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DRD
DRDD
DRDGold share trading suspension lifted on ASX and clarification of South
African Resource base
DRDGold Limited
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
ARB number 086 277 616
JSE trading symbol:DRD
ISIN code: ZAE000058723
Issuer code: DUSM
Nasdaq trading symbol:DROOY
ASX trading symbol:DRD
("DRDGOLD" or "the company")
DRDGOLD SHARE TRADING SUSPENSION LIFTED ON ASX AND CLARIFICATION OF SOUTH
AFRICAN RESOURCE BASE
1. UPLIFTMENT OF SUSPENSION ON ASX
DRDGOLD today announced that the suspension of its shares on the Australian
Stock Exchange ("the ASX") has been lifted and that trading in its shares
on the ASX will re-commence on 24 March 2006.
2. SALLIES AND ARGONAUT INFERRED RESOURCE
Further to the announcement released on SENS on 23 February 2006, which
contained information relating to the granting of the Prospecting Rights in
respect of the Sallies and part of the Argonaut lease areas in South
Africa, DRDGOLD released an announcement on the ASX setting out the
Inferred Mineral Resource estimates in relation to each of these areas as
at 20 March 2006. Such an announcement is not required by the JSE Limited,
but the details have been set out below for information purposes.
These Inferred Mineral Resources will only become available for mining on
the conversion of the Prospecting Right to a Mining Right under the Mineral
and Petroleum Resources Development Act of South Africa ("MPRDA"). As
announced on 23 February 2006, DRDGOLD was only granted a Prospecting Right
under the MPRDA. Accordingly, the Inferred Mineral Resources stated below
are currently excluded from the company"s Resource and Reserve Statements.
Inferred Mineral Tonnage Grade Estimated Tonnes
Resource Mt G/t Au ounces Au
moz
Sallies 10 7.5 2.4 75.3
Argonaut 33 8.5 9.0 276.3
Total 43 8.2 11.4 351.6
*Inferred mineral resources for the Sallies lease area are based on a cut-
off grade of 2 g/t. Inferred mineral resources for the Argonaut lease area
are based on a cut-off grade of 700cmg/t.
The information in this statement that relates to mineral resources is
based on information compiled by David Edwin James Whittaker who is a
member South African Council for Natural Scientific Professions. Mr
Whittaker is a full-time employee of the Company. Mr Whittaker has
sufficient experience which is relevant to the style of mineralisation and
type of deposit under consideration and to the activity which he is
undertaking to qualify as a competent person as defined in the 2004 edition
of the "Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves". Mr Whittaker consents to the inclusion in this
announcement of the matters based on his information in the form and
context in which it appears.
For further information, please contact:
Ilja Graulich
Investor Relations and Media
DRDGOLD Limited
+27 11 219 8717 (office)
+27 83 604 0820 (mobile)
23 March 2006
Johannesburg
Date: 23/03/2006 04:42:07 PM Produced by the JSE SENS Department
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