2022

DEPOSIT MODELING AND

RESERVE ESTIMATION BY SURPAC

BHATKOTRI LIMESTONE MINE

WONDER CEMENT LIMITED
NIMBAHERA

This document should be treated as confidential and must not be reproduced, copied, loaned, or disposed directly or indirectly
nor be used for any purpose other than that for which it is specifically furnished without the prior written consent of Wonder
Cement Limited
Contents
List Of Tables ........................................................................................................................ 2
List of Figures........................................................................................................................ 3
1.0 Introduction ................................................................................................................... 4
1.1 Particulars of Mining Lease & Exploration ............................................................... 5
2.0 Location and Geology ................................................................................................. 7
2.1 Regional Geology ..................................................................................................... 7
2.2 Local Geological....................................................................................................... 9
3.0 Resource Modelling .................................................................................................... 11
3.1 Geological Database ............................................................................................. 11
3.2 Statistics .................................................................................................................... 13
3.3 Histogram ................................................................................................................. 14
3.4 Correlation Study..................................................................................................... 17
3.4 Mineralisation........................................................................................................... 20
3.5 Wireframe Models ................................................................................................... 22
3.6 Method of Resource Estimation ............................................................................. 22
3.7 Inverse Square Distance ......................................................................................... 23
3.6 Block Modelling ....................................................................................................... 23
3.7 Block Model Verifications ....................................................................................... 25
3.8 Block Estimation ....................................................................................................... 25
4.0 Mineral Resources ....................................................................................................... 28
5.0 Mineable Reserve ....................................................................................................... 39
5.1 Mining Constraints ................................................................................................... 39
5.2 Reserve Block Due to Mining Constraints .............................................................. 40
5.3 Ultimate Pit Design .................................................................................................. 41
5.4 Mineable Reserve as on 01.04.2022 ....................................................................... 49
6.0 Annexures .................................................................................................................... 52
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List Of Tables
Table 1 Summary of Exploration Drilling ............................................................................ 6
Table 2 Regional stratigraphy succession ......................................................................... 9
Table 3 Local stratigraphy succession .............................................................................. 9
Table 4 Summery of Database ........................................................................................ 12
Table 5 Database Extends ............................................................................................... 13
Table 6 Database Normal Statistics................................................................................. 14
Table 7 Report of Solid Model.......................................................................................... 22
Table 8 Block Model Summary ........................................................................................ 24
Table 9 Llitho-unit and category wise average quality ................................................. 28
Table 10 Geological Resource ........................................................................................ 28
Table 11 Geological Resource by category (CaO) ...................................................... 29
Table 12 Geological Resource by category (SiO2) ....................................................... 29
Table 13 Bench Wise Waste ............................................................................................. 30
Table 14 Bench Wise Geological Resource-Sub Grade ................................................ 31
Table 15 Bench Wise Geological Resource (CaO 38% Plus) ......................................... 32
Table 16 Bench Wise Geological Resource .................................................................... 33
Table 17 Reserve Block Due to Mining Constraints ........................................................ 40
Table 18 Mineable Reserve .............................................................................................. 41
Table 19 Mineable Reserve by category (CaO) ............................................................ 42
Table 20 Mineable Reserve by category (SiO2)............................................................. 42
Table 21 Bench Wise Waste ............................................................................................. 43
Table 22 Bench Wise Mineable Reserve-Sub Grade ..................................................... 44
Table 23 Bench Wise Mineable Reserve- CaO 38% Plus ................................................ 45
Table 24 Bench Wise Mineable Reserve ......................................................................... 49
Table 25 Mineable Reserve as on 01.04.2022 ................................................................. 49
Table 26 Bench Wise Mineable Reserve (Sub Grade) as on 01.04.2022 ...................... 50
Table 27 Bench Wise Mineable Reserve (CaO 38% Plus) as on 01.04.2022.................. 51

