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ALROSA

January 12, 2017

ALROSA announces reserves and resources in accordance with JORC Code

Based on the results of the estimation in accordance with the JORC code conducted by Micon, an independent expert, ALROSA’s resources totalled 1,030 million carats, while its reserves amounted to 653 million carats.

The estimation perimeter of ALROSA’s assets remained unchanged in comparison with Micon’s previous report.

Resources of Verkhne-Munskoe deposit, Zaria pipe, Maiskoye kimberlite body and Botuobinskaya placer were reclassified to reserves, with the financial models of ALROSA’s respective divisions updated accordingly.

ALROSA’s JORC Reserves and Resources Report is available at ALROSA’s website in the Reserves and Resources section.

 

 

 

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