11.07.2015 Views

Technical Report for the Fort Knox Mine - Kinross Gold

Technical Report for the Fort Knox Mine - Kinross Gold

Technical Report for the Fort Knox Mine - Kinross Gold

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Fort</strong> <strong>Knox</strong> <strong>Mine</strong> <strong>Technical</strong> <strong>Report</strong>3.0 RELIANCE ON OTHER EXPERTS3.1 O<strong>the</strong>r Experts<strong>Mine</strong>ral Resource Development, Inc. (MRDI) of San Mateo, Cali<strong>for</strong>nia assisted in <strong>the</strong>resource modelling through 2001. Fairbanks <strong>Gold</strong> Mining Inc. and <strong>Kinross</strong> <strong>Technical</strong>Services staff developed <strong>the</strong> 2007 model reserve and resource methodology.Diligent care has been taken in <strong>the</strong> preparation of this report and <strong>the</strong> authors areconfident about <strong>the</strong> accuracy of supporting studies not prepared under <strong>the</strong>ir directsupervision. While <strong>the</strong> authors did not supervise <strong>the</strong> preparation of reports relating toreserve estimation techniques prior to 2004, geotechnical studies, or any drilling andassaying prior to 2004, <strong>the</strong>y have examined <strong>the</strong> reports and supporting data and haveconcluded that <strong>the</strong> in<strong>for</strong>mation, conclusions and recommendations are reasonable.Accordingly, <strong>the</strong> authors are confident that report recommendations and conclusions aresuitable <strong>for</strong> use in <strong>the</strong> preparation of <strong>the</strong> appropriate sections of this report.3.2 Independent AuditRoscoe Postle Associates Inc. (RPA) was retained by <strong>Kinross</strong> <strong>Gold</strong> Corporation toindependently audit <strong>the</strong> December 31, 2004 <strong>Mine</strong>ral Resource and <strong>Mine</strong>ral Reserveestimates of <strong>the</strong> <strong>Fort</strong> <strong>Knox</strong> operation. RPA did not identify any significant “fatal flaws” in<strong>the</strong> <strong>Fort</strong> <strong>Knox</strong> resource and given <strong>the</strong> knowledge and understanding that FGMI hasaccumulated with <strong>the</strong> operation, RPA expects that <strong>the</strong> <strong>Fort</strong> <strong>Knox</strong> Proven and Probable<strong>Mine</strong>ral Reserves will likely represent a reasonable global estimate of <strong>the</strong> total in-situgold reserves.14

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!