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List of Figures
Figure 1Bore Hole Location Plan...................................................................................... 12
Figure 2Histogram CaO (Raw) ......................................................................................... 14
Figure 3 Histogram Al2O3 (Raw) ...................................................................................... 15
Figure 4 Histogram SiO2 (Raw)......................................................................................... 15
Figure 5 Histogram Fe2O3 (Raw) ..................................................................................... 16
Figure 6 Histogram MgO (Raw) ....................................................................................... 16
Figure 7 Scatter Plot between CaO & SiO2 .................................................................... 17
Figure 8 Scatter Plot between CaO & Al2O3 ................................................................ 17
Figure 9 Scatter Plot between CaO & Fe2O3 ............................................................... 17
Figure 10 Scatter Plot between CaO & MgO ................................................................ 18
Figure 11 Scatter Plot between SiO2 & Al2O3 ................................................................ 18
Figure 12 Scatter Plot between SiO2 & Fe2O3 .............................................................. 18
Figure 13 Scatter Plot between SiO2 & MgO................................................................. 19
Figure 14 Scatter Plot between Al2O3 Vs Fe2O3 .......................................................... 19
Figure 15 Scatter Plot between Al2O3 & MgO .............................................................. 19
Figure 16 Scatter Plot between Fe2O3 & MgO ............................................................. 20
Figure 17 Section Plotting with Litho unit ......................................................................... 20
Figure 18 View of Sections with Lease Boundary ........................................................... 21
Figure 19 View of Limestone Ore Body ........................................................................... 22
Figure 20 View of Block Model within Lease Boundary ................................................. 24
Figure 21 Criteria for Reserve Estimation ......................................................................... 26
Figure 22 View of Block Model with Legends ................................................................. 26
Figure 23 View of Block Model with Attributes ............................................................... 27
Figure 24 View of Block Model with Legends of SiO2 .................................................... 27
Figure 25 View of Block Model with Legends of CaO ................................................... 27
Figure 26 Ultimate Pit Design ............................................................................................ 41

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1.0 Introduction

Dassault Systèmes GEOVIA is a set of geologic modelling and mining engineering

software applications developed by the French engineering software company
Dassault Systèmes. Formerly known as Gemcom, the company was founded in 1985.

GEOVIA Surpac™ is the most popular geology and mine planning software,
supporting open pit and underground operations and exploration projects in more
than 120 countries. The software delivers efficiency and accuracy through ease-of-
use, powerful 3D graphics and workflow automation that can be aligned to
company-specific processes and data flows.

Surpac addresses all the requirements of geologists, surveyors, and mining engineers
in the resource sector and is flexible enough to be suitable for every commodity,
orebody and mining method. Its multilingual capabilities allow global companies to
support a common solution across their operations.

Wonder Cement Ltd procure the GEOVIA Surpac and MineSched software for mine
planning, scheduling, and process improvements, it will reap direct and indirect cost
savings, and become more productive, predictable, and profitable. By combining
geospatial and digital terrain data, we can accelerate the development of
economically optimal mine plans using mine plan optioneering to maximize mining
operations.

We have a network licence and single sentinel no. 33802 is installed at our IT server (it-
camserver.rkgroup.local:1234) for the both software. Training of the software to the
WCL users done in two phases as per work order condition. After training the WCL
team work on the actual data of Bhatkotri Limestone Mine and prepare a technical
report on the same as per below workflow.

This report has been generated on completion of the work of Resource Modelling and
Reserve Estimations including data compilation, geological modelling, drillhole
verifications and reserves estimation.

The extent of limestone deposit has been considered up to the lease boundary and
up to the depth of core drilling. The limestone body has been delineated considering
a cut-off-grade of CaO>34%. Although thorough validation has been carried out on
the all samples to remove any abnormal values and duplicates.

The raw data is in the form of spread sheets, surface contours and other information
regarding lease area and mineralized zone in the form of CAD file. The raw data were
validated and converted into the SURPAC database.

Statistical and geostatistical analysis was carried out on the data. Variograms were
drawn at every 15 degrees to find out the continuity in various directions. Down the
hole variograms were also drawn for all four radicals to know the grade continuity in
depth. Variogram model fitting was carried out to work out the vario-graphic
parameters. Cross validation has been undertaken to verify the robustness of the
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modelled variograms.
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The grade estimation was carried out using Inverse Distance method. Samples were
selected within interpreted orebody wireframe for block grade estimation. The
resultant block models were validated through visual checks and sectional validation
slices of the model and the drillhole statistics. Model has been validated to a
reasonable level of confidence.

1.1 Particulars of Mining Lease & Exploration

Bhatkotri limestone mine have an area of 740.93 ha. near villages Bhatkotari, Phalwa,
Lasravan and Rasulpur in Tehsil Nimbahera, District Chittorgarh, Rajasthan, to feed its
cement plant. The mine is fully mechanised opencast mine operated with Heavy Earth
Moving Machinery (HEMM).

