What’s New

Gold Fields Releases New Resource Calculations for the Woodjam Copper-Gold Project

  Southeast Zone Copper Content Increases by 45% to 1.542 Billion Pounds. Maiden Resources for the Deerhorn and Takom Zones Add to Resource Potential

Vancouver, BC, May 15, 2013 – Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) reports that Gold Fields Horsefly Exploration Corporation (“Gold Fields”), a subsidiary of Gold Fields Limited (JSE, NYSE, NASDAQ, Dubai: GFI), has released updated NI 43-101 compliant resource calculations for the Southeast Zone as well as the Deerhorn and Takom Zones. A full report detailing the resource work will be filed on SEDAR within 45 days of this release. The resource for the Southeast Zone has expanded from 146.5 million tonnes grading 0.33% Cu to 227.5 million tonnes grading 0.31% Cu, an increase of 482 million pounds of contained copper. This is the first time that resource numbers for the Deerhorn and Takom Zones have been completed and they add significantly to the property’s potential. The Megabuck and Three Firs Zones have not yet had NI 43-101 compliant resource calculations. The properties are located approximately 45 km east of the City of Williams Lake, BC.

Southeast Zone Resource:

Category

Tonnes (Mt)

Au (g/t)

Cu (%)

Au (Koz.)

Cu (Mlb.)

Inferred

227.5

*

0.31

*

1,541.9

*Gold, Molybdenum and Silver do occur in the Southeast Zone, but were not included in the Resource calculation

Deerhorn Zone Resource:

Category

Tonnes (Mt)

Au (g/t)

Cu (%)

Au (Koz.)

Cu (Mlb.)

Inferred

32.8

0.49

0.22

516.2

158.2

Takom Deposit Resource:

Category

Tonnes (Mt)

Au (g/t)

Cu (%)

Au (Koz.)

Cu (Mlb.)

Inferred

8.3

0.26

0.22

68.2

39.7

These Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. The tonnes and grade are reported at a US$8.60/t NSR cut-off grade constrained within an optimized pit shell. The pit shell is based on a price assumption of US$1,650/oz Au and US$3.90/lb Cu. The NSR calculation uses recoveries of 85% Cu and 60% Au for the Southeast Zone and 56% Au and 64% Cu for the Deerhorn and Takom Zones. The results were estimated using GEMS® software.

The company is pleased with the significant additions made by the 2012 program. Gold Fields is continuing with a 4,000 m drilling program during 2013. Gold Fields has undertaken an option on the Megaton property, which lies adjacent to the Woodjam South property and covers an area immediately east of the Southeast Zone. The Megaton property will be included in the Woodjam South property. To earn a 100% interest in the Megaton property Gold Fields must pay the vendors $1 million in cash payments and make exploration expenditures of $2.1 million over a 6 year period, as well as reserve a 2% Net Smelter Royalty (NSR) for the vendors. The NSR may be reduced to 1% by paying the vendors $1 million. A drilling program will be completed on the Megaton property this season

Gold Fields commences 2013 exploration program at the Woodjam Copper-Gold Project.

Vancouver, BC, April 18, 2013 – Consolidated Woodjam Copper Corp. (“Woodjam Copper”) (TSX-V: WCC) is pleased to report that Gold Fields Horsefly Exploration Corporation (“Gold Fields”) a subsidiary of Gold Fields Limited (JSE, NYSE, NASDAQ, Dubai: GFI), has started the 2013 field program at the Woodjam Copper-Gold Project located in the Cariboo region of British Columbia, east of the city of Williams Lake.

In 2012 Gold Fields vested a 51% interest in both the Woodjam North and South properties and gave notice to Woodjam Copper of its decision to exercise a right to earn a further 19% interest in both these properties. To earn this additional interest Gold Fields will be required to spend $12 million and US$8 million over the next four years on the Woodjam North and Woodjam South properties respectively. These spending requirements will be reduced by the 2012 expenditures which have not yet been accounted for. In addition, Gold Fields is required to complete a comprehensive feasibility study on the Woodjam South property. Woodjam Copper will retain a 30% interest in both Woodjam North and Woodjam South.

Work completed in 2012 on the Woodjam South and Woodjam North properties included 114 diamond drill holes totaling 36,623 metres. Gold Fields continues to compile the results of this and previous work to determine how best to move forward and has indicated that this review will be available within the next two months.

The current program will consist of approximately 4,000 metres of diamond drilling within the Woodjam South project area and is expected to take approximately two months to complete.

