| |
|
Rio Alto's primary focus for 2010 is to complete construction of a dump leach gold mine at La Arena in Peru.
The panaroma photo below was taken the last week of November. What you can see on the left is the PLS pond (where the gold in cyanide collects prior to going to the plant), in the centre of the shot is the leach pad and to the right of the photo is the plant site. All the roads you can see are haulage and access roads Rio Alto have built on site for construction and mining activities.
Leftist Humala picks centrists for Peru Cabinet: Leftist Peruvian President-elect Ollanta Humala picked more centrists for his Cabinet on Thursday as he tries to reassure investors he will govern as a moderate in one of the world's fastest-growing economies.
The Rio Alto Mining Limited website is at www.rioaltomining.com.
Information Links: Yahoo News and Quotes | Yahoo Message Board | StockCharts
More Information Links: RIOAF on the OTCQX | Check RIO Lima Quotes (US$) | Rio Alto Merger Conference Call Transcript, May 28, 2009 | Canadian Insider Trading | Candlestick Analysis |
Rio Alto Fair Market Share Price Estimate updated daily.
|
This report is based on NI 43-101 resource and reserve disclosures and fully diluted share counts available on 2012-01-05.
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 2012-02-03 |
|---|---|
| In Situ Metal Value per Share (MVpSh) | US$147.65 |
| Average Ore Value per Tonne | US$35.56 |
| Metal Value Leverage (MVL) | 36.85 |
| Market Capitalization as a Percentage of Metal Value | 2.7% |
| Recent Closing Stock Price | C$3.98 [note 1] |
| Fully Diluted Share Count | 179.07 M [note 2] |
| Percentage In Situ Proven + Probable Reserve | 0% |
| Percentage In Situ Measured + Indicated Resource | 45% |
| Percentage In Situ Inferred Resource | 45% |
| Metric | Value on 2012-02-03 |
|---|---|
| Gold Reserves + Resources | 6.05 M oz |
| Average Gold Ore Grade | 0.3 g/t |
| Market Capitalization per oz of Gold In Situ | US$118.64 ( C$117.84 ) |
| Gold Equivalent Ounces Estimate | 15.32 M oz |
| Market Capitalization per oz of Gold Equivalent | US$46.84 ( C$46.52 ) |
Note 1: Conversion rate used: 1 Cnd$ = 1.00682 US$
Note 2: Fully diluted share count updated based on counts given at Share Structure web page (viewed May 2011).
All metal counts in this section are based on the combined Proven + Probable reserves plus the Measured + Indicated and Inferred resources.
| Metric / Metal | Gold | Copper | ||
|---|---|---|---|---|
| Total Counts (reserves + resources) | 6.05 M oz | 1.87 M t | ||
| Metal Prices in US$ (from 2012-02-03) | $1,725.90 / oz | $3.89 / lb | ||
| Metal Value per Share (MVpSh) Shown in US$. Based on fully diluted share count | $58.29 | $89.36 | ||
| Percentage of Total Metal Value | 39.48% | 60.52% | ||
| Metal Value Percentage Proven + Probable | 0% | 0% | ||
| Metal Value Percentage Measured + Indicated | 40% | 49% | ||
| Metal Value Percentage Inferred | 35% | 51% | ||
The above metal value totals derive from the following projects.
| Project | Location | Metal Value per share (% total) | Average Ore Value US$/t | Gold | Copper | PP% | MI% | I% |
|---|---|---|---|---|---|---|---|---|
| La Arena Sulphide | La Libertad, Peru | $132.43 ( 89.7% ) | US$37.50 | 4.47 M oz | 1.87 M t | 0 | 50% | 50% |
| La Arena Oxide | La Libertad, Peru | $15.22 ( 10.3% ) | US$24.54 | 1.58 M oz | 0 | 0 | 6% |
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: La Arena Project, Peru Technical Report
2010-07-31 (168 pages).
Updates: Rio Alto Increases Mineral Resources at La Arena, January 5, 2012 news release.
Project Location: La Libertad, Peru. View project on a Google Map.
Average Ore Value (all estimate types): US$24.54
Measrured + Indicated
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $14.35 | 1.49 M oz | 0.460 g/t | 100.70 M t |
Estimate notes: See January 5, 2012 news release.
Cut-off is 0.1 g/t Au.
Inferred
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $0.87 | 90.28 K oz | 0.270 g/t | 10.40 M t |
Latest NI43-101 Report: La Arena Project, Peru Technical Report
2008-06 (0 pages).
Updates: Rio Alto Increases Mineral Resources at La Arena, January 5, 2012 news release.
Project Location: La Libertad, Peru.
Average Ore Value (all estimate types): US$37.50
Indicated
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $23.25 | 2.41 M oz | 0.240 g/t | 312.70 M t |
| Copper | $43.43 | 906.83 K t | 2,900.000 g/t | 312.70 M t |
Estimate notes: See January 5, 2012 news release.
Cut-off is 0.18% CuEq
Inferred
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $19.81 | 2.06 M oz | 0.200 g/t | 319.70 M t |
| Copper | $45.93 | 959.10 K t | 3,000.000 g/t | 319.70 M t |
Estimate notes:
| Banner ad GoldMinerPulse. |