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WHARF

 

Wharf Resources (USA) Inc. operates the Wharf open pit gold mine and heap-leach operation in the Bald Mountain Mining District of South Dakota.  The property consists of several areas of adjoining gold mineralization amenable to open pit mining.  Wharf resources holds title to the surface and mineral rights of the claims.  All of the Wharf Mine’s total proven and probable mineral reserves are on patented claims.  In 2009, gold production from the Wharf Mine amounted to 68,000 ounces of gold.  Positive exploration results have extended the mine life to approximately 2014.

 OPERATING STATISTICS   

Wharf

2007

2008

2009

Tonnes Ore Mined (000’s)

 2,906

 3,103

2,776

Tonnes Ore Processed (000's)

2,975

2,946

2,874

Total Recovery Au %

67

69

70

Total Production Au oz

57,700

60,700

67,700

Total Cash Cost US$/oz

$369

 $481

$686