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RESERVES & RESOURCES

Gofer Mining's proven and probable reserves at November 1, 2019 totaled 5.5 million ounces of gold. Measured, indicated and inferred resources at November 1, 2019 totaled 13.8 million ounces of gold.

Complete mineral reserve and resource data including tonnes, grades and ounces are shown in the tables below.

Gofer Mining Mineral Reserves as of November 1, 2019

Project Proven Mineral Reserves
Probable Mineral Reserves Total Proven and Probable
                   
Gold Tonnes Au In-situ Au Tonnes Au In-situ Au Tonnes Au In-situ Au
  (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000)
Began N/A N/A N/A 2,505 3.68 296 2,505 3.68 296
Berehove N/A N/A N/A 5,660 9.4 1,710 5,660 9.4 1,710
Kvasovo N/A N/A N/A 2,182 8.7 610 2,182 8.7 610
Muzhievo 1,961 9.27 584 4,339 9.27 1,295 6,300 9.27 1,879
Saulyak 1,210 6.2 241 2,988 7.94 763 4,199 7.43 1,004
TOTAL GOLD 3,171 7.74 825 17,674 7.8 4,674 20,846 7.7 5,499
                   
Silver Tonnes Ag In-situ Ag Tonnes Ag In-situ Ag Tonnes Ag In-situ Ag
  (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000)
Began 3,011 15.39 1,490 14,004 50.86 22,899 17,015 44.58 24,389
Berehove N/A N/A N/A 5,660 45.18 8,221 5,660 45.18 8,221
Kvasovo N/A N/A N/A 2,182 38.4 2,694 2,182 38.4 2,694
Muzhievo 1,961 41.35 2,607 4,339 41.35 5,768 6,300 41.35 8,375
TOTAL SILVER 4,972 28.37 4,097 26,185 43.95 39,582 31,157 42.38 43,679
                   
Copper Tonnes Cu In-situ Cu Tonnes Cu In-situ Cu Tonnes Cu In-situ Cu
  (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)
Began N/A N/A N/A 8,498 0.079 6,734 8,498 0.079 6,734
TOTAL COPPER N/A N/A N/A 8,498 0.079 6,734 8,498 0.079 6,734
                   
Lead Tonnes Pb In-situ Pb Tonnes Pb In-situ Pb Tonnes Pb In-situ Pb
  (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)
Began N/A N/A N/A 9,600 1.25 120 9,600 1.25 120
Berehove N/A N/A N/A 5,660 1.97 112 5,660 1.97 112
Kvasovo N/A N/A N/A 2,182 2.1 46 2,182 2.1 46
Muzhievo 1,961 1.99 39 4,339 1.99 86 6,300 1.99 125
TOTAL LEAD 1,961 1.99 39 21,781 1.83 364 23,742 1.83 403
                   
Zinc Tonnes Zn In-situ Zn Tonnes Zn In-situ Zn Tonnes Zn In-situ Zn
  (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)
Began N/A N/A N/A 9,470 3.78 358 9,470 3.78 358
Berehove N/A N/A N/A 5,660 5.16 292 5,660 5.16 292
Kvasovo N/A N/A N/A 2,182 5.04 118 2,182 5.04 118
Muzhievo 1,961 6.98 137 4,339 6.98 303 6,300 6.98 440
TOTAL ZINC 1,961 6.98 137 21,651 5.24 1,071 23,612 5.24 1,208
                   
Barite Tonnes BaSO4 In-situ BaSO4 Tonnes BaSO4 In-situ BaSO4 Tonnes BaSO4 In-situ BaSO4
  (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)
Began 2,830 24.44 691 4,497 24.44 1,099 7,327 24.44 1,790
TOTAL BARITE 2,830 24.44 691 4,497 24.44 1,099 7,327 24.44 1,790
                   

Gofer Mining Mineral Resources as of November 1, 2019

Project Measured Resources
Indicated Resources
Total Measured and Indicated Inferred Resources
                         
