CAM & MOTOR Mine

Location: Kadoma, Zimbabwe

The Cam and Motor Gold Mine is the second project in RioGold’s operations. The mine is located in the Kadoma area of Mashonaland West, Zimbabwe with site covers an area totaling 1, 151 hectares.

CATEGORY

PARAMETER

MOTOR

CAM

PETROL

TOTAL

MEASURED

Tonnes

2,963,200

1,005,400

961,700

4,930,300

Grade Au (g/t)

5.0

3.9

4.5

4.7

Au (kg)

14,960

3,950

4,290

23,200

Ounces

481,000

126,990

137,900

745,890

INDICATED

Tonnes

332,800

481,900

244,700

1,059,400

Grade Au (g/t)

3.0

3.5

3.4

3.3

Au (kg)

1,000

1,670

820

3,490

Ounces

32,070

53,550

26,490

112,110

INFERRED

Tonnes

90,300

209,500

87,800

387,600

Grade Au (g/t)

2.1

3.6

1.7

2.8

Au (kg)

190

760

140

1,090

Ounces

6,170

24,460

4,700

35,330

TOTALS

Tonnes

3,386,300

1,696,800

1,294,200

6,377,300

Grade Au (g/t)

4.8

3.8

4.1

4.4

Au (kg)

16,150

6,380

5,250

27,780

Ounces

519,240

205,000

169,090

893,330

Background:

The Cam and Motor Mine is situated 130km south west of Harare, 10km to the east of Kadoma, at Eiffel Flats on the site of the former Cam and Motor Mine. The mine was once the largest producer of gold in Zimbabwe and produced in excess of 150 tonnes of gold in its entire life. Three main ore bodies were mined by the Cam and Motor Gold Mining Company, the previous owners of the mine. These were the Motor Lode, Cam Lode and Petrol Lode. In 1968, the mine was closed with the gold price at US$35 per ounce and the mine operating at depths of 1,800 metres when operations were no longer viable. At that stage, the mine cut- off grade was 8 grams/tonne and so it was considered likely that there could be significant resources adjacent to the old workings that would now be economic to mine. RioZim commissioned an exploration program to search for the expected lower grade zones surrounding the mined ore bodies.

Status:

  • So far 65 drill holes totaling 7,000m over two phases have been drilled.
  • Phase One drilling program: Total of 2,775 m was drilled between February 2009 and July 2009, focusing on the Motor Section. From this drilling, a resource totaling 1,290,744 tonnes at a grade of 4.26 grams/tonne gold with 171,543 contained ounces has been determined.
  • Phase Two drilling program: undertaken on the Cam Lode in which 16 holes totaling 1,767 meters were drilled. By the end of March 2010, the resource indication was approximately 3,500,000 open pittable tonnes at a grade of 4.5 grams/tonne yielding 500,000 ounces delineated to a depth of 100 metres on the Motor, Cam and Petrol ore bodies. A deep drilling programme was commenced in April 2010 to determine resources between the 100 and 400 metre depth.
  • The new Cam & Motor facility will be opened in August 2014 with a projected production of 4,000 ounces per month