There is no National park/ Sanctuary within 10 KM of lease area. The lessee is having
consent from state pollution control board.

DMG carried out field investigation/exploration during 2004-07, by way of Regional

Geological mapping of 5 sq. km, detailed geological mapping of 3.27 sq. km,
Exploration drilling 875m spread over 17 bore holes (BKH 1 to 17) and Identified 3.00
sq. km area of cement grade limestone. All holes were vertical and drilled upto 50 m
depth except BKH - 4 drilled upto 75 m. DMG estimated 276 mt. Cement grade
limestone with CaO 44.44% & SiO2 14.48%.

Based on the exploration carried out by DMG the Mining Plan was prepared for
3.75million tonnes per annum limestone production which was approved vide IBM
letter dated 25.10.2007. In compliance to the grant letter (23.08.2008) company has
installed a cement plant of 2.5 million tonnes per annum capacity (March ’12) and
obtained the requisite statutory clearances.

Later on WCL drilled 17 drill holes (WCH series) during 2010 in the form of infill drilling to
confirm the DMG data base & evaluation. On completion, 34 Bore holes (BKH and
WCH series are 17 and 17 respectively) out of these holes two holes (2 BKH) located
outside near lease boundary and these holes were drilled by DMG before grant of
mining lease, influence of these holes were consider for reserve estimation. CAE
Mining (DATAMINE) (who has earlier done the modelling using DMG drill hole data)
was asked to do the re-modelling using 34 bore hole data. The mineable reserves
estimated were 318 million tonnes. at CaO 43.47% and SiO2 16.20%.

Cement being a low value commodity is economically viable only when it is

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produced in bulk. To sustain the market pressure as well as to bridge the gap between
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demand and supply it becomes necessary for the cement companies to expand from

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time to time based on the availability of raw material resources mainly cement grade
limestone. WCL has plans to expand the existing cement plant in Phases. This required
exploration of the entire lease hold area to know the resources available to take
decisions for the future expansion in a phased manner.

WCL Explored entire area by drilling 92 bore holes with 6767.96 mtrs. drilling during
2011-12 to establish the lateral extension and depth continuity of limestone (as the
DMG drilling was confined to 50m depth). 8 nos bore holes with 400 mtrs. Drilling was
drilled in year 2015-16; all holes were barren in Shale. It was found out that out of 740.93
Ha ML area the cement grade limestone bearing area is 365 Ha. and out of this 337.03
Ha. is under G1 and 27.93 Ha. is under G2 level exploration rest is covered by Shale or
waste rock. 92 drill holes were drilled by WCL to explore entire lease area and evaluate
the resources to take financial decisions for the expansion in the phased manner. 8
holes (400 Mtr) were drilled in barren area in year 2015-16 to explore the possibility of
limestone but result shows the area covered by shale.

The whole area is explored by core drilling in which some holes drilled up to 330 mRL
and some are above it, therefore for the confirmation of the depth of limestone,
further exploration was carried out in the FY 2020-21 & 2021-22.

The summary of exploration drilling is:

S. No. Agency Meterage No. of Holes Bore Hole Number

1 DMG 875.00 17 BKH-1 to 17
WCH 1 to 63
WCH 65 to 84
2 WCL 6767.96 92 WCH 84A
WCH 85 to 87*
WCH 90 to 94
3 WCL 400.00 8 WCH 95-102
4 WCL 6462.00 70 WCL 01-70
Total 14505 187
Table 1 Summary of Exploration Drilling

* Bore hole no. WCH-87 drilled but in whole length shows shale only, so this bore hole’s
samples not analysed.
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2.0 Location and Geology
2.1 Regional Geology
The District comprises of rocks of Bhilwara Supergroup Vindyan Supergroup and
Deccan Traps The rock formations of Eastern Rajasthan and also Mandasaur district
of Madhya Pradesh were studied by Dr. A. M. Heron in (1917-36). He classified the
limestone formations of this area under Nimbahera Limestone belt which is equivalent
to the Semri series (which is now called as Khorip group) of Lower Vindhyan of
Vindhyan Supergroup.

