Mana Reserves Increase 180% Year Over Year
MONTREAL, QUEBEC -- (Marketwire) -- 02/28/11 -- SEMAFO (TSX: SMF) today announced that as at December 31, 2010, SEMAFO's proven and probable mineral reserves increased by 90% to 36,147,800 tonnes at an average grade of 2.43 g/t Au for 2,817,300 ounces compared to 1,485,900 ounces in December 2009. SEMAFO's total measured and indicated resources, including reserves, attained 6 million ounces, compared to 5 million ounces the year prior. Inferred resources increased by 108%, to 55,286,300 tonnes at 1.94 g/t Au for 3,459,400 ounces compared to 1,663,800 last year.
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