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Arrow Group Mineral Resource and Mineral Reserve Overview
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Arrow Mineral Resource and Mineral Reserve statement
Arrow Mineral Resource and Mineral Reserve per operation
Arrow Mineral Resource and Mineral Reserve depletion and growth
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  Growth Projects
  Arrow Arctic Platinum Project
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Growth Projects - Arctic Platinum Project

Growth Projects - Arctic Platinum Project

Salient features

  • Palladium, Platinum, Gold, Copper and Nickel Deposit
  • Mineral Resource 12.6 Moz
  • Option to crystallise value being assessed
  • Hydrometallurgical process test work in progress


At Gold Fields Arctic Platinum Oy, located in Finland, the JORC Mineral Resource estimates generated by Snowden Mining Industry Consultants for the Ahmavaara and Konttijarvi PGE+Au-Cu-Ni deposits and the total SK Reef package, were re-stated as of December 2004 and remain unchanged. The project Mineral Resource comprises 168.3 Mt at 2.3 g/t for 12.6 Moz of 2PGE plus gold.

A 100 % interest in the Arctic Platinum Project (APP) is currently applied. North American Palladium (NAP) did not take up their option to acquire 60% of the Arctic Platinum Project (APP) and consequently the Resource Statement remains the same as previously reported. Positive results from preliminary metallurgical tests, using a hydrometallurgical process have justified additional engineering work to perfect the cost estimates for using this process on a commercial scale. During F2010 further work will be completed to assess the economic viability of the process and a decision will be made on pilot plant testing by Q4 F2010.

Bulk sample collection (2006), APP, Finland
Bulk sample collection (2006), APP, Finland

APP Mineral Resources

  Classification Tons
  Grade   Metal       Individual Metal Grades      
  2PGE + Au   2PGE + Au   Pd   Pt   Au   Cu   Ni  
  (g/t)   ('000 oz)   (g/t)   (g/t)   (g/t)   (%)   (%)  
  Measured 38.6   2.34   2,907   1.75   0.44   0.15   0.23   0.10  
  Indicated 54.0   2.03   3,522   1.52   0.37   0.14   0.23   0.09  
  Inferred 75.7   2.54   6,173   1.93   0.50   0.10   0.15   0.07  
  Total APP 168.3   2.33   12,601   1.76   0.45   0.12   0.19   0.09