The name Vindhyan has been derived from the Vindhyan Mountains in Central India.
The Calc–Argillaceous member of Khorip group which were deposited in the unstable
shelf are further divided into Khori Malan Conglomerate at the base, grading in
upward succession into Jiran Sandstone, Bari Shale, Nimbahera Limestone and Suket
Shale with Limestone. Later, it was revised by Balmiki Prasad (1984). Based on this the
generalised stratigraphy succession of the Lower Vindhyan in the Chittorgarh –
Jhalawar area are given in table below:

Age Super Group Group Lithology

Quartenary Cretaceous Deccan Traps Alluvium

to Eocene
Laterite

Basalt

Middle to Vindhyan Bhandar Group Lower Bhandar

Upper Super Group
(Bundi Hill) Sandstone
Proterozoic
Lower Shale

Middle Sandstone

Upper Shale

Samria shale with

Dolomitic Limestone

Lower Bhandar (Lakheri)

Limestone

Ganurgarh Shale

Rewa Group Upper Rewa (Govindgarh)

Sandstone with shale

Jahri Shale with Limestone

Lower Rewa (Indergarh)

Sandstone

Panna Shale with

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Limestone
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 Kaimur Group Kaimur (Chittorgarh)
Sandstone

Khorip Group Suket Shale / Jhalrapatan

Shale

Nimbahera limestone

Nimbahera Purple
limestone

Bari (Nimbahera) Shale,

Sandstone

Jiran Sandstone (Khori

Malan Conglomeratic
Sandstone & Boulder bed
at the base)

Larsawan Group Binota Shale

Kalmia Sandstone

Sand Group Palri Shale and

Porcellanite

Sava sandstone, Grit

Satola Group Bhagwanpura Limestone

Khardeola Sandstone &

grit, Shale

Khairmalia Andesite

Archaean to Bhilwara Ranthanbhor Barisadri Quartzite, Shale,

Lower Group Phyllite
Proterozoic

Rajpura-Dariba / Quartzite,
Pur-Banera Group
Dolomite marble,

Graphitic mica schist/

Quartzite

Conglomerate

Calc-gneiss impure
marble

Mica Schist
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 Intrusive Dolerite sill and Dyke,

Amphibolites,

Berach Granite,

Undifferentiated granite,

Serpentine

Hindoli Group Shale, Shale, Phyllite

Dolomite

Tuff with Carbonate band

Metasubgreywacke with
thin volcanic band

Mangalwar Biotite schist,

Complex
Quartzite,

Dolomite

Migmatite, Granite gneiss,

feldspathissed mica schist

Mica Schist

Fuchist quartzite

Dolomite Marble
Table 2 Regional stratigraphy succession

2.2 Local Geological

Stratigraphic Succession of the Area (Source Pareek 1981 & 1984)

Era Super group Group Formation

Khorip Nimbahera
limestone

Bari shale
Proterozoic Lower Vindhayan
Lasrawan Binota shale

Sand Palri shale

Satola Bhagwanpura
limestone

Bhilwara Hindoli Bhadesar

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Table 3 Local stratigraphy succession

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Description of the rock’s units: Nimbahera Limestone

Nimbahera limestone deposit is falls in the category of Bedded Stratiform and Tabular
deposit of Regular habit.

It is named from the town of Nimbahera in Chittorgarh district. It conformably overlies

the Bari shale and has gradational contact at places. It is repeated with the Bari shale
due to folding. This is exposed intermittently for about 3.5 km length in N-S direction
with 50 to 200 easterly dips.

It is fined grained, massive, hard compact, regularly jointed, slabby and occurs as thin
to thick beds varying in thickness from 10 cm to over a meter. The limestone is pale,
light to dark grey, greenish grey, pinkish and reddish brown in colour with grey green
and red shale partings. It breaks with smooth surface. The lower brownish limestone
generally grades into Bari shale through calcareous shale. The limestone is suitable for
cement manufacturing purpose.

Bhatkotari Limestone deposit forms a part of the Nimbahera Limestone Belt and
belongs to Semri Series of Lower Vindhyan age. The sequence of formation exposed
in the Bhatkotari area is as follows:

Grey Limestone

Dark Grey Limestone

Greenish Grey Limestone

Pink Limestone

Reddish Brownish Limestone

Grey Shale

Red Shale

Black Shale

Greenish Grey Shale

In the area, the formations are gently folded to form a Syncline and Anticline. An
Anticline is observed in the western part of the lease area along lease boundary.

