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Technical Report for the Maricunga Gold Mine - Kinross Gold

Technical Report for the Maricunga Gold Mine - Kinross Gold

Technical Report for the Maricunga Gold Mine - Kinross Gold

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<strong>Kinross</strong> <strong>Gold</strong> Corporation<strong>Maricunga</strong> <strong>Mine</strong> <strong>Technical</strong> <strong>Report</strong><strong>the</strong>re is no significant difference and <strong>the</strong>re<strong>for</strong>e <strong>the</strong> density assignment will remain <strong>the</strong> sameas in previous models. In addition, a review of <strong>the</strong> data shows that <strong>the</strong>re is insufficient dataat this time to produce a spatial density model. Because <strong>the</strong> variation in <strong>the</strong> density valuesby redox code is not significant within <strong>the</strong> redox type, a mean density value is consideredreasonable.At Pancho <strong>the</strong> density values were coded using <strong>the</strong> newly interpreted oxidation surfaces.The statistics were calculated and compared with <strong>the</strong> previous model. It is, as in <strong>the</strong> case ofVerde, considered reasonable to use a mean density value in <strong>the</strong> blocks. Table 17-11 shows<strong>the</strong> comparison between <strong>the</strong> original model and <strong>the</strong> model updated in 2007.Table 17-10: Density Measurements and Oxidation Level <strong>for</strong> VerdeOriginal Values2007 ChecksCode Mean Mean No. Data Min. Max. C.V.Oxide 2.45 2.45 55 2.12 2.63 0.06Mixed 2.52 2.53 219 2.16 2.69 0.04Sulphide 2.57 2.57 467 2.10 2.72 0.03Table 17-11: Density Measurements and Oxidation Level <strong>for</strong> Pancho2003 Values 2007 ChecksCode Mean Mean No. Data Min. Max. C.V.Oxide 2.27 2.20 642 1.38 2.73 0.09Mixed 2.38 2.40 196 2.10 2.63 0.06Sulphide 2.49 2.50 2,506 1.83 2.90 0.0517.4.10 Model Checking and VerificationBlock model verification included visual inspection of <strong>the</strong> model after grade interpolation wascompleted to examine if <strong>the</strong> grades were consistent with <strong>the</strong> available raw data. The modelwas manually reviewed in plan and section using Vulcan visualization tools. Visualinspection did not identify any errors in <strong>the</strong> model.17.5 Resource ClassificationThe mineral resource estimates <strong>for</strong> Verde and Pancho have bee prepared and classified inaccordance with <strong>the</strong> Canadian Institute of Mining, Metallurgical and Petroleum’s (“CIM”)88

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