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DRD
DRDD
DRD - DRDGOLD - SAMREC compliant Gold, Uranium and Sulphur Resources for the
Elsburg Tailings Dam Complex
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
ISIN: ZAE000058723
Issuer code: DUSM
Nasdaq trading symbol: DROO
("DRDGOLD" or "the company")
SAMREC compliant Gold, Uranium and Sulphur Resources for the Elsburg Tailings
Dam Complex
DRDGOLD is pleased to advise it has received an Independent Competent Person`s
Report ("CPR") prepared by RSG Global Consulting Pty Ltd ("RSG") in relation to
a resource estimation statement for the Elsburg Tailings Dam Complex ("the
Elsburg Complex"). The Elsburg Complex, which forms part of the company`s 50/50
Ergo Mines Joint Venture with Mintails Limited, comprises five tailings dams
near the township of Reiger Park, Boksburg - 20 kilometers east of Johannesburg.
The information contained in this announcement is a summary of the full CPR
which is available on the company`s website.
As set out below, and in compliance with the South African Code for Reporting of
Exploration Results, Mineral Resources and Mineral Reserves ("the SAMREC Code"),
RSG has defined 171.1 million tonnes in the Measured Resource Category
containing approximately 1.7 million ounces of gold, 14.9 million pounds of U3O8
and 1.76 million metric tonnes of sulphur. RSG has also confirmed that these
resources are stated in terms consistent with definitions under the Joint Ore
Reserves Committee ("JORC") Code.
Elsburg Tailing Dams Complex
Measured Mineral Resource Statement for Elsburg Complex Gold (July 2008)
Dam Tonne (Mt) Grade (g/t) Au (Tonne)
4/L/48 66.1 0.38 25.12
4/L/49 47.4 0.29 13.75
4/L/47 and 34.2 0.26 8.89
4/L/47A
4/L/50 23.4 0.25 5.85
Total 171.1 0.30 53.61
Elsburg Tailing Dams Complex
Measured Mineral Resource Statement for Elsburg Complex Uranium (July 2008)
Metric Tonne
Dam Tonne U Grade U3O8 U U3O8
(Mt) (ppm) Grade (Tonne) (Tonne)
(ppm)
4/L/48 66.1 33 38.9 2181.3 2573.9
4/L/49 47.4 33.7 39.8 1597.4 1884.9
4/L/47 and 34.2 35 41.3 1197 1412.5
4/L/47A
4/L/50 23.4 32 37.8 748.8 883.6
Total 171.1 33.4 39.4 5724.5 6754.9
Elsburg Tailing Dams Complex
Measured Mineral Resource Statement for Elsburg Complex Uranium (July 2008)
lbs / Short Ton
Dam Ton U Grade U3O8 U U3O8
(Mt) (lbs/t) Grade (M lbs) (M lbs)
(lbs/t)
4/L/48 72.9 0.07 0.08 4.8 5.7
4/L/49 52.3 0.07 0.08 3.5 4.2
4/L/47 and 37.7 0.07 0.08 2.6 3.1
4/L/47A
4/L/50 25.8 0.06 0.08 1.7 2
Total 188.8 0.07 0.08 12.6 14.9
Elsburg Tailing Dams Complex
Measured Mineral Resource Statement for Elsburg Complex Sulphur (July 2008)
Metric Tonne
Dam Tonne (Mt) Grade (%) S (Mt)
4/L/48 66.1 1.0 0.7
4/L/49 47.4 1.1 0.5
4/L/47 and 34.2 0.9 0.3
4/L/47A
4/L/50 23.4 0.9 0.2
Total 171.1 1.01 1.76
Elsburg Tailing Dams Complex
Measured Mineral Resource Statement for Elsburg Complex Sulphur (July 2008)
lbs / Short Ton
Dam Ton (Mt) Grade (%) S (M lbs)
4/L/48 72.9 1 1515.5
4/L/49 52.3 1.1 1191.3
4/L/47 and 37.7 0.91 686.1
4/L/47A
4/L/50 25.8 0.94 484.9
Total 188.8 1.01 3877.9
The ERGO Mines Joint Venture has commissioned a feasibility study in respect of
the production of uranium and sulphuric acid and anticipates the completion of
this study prior to the end of the calendar year.
Randburg
20 August 2008
Sponsor
QuestCo Sponsors (Pty) Limited
Date: 20/08/2008 09:09:00 Produced by the JSE SENS Department.
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