Gold Tonnes Au In-situ Au Tonnes Au In-situ Au Tonnes Au In-situ Au Tonnes Au In-situ Au
  (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000)
Began N/A N/A N/A 2,505 3.68 296 2,505 3.68 296 3,376 3.11 337
Berehove N/A N/A N/A 5,660 9.4 1,710 5,660 9.4 1,710 24,240 6.47 5,047
Kvasovo N/A N/A N/A 2,182 8.7 610 2,182 8.7 610 2,858 8.4 772
Muzhievo 1,961 9.27 584 4,339 9.27 1,295 6,300 9.27 1,879 N/A N/A N/A
Saulyak 1,690 4.79 260 5,214 5.02 841 6,904 4.96 1,101 8,666 7.50 2,089
TOTAL GOLD 3,651 7.03 844 19,900 7.21 4,752 23,551 36.01 5,596 39,140 6.37 8,245
                         
Silver Tonnes Ag In-situ Ag Tonnes Ag In-situ Ag Tonnes Ag In-situ Ag Tonnes Ag In-situ Ag
  (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000) (x1000) g/t ounces (x1000)
Began 3,011 15.39 1,490 14,004 50.86 22,899 17,015 44.58 24,389 1,471 133.26 6,301
Berehove N/A N/A N/A 5,660 45.18 8,221 5,660 45.18 8,221 24,240 36.7 28,601
Kvasovo N/A N/A N/A 2,182 38.4 2,694 2,182 38.4 2,694 2,858 41.3 3,795
Muzhievo 1,961 41.35 2,607 4,339 41.35 5,768 6,300 41.35 8,375 N/A N/A N/A
TOTAL SILVER 4,972 28.37 4,097 26,185 87.9 39,582 31,157 42.38 43,679 28,569 70.42 38,697
                         
Copper Tonnes Cu In-situ Cu Tonnes Cu In-situ Cu Tonnes Cu In-situ Cu Tonnes Cu In-situ Cu
  (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)
Began N/A N/A N/A 8,498 0.079 6,734 8,498 0.079 6,734 N/A N/A N/A
TOTAL COPPER N/A N/A N/A 8,498 0.079 6,734 8,498 0.079 6,734 N/A N/A N/A
                         
Lead Tonnes Pb In-situ Pb Tonnes Pb In-situ Pb Tonnes Pb In-situ Pb Tonnes Pb In-situ Pb
  (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)
Began N/A N/A N/A 9,600 1.25 120 9,600 1.25 120 N/A N/A N/A
Berehove N/A N/A N/A 5,660 1.97 112 5,660 1.97 112 24,240 1.92 465
Kvasovo N/A N/A N/A 2,182 2.1 46 2,182 2.1 46 2,858 2.16 62
Muzhievo 1,961 1.99 39 4,339 1.99 86 6,300 1.99 125 N/A N/A N/A
TOTAL LEAD 1,961 1.99 39 21,651 1.83 364 23,742 1.83 403 27,098 2.04 527
                         
Zinc Tonnes Zn In-situ Zn Tonnes Zn In-situ Zn Tonnes Zn In-situ Zn Tonnes Zn In-situ Zn
  (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)
Began N/A N/A N/A 9,470 3.78 358 9,470 3.78 358 N/A N/A N/A
Berehove N/A N/A N/A 5,660 5.16 292 5,660 5.16 292 24,240 5.01 1,214
Kvasovo N/A N/A N/A 2,182 5.04 118 2,182 5.04 118 2,858 5.17 148
Muzhievo 1,961 6.98 137 4,339 6.98 303 6,300 6.98 440 N/A N/A N/A
TOTAL ZINC 1,961 6.98 137 21,651 5.24 1,071 23,612 5.24 1,208 27,098 5.09 1,362
                         
Barite Tonnes BaSO4 In-situ BaSO4 Tonnes BaSO4 In-situ BaSO4 Tonnes BaSO4 In-situ BaSO4 Tonnes BaSO4 In-situ BaSO4
  (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)
Began 2,830 24.44 691 4,497 24.44 1,099 7,327 24.44 1,790 N/A N/A N/A
TOTAL BARITE 2,830 24.44 691 4,497 24.44 1,099 7,327 24.44 1,790 N/A N/A N/A
                         
Cadmium Tonnes Cd In-situ Cd Tonnes Cd In-situ Cd Tonnes Cd In-situ Cd Tonnes Cd In-situ Cd
  (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000) (x1000) % tonnes (x1000)
Began N/A N/A N/A N/A N/A N/A N/A N/A N/A 357 0.42 1,500
TOTAL CADMIUM N/A N/A N/A N/A N/A N/A N/A N/A N/A 357 0.42 1,500