The general strike of the limestone bands in this area is N 8˚ E – S 8˚ W and sharp
changes in the strike direction are observed in places. The dips of the bands generally
vary from 5 to 10 degree, sometimes exceedingly more than 15 degrees. However, at
places the beds are horizontal. The outcrops of the different limestone are seen mainly
in the Govt. wastelands, while the private lands are devoid of outcrops due to
capping of overburden soil or standing crops at the time of this investigation.

The thickness of soil cover varies from less than a meter to as much as 2 m. However,
the data from the examination of the open wells in the area under investigation the
deposit have aided in the study of the different limestone bands. The delineation of
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the different limestone bands is based predominantly on their colour. The quality of
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the different limestone bands has also to some extent aided in the recognition and
demarcation of the different limestone bands.

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3.0 Resource Modelling

3.1 Geological Database

Surpac uses a relational database model and supports several different types
including oracle, paradox, and Microsoft access. A database can contain up to 50
tables and each table can have a max of 60 fields. A table is created to group like
data to store info taken over an interval down the hole or at a particular point down
the hole.

Three tables are mandatory to the database structure and maintain the data integrity

• Collar table
• Survey table
• Translation table

COLLAR TABLE

This describes the location of the drill hole collar, the maximum depth of the hole and
whether a linear or curved hole trace is to be calculated when retrieving the hole.
The field hole_path relates to the algorithm that is used when drill holes are extracted.

SURVEY TABLE

Drill hole survey information used to calculate the drill hole coordinates. Mandatory
fields include downhole depth at which the survey was taken, the dip and the azimuth
of the hole. y, x and z fields are used to store the calculated coordinates of each
survey.

TRANSLATION TABLE

This table is used for storing character codes. These codes may have a numerical
equivalent value if they are to be applied to a numeric field or may be used to
validate input into a character field. The translation table is used to assist in the
translation from some real type of representation for data to some user defined
character equivalent.

OPTIONAL TABLES

Geology and Sample tables are defined within the optional tables as an interval table
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type. The information is taken over a specified interval down the hole or at a precise
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point. The interval tables require the depth at the start of the interval and the depth
at the end of the interval, called the depth_from and depth_to fields respectively.

The samp_id field is a special mandatory field in an interval type table as it may or
may not be a key field. If it is not a key field then you do not have to store sample
numbers. You may choose, however, when you create a database to make this field
a key field. It can be used later for loading data that is identified only by the sample_id
field and the sample value(s) to be loaded.

For our project we have collar & survey data as mandatory, for optional table we
have Assay & Litho file. The spreadsheets have been validated via a secondary
manual check that identified and rectified any initial mistakes. Absent data has been
left as blank cells in the input database. During this process of verification of the input
data, a second check for errors such as overlaps, gaps, missing records and abnormal
values is undertaken. All the errors were removed from the final holes file. Database
summary is as below:

Table Name Data Type Table Type Records

assay interval time-independent 12353
collar 190
geology interval time-independent 1034
styles 30
survey 190
translation 0
Table 4 Summery of Database

Drill hole collar coordinates were plotted in SURPAC and validated by plotting in plan
and section to ensure coordinates have been accurately entered.

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Figure 1Bore Hole Location Plan

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The assay values have also been examined for any erroneous high or low values that
may require verification. Any unusual outliers are identified and the same were cross
checked with project personnel and corrected wherever necessary. A report on
Database extents produces a summary of the minimum and maximum north, east,
elevation and depth for all the holes in the collar table of your database plus the
number of holes and total length drilled are as below:

Database: bhatkotri_2022
Number of drillholes :190 Total length drilled :14558.56

Hole Id Northing Easting Elevation Depth

MIN. NORTHING BKH-12 2726474 460403.3 451 50
MAX. NORTHING WCH-64 2728927 459598.2 443.5 34.15
MIN. EASTING WCH-91 2727728 458427.8 443 30.4
MAX. EASTING WCH-28 2728153 462242.5 441 40
MIN. ELEVATION WCL-33 2727880 461146 414 70
MAX. ELEVATION WCH-89 2727395 459351.8 452 0
MIN. DEPTH WCH-88 2727824 459363 450 0
MAX. DEPTH WCH-48 2728176 460013.9 446.5 184
Table 5 Database Extends

3.2 Statistics
Normal Statistics can calculate basic statistics of the data which are stored in numeric
fields in tables in the database. Statistics can be calculated for both untransformed
data and for log transformed data (logarithms taken to base e). The statistics are:

