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Unformatted text preview: tal Total Gold Russia Russia 100.0% 100.0% KINROSS GOLD 2012 ANNUAL REPORT 75 Silver Inferred Mineral Resources (2,3,4,6,7,8,9,10) Kinross Gold Corporation’s Share at December 31, 2012 Kinross Inferred Interest Property North America Round Mountain Area Tonnes Grade Ounces Location (%) (kt) (g/t) (koz) USA 50.0% 158 3.1 15 158 3.1 15 124,894 22,093 2,676 1.0 10.4 51.1 4,198 7,359 4,395 149,663 3.3 15,952 155 482 12.6 213.6 63 3,310 637 164.8 3,373 150,458 4.0 19,340 Subtotal South America Cerro Casale (9) Fruta del Norte La Coipa (10) Chile Ecuador Chile 25.0% 100.0% 100.0% Subtotal Russia Dvoinoye Kupol Russia Russia 100.0% 100.0% Subtotal Total Silver Copper Inferred Mineral Resources (3,4,6,7,8,9) Kinross Gold Corporation’s Share at December 31, 2012 Kinross Inferred Interest Property South America Cerro Casale (9) Tonnes Grade Pounds Location (%) (kt) (%) (Mlb) Chile 25.0% 527 0.19 124,894 0.19 527 Total Copper 76 124,894 Subtotal 124,894 0.19 527 KINROSS GOLD 2012 ANNUAL REPORT Mineral Reserve and Mineral Resource Statement Notes 1 Unless otherwise noted, the Company’s mineral reserves are estimated using appropriate cut-off grades based on an assumed gold price of US$1,200 per ounce, a silver price of US$22.00 per ounce and a copper price of US$3.00 per pound. Mineral reserves are estimated using appropriate process recoveries, operating costs and mine plans that are unique to each property and include estimated allowances for dilution and mining recovery. Mineral reserves are reported in contained units and are estimated based on the following foreign exchange rates: Russian Rouble to US$ Chilean Peso to US$ 33 500 Brazilian Real to US$ 1.80 Mauritanian Ouguiya to US$ 2 2.10 Ghanaian Cedi to US$ 290 Unless otherwise noted, the Company’s mineral resources are estimated using appropriate cut-off grades based on a gold price of US$1,400 per ounce, a silver price of US$26.00 per ounce, a copper price of US$3.25 per pound and the following foreign exchange rates: Russian Rouble to US$ 31 Chilean Peso to US$ 485 Brazilian Real to US$ 2.00 Ghanaian Cedi to US$ 1.80 Mauritanian Ouguiya to US$ 290 3 The Company’s mineral reserves and minera...
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