounding errors
Latest NI43-101 Report: PRELIMINARY ECONOMIC
ASSESSMENT ON THE SALAVE
GOLD PROJECT, ASTURIAS
REGION, SPAIN
2011-02-12 (263 pages).
Project Location: Asturias Region, Spain.
Average Ore Value (all estimate types): US$129.00
Measured + Indicated
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $63.57 | 1.68 M oz | 2.920 g/t | 17.95 M t |
Estimate notes: See Table EX 3: Mineral Resource Estimate, as of January 15, 2010 (Scott Wilson RPA) on p. 15 of 263 in the NI43-101 dated February, 2011.
0.7 g/t Au cut-off.
Inferred
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $6.12 | 162.17 K oz | 1.940 g/t | 2.60 M t |
Estimate notes: Open pit.
0.7 g/t Au cut-off grade.
Inferred
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $6.67 | 176.80 K oz | 4.700 g/t | 1.17 M t |
Estimate notes: Underground.
2.5 g/t Au cut-off grade.