 

February 22, 2013 – Gold Fields Media Release for Quarter and Year End 31 December 2012 – Reviewed Preliminary Condensed Consolidated Results

From Page 19

“The diamond drilling program at the Woodjam advanced drilling program in British Columbia, Canada with 12,050 metres completed on four prophyry mineralized centres was concluded. Mineral resource estimated ware in progress and decisions regarding the future exploration strategy will be made during the first half of 2013.”

January 21, 2013 – Gold Fields Releases Drilling Results from the Woodjam North Copper-Gold Property Drill Hole DH12-48 returns 255.0 m grading 1.91 g/t Gold Equivalent

Click on the title links or thumbnail images below to view enlarged maps. The final 52 drill holes (totaling 16,214.82 m) of the 2012 drilling program on the Woodjam North Property are shown below. Only 2012 intercepts shown, all previous mineralized intervals are not shown.

Deerhorn Air Mag Deerhorn IP Deerhorn Ground Mag
ThreeFirs Air Mag ThreeFirs IP ThreeFirs Ground Mag
Takom Air Mag Takom IP Takom Ground Mag

Table of all Drill Results from news release of January 21, 2012 are shown below:

Hole_ID

From (m)

To_m

Interval (m)

Au (g/t)

Cu (%)

AuEq (g/t)

CuEq (%)

 

 

 

 

 

 

 

 

DH12-42

66.79

430.99*

364.20

0.85

0.14

1.07

0.69

including

125.00

430.99

305.99

1.00

0.16

1.25

0.80

including

125.00

315.46

190.46

1.55

0.23

1.90

1.22

and

364.34

430.99

66.65

0.15

0.08

0.27

0.17

DH12-43

39.01

355.40*

316.39

0.11

0.06

0.21

0.14

including

99.97

184.23

84.26

0.17

0.11

0.35

0.22

and

234.09

267.00

32.91

0.57

0.14

0.79

0.51

DH12-44

68.88

358.14*

289.26

0.03

0.13

0.23

0.15

including

146.00

316.23

170.23

0.03

0.17

0.30

0.19

DH12-45

74.51

352.35*

277.84

0.13

0.16

0.38

0.24

including

74.51

172.30

97.79

0.29

0.28

0.72

0.46

DH12-46

44.78

263.35*

218.57

0.42

0.10

0.57

0.36

including

46.00

196.00

150.00

0.60

0.13

0.80

0.51

and

155.49

196.00

40.51

0.87

0.17

1.13

0.72

DH12-47

74.98

433.73*

358.75

0.06

0.27

0.48

0.31

including

138.00

264.00

126.00

0.10

0.24

0.48

0.31

including

138.00

176.00

38.00

0.14

0.31

0.62

0.40

and

360.00

417.00

57.00

0.06

0.88

1.44

0.92

DH12-48

41.54

330.71*

289.17

1.33

0.24

1.70

1.09

including

71.00

326.00

255.00

1.50

0.26

1.91

1.22

including

88.00

272.00

184.00

1.88

0.32

2.38

1.53

DH12-49

71.93

321.87*

249.94

0.11

0.12

0.29

0.18

including

90.00

160.00

70.00

0.26

0.23

0.61

0.39

DH12-50

62.79

273.41*

210.62

0.40

0.08

0.52

0.34

including

74.05

153.00

78.95

0.99

0.18

1.26

0.81

and

175.00

183.00

8.00

0.42

0.09

0.55

0.36

DH12-51

89.92

324.31*

234.39

0.17

0.09

0.32

0.20

including

108.00

194.00

86.00

0.43

0.22

0.76

0.49

and

122.00

163.00

41.00

0.74

0.32

1.24

0.80

DH12-52

27.13

326.75*

299.62

0.11

0.06

0.21

0.13

including

146.00

326.75

180.75

0.17

0.10

0.32

0.21

 

 

Hole_ID

From (m)

To_m

Interval (m)

Au (g/t)

Cu (%)

AuEq (g/t)

CuEq (%)

