Randgold Resources Annual Report 2005 65
Annual resource and reserve declaration
AT 31 DECEMBER 2005
MEASURED, INDICATED
Attribu-
AND INFERRED MINERAL
Tonnes
Tonnes
Grade
Grade
Gold
Gold
table
RESOURCES
(Mt)
(Mt)
(g/t)
(g/t
(Mozs)
(Mozs)
gold
Mine/Project
Category
2005
2004
2005
2004
2005
2004
(Moz)
MORILA
Measured
Indicated
Sub-total
Measured
and
indicated
Inferred
LOULO
Measured
Indicated
Sub-total
Measured
and
indicated
Inferred
TONGON (NIELLE)
Measured
Indicated
Sub-total
Measured
and
indicated
Inferred
TOTAL
RESOURCES
Measured
and
indicated
Inferred
PROVED AND
Attribu-
PROBABLE
Tonnes
Tonnes
Grade
Grade
Gold
Gold
table
ORE RESERVES
(Mt)
(Mt)
(g/t)
(g/t
(Mozs)
(Mozs)
gold
Mine/Project
Category
2005
2004
2005
2004
2005
2004
(Moz)
MORILA
Proved
Probable
Sub-total
Proved
and
probable
LOULO
Proved
Probable
Sub-total
Proved
and
probable
TOTAL RESERVES
Proved
and
probable
Randgold Resources reports its mineral resources and ore reserves in accordance with the JORC code. The reporting
of ore reserves is also in accordance with Industry Guide 7.
Pit optimisation is carried out at a gold price of US$425/oz; UG reserves are also based on a gold price of US$425/oz.
Dilution and ore loss are incorporated into the calculation of reserves.
Cautionary note to US investors: The United States Securities and Exchange Commission (the "SEC") permits mining
companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and
legally extract or produce. We use certain terms in this annual report, such as "resources" that the SEC guidelines strictly
prohibit us from including in our filings with the SEC.
AT 31 DECEMBER
2005
20.06
17.32
2.73
1.64
1.76
2.95
34.07
49.56
35.96
9.82
16.86
61.86
45.00
3.78
95.93
11.96
29.28
64.78
34.00
26.31
16.50
33.17
16.67
4.47
62.45
3.00
2.84
2.76
2.69
2.87
3.88
4.54
4.78
3.19
3.93
3.56
3.20
3.49
2.65
4.53
3.96
3.95
3.93
3.79
4.27
1.35
3.11
4.40
3.11
0.90
2.10
9.03
6.92
0.39
12.14
1.37
3.01
7.27
2.89
3.83
2.10
4.21
2.11
0.54
7.22
15.95
6.19
22.14
60.71
13.75
24.82
38.57
11.92
13.87
25.79
40.97
13.63
1.54
15.18
3.21
3.63
3.33
4.08
3.48
5.07
4.50
3.39
2.87
3.11
3.36
3.71
4.44
3.78
1.30
0.72
2.37
7.95
1.54
4.05
5.59
1.28
2.58
4.42
1.62
0.22
1.85
1.65
5.42
4.47
0.95
