#Montepuez ruby mine code
JORC code compliant Probable Secondary Ore Reserve of 25.3 million tonnes or 179 million carats at a grade of 7.07 carats/tonne. JORC code compliant Probable Primary Ore Reserve of primary ore of 2.2 million tonnes or 253 million carats at a grade of 114.9 carats/tonne and Probable Ore Reserves of 432 million carats of ruby and corundum at diluted ore grade of 15.7 carats per tonne JORC code compliant Indicated Mineral Resource of secondary mineralisation of 5.0 million tonnes or 178 million carats at a grade of 35.7 carats/tonne. JORC code compliant Inferred Mineral Resource of primary mineralisation of 0.4 million tonnes or 44 million carats at a grade of 115.4 carats/tonne and
JORC code compliant Indicated Mineral Resource of primary mineralisation of 2.1 million tonnes or 245 million carats at a grade of 115.4 carats/tonne Indicated and Inferred Mineral Resource of 467 million carats of ruby and corundum at an in- situ grade of 62.3 carats per tonne The CPR includes MRM's maiden Mineral Resource and Ore Reserve estimates and accompanying Statements prepared in accordance with JORC Code (2012). Gemfields plc (AIM: GEM) is pleased to announce the publication of a Competent Persons Report ("CPR") produced by SRK Consulting (UK) Limited ("SRK") on the Montepuez Ruby Mine ("MRM" or "Montepuez"), which is 75% owned by Gemfields and 25% by local partners, Mwiriti Limitada. Montepuez Ruby Mine Maiden JORC Resource & Reserves