DH12-53

50.90

318.21*

267.31

0.19

0.10

0.34

0.22

including

50.90

99.00

48.10

0.63

0.23

0.98

0.63

and

243.00

296.10

53.10

0.14

0.10

0.29

0.19

and

313.53

318.21

4.68

0.31

0.13

0.52

0.33

DH12-54

47.85

401.42*

353.57

0.11

0.07

0.22

0.14

including

174.00

308.00

134.00

0.23

0.12

0.41

0.27

DH12-55

50.90

181.05*

130.15

0.14

0.11

0.31

0.20

including

77.00

153.00

76.00

0.20

0.15

0.44

0.28

including

119.00

139.70

20.70

0.44

0.25

0.82

0.53

DH12-56

47.85

162.76*

114.91

0.38

0.17

0.64

0.41

including

47.85

131.00

83.15

0.51

0.21

0.83

0.54

DH12-57

83.82

242.93*

159.11

0.15

0.05

0.24

0.15

including

83.82

130.50

46.68

0.47

0.16

0.72

0.46

including

83.82

121.00

37.18

0.54

0.19

0.83

0.53

DH12-58

42.06

174.96*

132.90

0.11

0.08

0.24

0.15

including

42.06

69.00

26.94

0.31

0.20

0.61

0.39

DH12-59

35.66

245.06*

209.40

0.14

0.11

0.32

0.20

including

119.30

204.00

84.70

0.29

0.21

0.61

0.39

including

130.00

194.00

64.00

0.34

0.23

0.70

0.45

DH12-60

35.60

178*

142.40

0.31

0.16

0.56

0.36

including

35.66

105.75

70.09

0.54

0.27

0.97

0.62

DH12-61

33.53

324.61*

291.08

0.11

0.09

0.25

0.16

including

33.53

53.84

20.31

0.20

0.11

0.37

0.24

and

131.00

214.37

83.37

0.23

0.12

0.42

0.27

including

131.00

162.00

31.00

0.24

0.15

0.48

0.31

and

174.00

214.37

40.37

0.27

0.11

0.44

0.28

DH12-62

123.77

150.00

26.23

0.26

0.07

0.38

0.24

DH12-63

68.58

147.52*

78.94

0.03

0.02

0.06

0.04

 
DH12-64

39.01

279.5*

240.49

0.05

0.09

0.19

0.12

including

39.01

97.00

57.99

0.12

0.24

0.49

0.31

DH12-65

68.58

193.24*

124.66

0.32

0.18

0.59

0.38

including

68.58

140.00

71.42

0.52

0.25

0.91

0.59

Hole_ID

From (m)

To_m

Interval (m)

Au (g/t)

Cu (%)

AuEq (g/t)

CuEq (%)

 
DH12-66

24.38

106.38*

82.00

0.01

0.01

0.03

0.02

DH12-67

17.98

212.14*

194.16

0.07

0.19

0.36

0.23

including

94.00

174.79

80.79

0.13

0.39

0.73

0.47

including

94.00

118.00

24.00

0.30

0.31

0.79

0.50

DH12-68

11.89

245.36*

233.47

0.02

0.10

0.17

0.11

including

41.00

179.00

138.00

0.03

0.14

0.25

0.16

including

115.00

179.00

64.00

0.05

0.18

0.34

0.22

DH12-69

17.98

300.84*

282.86

0.05

0.08

0.18

0.12

including

108.00

174.00

66.00

0.17

0.24

0.53

0.34

DH12-70

14.94

312.12*

297.18

0.01

0.02

0.04

0.02

 
TF12-01

110.95

406.30*

295.35

0.05

0.14

0.27

0.17

including

146.00

288.45

142.45

0.06

0.19

0.35

0.23

including

205.00

253.85

48.85

0.08

0.26

0.49

0.31

TF12-02

161.54

397.76*

236.22

0.12

0.15

0.35

0.22

including

172.33

327.00

154.67

0.17

0.19

0.46

0.29

including

172.33

249.00

76.67

0.25

0.23

0.61

0.39

TF12-03

93.26

334.06*

240.80

0.04

0.13

0.25

0.16

including

93.26

147.00

53.74

0.07

0.15

0.30

0.20

and

224.00

254.00

30.00

0.06

0.18

0.35

0.22

TF12-04

164.59

358.14*

193.55

0.09

0.13

0.30

0.19

including

180.66

207.45

26.79

0.41

0.02

0.45

0.29

and

266.00

337.00

71.00

0.03

0.18

0.31

0.20

and

348.00

358.14

10.14

0.28

0.41

0.92

0.59

TF12-05

81.08

373.38*

292.30

0.15

0.05

0.23

0.15

including

112.16

113.65

1.49

1.05

0.55

1.90

1.22

and

134.43

136.25

1.82

1.19

0.11

1.37

0.88

and

156.00

162.00

6.00

6.05

0.13

6.25

4.01

and

237.00

245.82

8.82

0.10

0.24

0.47

0.30

TF12-06

228.50

242.00

13.50

0.02

0.21

0.35

0.23

TF12-07

244.00

270.00

26.00

0.14

0.25

0.53

0.34

TF12-08

183.00

185.00

2.00

0.11

0.10

0.27

0.17

and

339.00

340.16

1.16

0.28

0.08

0.40

0.03

 

