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The Underworld Resources Inc. website is at www.underworldresources.com.
Information Links: Yahoo News and Quotes | Yahoo Message Board | StockCharts | Canadian Insider Trading
This report is based on NI 43-101 resource and reserve disclosures and fully diluted share counts available on 2010-03-11.
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$51.79 |
| Average Ore Value per Tonne | US$142.31 |
| Metal Value Leverage (MVL) | -no stock price- |
| Market Capitalization as a Percentage of Metal Value | - price unavailable |
| Recent Closing Stock Price | C$ [note 1] |
| Fully Diluted Share Count | 52.73 M [note 2] |
| Percentage In Situ Proven + Probable Reserve | 0% |
| Percentage In Situ Measured + Indicated Resource | 64% |
| Percentage In Situ Inferred Resource | 36% |
| Metric | Value on 2012-02-03 |
|---|---|
| Gold Reserves + Resources | 1.58 M oz |
| Average Gold Ore Grade | 2.6 g/t |
| Market Capitalization per oz of Gold In Situ | US$0.00 ( C$0.00 ) |
| Gold Equivalent Ounces Estimate | 1.58 M oz |
| Market Capitalization per oz of Gold Equivalent | US$0.00 ( C$0.00 ) |
Note 1: Conversion rate used: 1 Cnd$ = 1.00682 US$
Note 2: Fully diluted share count is as of February 22, 2010 and is taken from MANAGEMENT DISCUSSION AND ANALYSIS For the period ending December 31, 2009 document.
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) | 1.58 M oz | ||
| Metal Prices in US$ (from 2012-02-03) | $1,725.90 / oz | ||
| Metal Value per Share (MVpSh) Shown in US$. Based on fully diluted share count | $51.79 | ||
| Percentage of Total Metal Value | 100.00% | ||
| Metal Value Percentage Proven + Probable | 0% | ||
| Metal Value Percentage Measured + Indicated | 64% | ||
| Metal Value Percentage Inferred | 36% | ||
The above metal value totals derive from the following projects.
| Project | Location | Metal Value per share (% total) | Average Ore Value US$/t | Gold | PP% | MI% | I% |
|---|---|---|---|---|---|---|---|
| White Gold | Yukon, Canada | $51.79 ( 100.0% ) | US$142.31 | 1.58 M oz | 0 | 64% | 36% |
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: White Gold Property
Dawson Range
Yukon, Canada
2010-03-03 (114 pages).
Project Location: Yukon, Canada. View the White Gold project on a Google Map.
Average Ore Value (all estimate types): US$142.31
Indicated
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $32.45 | 991.25 K oz | 3.190 g/t | 9.67 M t |
Estimate notes: Golden Saddle Area open pit in Table 16.11: Mineral Resource Statement*, White Gold Project, Yukon Territory, SRK
Consulting (Canada) Inc, January 15, 2010 on p. 80 of 114 in the NI 43-101 dated March 2010.
0.5 g/t gold cut-off grade
Inferred
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $10.06 | 307.44 K oz | 2.330 g/t | 4.10 M t |
Estimate notes: Golden Saddle area, open pit -- see Indicated note.
Indicated
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $0.45 | 13.71 K oz | 3.230 g/t | 132.00 K t |
Estimate notes: Golden Saddle area, underground -- see Indicated note.
Cut-off grade of 2.0 g/t.
Inferred
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $3.27 | 99.76 K oz | 3.380 g/t | 918.00 K t |
Estimate notes: Golden Saddle area, underground -- see Indicated note.
Inferred
| Metal | MVpSh | Contained Metal Quantity | Ore Grade | Ore Quantity |
|---|---|---|---|---|
| Gold | $5.56 | 169.96 K oz | 1.210 g/t | 4.37 M t |
Estimate notes: Arc area, open pit -- see Indicated note.
0.5 g/t cut-off grade.
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