 

Hole_ID

From (m)

To_m

Interval (m)

Au (g/t)

Cu (%)

AuEq (g/t)

CuEq (%)

TF12-09

116.74

449.88*

333.14

0.14

0.08

0.26

0.17

including

174.00

178.96

4.96

5.06

0.02

5.09

3.27

and

342.24

408.00

65.76

0.15

0.24

0.53

0.34

including

344.00

357.00

13.00

0.21

0.40

0.84

0.54

and

385.00

398.17

13.17

0.42

0.20

0.73

0.47

and

427.00

439.00

12.00

0.78

0.03

0.84

0.54

TF12-10

121.00

123.00

2.00

1.25

0.64

2.25

1.44

TF12-11

119.79

385.57*

265.78

0.15

0.18

0.43

0.28

including

175.00

337.00

162.00

0.24

0.24

0.62

0.40

including

189.00

229.00

40.00

0.59

0.34

1.12

0.72

TF12-12

107.90

418.80*

310.90

0.05

0.07

0.16

0.10

including

169.00

187.00

18.00

0.08

0.19

0.38

0.24

including

232.77

248.00

15.23

0.22

0.02

0.25

0.16

including

303.52

328.00

24.48

0.03

0.16

0.27

0.17

including

361.00

363.00

2.00

2.87

0.13

3.07

1.97

TF12-13

110.30

389.23*

278.93

0.08

0.14

0.30

0.19

including

134.00

290.00

156.00

0.13

0.17

0.40

0.26

including

134.00

165.81

31.81

0.53

0.02

0.56

0.36

and

169.00

278.40

109.40

0.04

0.23

0.39

0.25

TF12-14

144.17

364.24*

220.07

0.06

0.14

0.28

0.18

including

163.84

289.16

125.32

0.09

0.19

0.39

0.25

including

163.84

202.00

38.16

0.17

0.18

0.45

0.29

TF12-15

113.39

394.72*

281.33

0.06

0.09

0.20

0.13

including

147.00

150.00

3.00

0.88

0.01

0.89

0.57

and

157.42

197.00

39.58

0.05

0.18

0.32

0.21

and

212.00

214.00

2.00

1.60

0.07

1.70

1.09

and

252.00

267.00

15.00

0.18

0.16

0.44

0.28

and

330.00

357.63

27.63

0.10

0.17

0.36

0.23

and

298.00

357.63

59.63

0.08

0.15

0.31

0.20

TF12-16

95.71

446.84*

351.13

0.03

0.08

0.16

0.10

including

186.42

260.00

73.58

0.09

0.15

0.32

0.21

including

186.42

198.00

11.58

0.34

0.23

0.69

0.45

and

401.00

443.00

42.00

0.04

0.14

0.27

0.17

TF12-17

122.85

275.00

152.15

0.03

0.17

0.29

0.19

including

156.00

239.00

83.00

0.04

0.21

0.36

0.23

Hole_ID

From (m)

To_m

Interval (m)

Au (g/t)

Cu (%)

AuEq (g/t)

CuEq (%)

TF12-18

121.31

355.09*

233.78

0.02

0.14

0.24

0.16

including

156.00

239.00

83.00

0.04

0.21

0.36

0.23

 
TK12-31

32.92

302.97*

270.05

0.01

0.03

0.06

0.04

 
TK12-32

243.00

314.00

71.00

0.03

0.11

0.19

0.12

TK12-33

21.44

28.00

6.56

0.07

0.19

0.37

0.24

TK12-34

9.14

230.43*

221.29

0.23

0.20

0.54

0.34

including

9.14

168.00

158.86

0.32

0.26

0.72

0.46

and

80.21

113.00

32.79

0.61

0.35

1.16

0.74

and

123.00

158.00

35.00

0.45

0.40

1.07

0.69

TK12-35

6.10

227.38*

221.28

0.05

0.12

0.23

0.15

including

8.00

83.00

75.00

0.11

0.24

0.48

0.31

including

8.00

41.00

33.00

0.18

0.33

0.69

0.44

including

155.00

175.22

20.22

0.02

0.12

0.21

0.14