Database: bhatkotri_2022
Table: assay
Parameter Cao Sio2 Al2o3 Fe2o3 Mgo
Normal Statistics
Number of samples 12212 12212 12212 12212 5718
Minimum 3.64 1.07 0.06 0.06 0.15
Maximum 54.09 71.23 24.45 24.06 7.4
Mean 39.416 20.353 3.35 1.517 0.884
Variance 83.41 114.15 14.606 2.844 0.081
Standard deviation 9.132 10.684 3.821 1.686 0.284
Skewness -1.933 1.816 2.865 3.076 4.413
Kurtosis 6.483 6.51 11.098 14.47 61.124
Coefficient of variation 0.231 0.524 1.14 1.111 0.321
Log normal statistics
Number of samples 12212 12212 12212 12212 5718
Mean 3.626 2.903 0.097
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0.847 -0.158
Variance 0.129 0.207 0.601 0.492 0.063
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Standard deviation 0.359 0.454 0.775 0.701 0.25

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 Skewness -2.935 0.383 0.7 1.169 1.413
Kurtosis 11.733 3.43 4.012 4.36 6.823
Coefficient of variation 0.099 0.156 0.914 7.226 -1.582
Table 6 Database Normal Statistics

The logarithmic statistics which are displayed are the same as those for the normal
statistics with the exception that the data are first transformed by taking logarithms to
base e (natural logarithms). Note that samples whose value is less than or equal to
zero are disregarded from the logarithmic calculations and so it is possible to get
different populations for the normal and lognormal statistics.

3.3 Histogram

Histograms have been constructed for all the radicals to know their distribution pattern
which helps in identifying presence of outliers and removing them for better
estimations. It can be inferred from the distribution of CaO, SiO2, Fe2O3, Al2O3 and
MgO that these show near normal distributions with CaO showing a negative
skewness whereas other three show a positive skewness.

Figure 2Histogram CaO (Raw)

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Figure 3 Histogram Al2O3 (Raw)

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Figure 4 Histogram SiO2 (Raw)

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Figure 5 Histogram Fe2O3 (Raw)

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Figure 6 Histogram MgO (Raw)

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3.4 Correlation Study
To see the interdependence of one radical over another, correlation study has been
carried out. The correlation study shows that CaO values has negative correlations
with all radicals which means a tendency for large values of CaO to be associated
with small values of other radicals and vice versa.

Figure 7 Scatter Plot between CaO & SiO2

Figure 8 Scatter Plot between CaO & Al2O3

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Figure 9 Scatter Plot between CaO & Fe2O3

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Figure 10 Scatter Plot between CaO & MgO

Figure 11 Scatter Plot between SiO2 & Al2O3

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Figure 12 Scatter Plot between SiO2 & Fe2O3

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Figure 13 Scatter Plot between SiO2 & MgO

Figure 14 Scatter Plot between Al2O3 Vs Fe2O3

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Figure 15 Scatter Plot between Al2O3 & MgO

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Figure 16 Scatter Plot between Fe2O3 & MgO

From the correlation matrix, it can be inferred that although SiO2 has positive
correlation with Fe2O3 and Al2O3. Scatter plots have also been created to see the
interdependence of these radicals on one another.

3.4 Mineralisation
The deposit is almost horizontally dipping except having local dips ranging between
5 to 12 degrees. The drill holes are spaced 150 to 200m apart. Therefore, transverse
sections are created within SURPAC using a series of sectional strings at regular
interval. The sections are oriented across the strike direction. The sectional
interpretation is confined to the mineralized.

The ore body has been delineated using a cut-off-grade of 34% CaO. The shale
partings, sludge and soil at the top have been separately delineated to exclude from
the main mineralisation of limestone. Figure shows the section created within the
geological contact of the limestone and topsoil.

Figure 17 Section Plotting with Litho unit

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 21Page

Figure 18 View of Sections with Lease Boundary

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3.5 Wireframe Models
The orebody sectional interpretation strings have been linked to create a wireframe
of the orebody. For optimal linking between strings different stitch algorithm have
been used to achieve the required shape and avoid crossovers. The wireframes have
been closed and the orebody wireframe has been verified within SURPAC to check
overlapping, duplicate, or open edges. Figure shows the orebody within the
geological contact.

SOLID MODELLING OBJECT REPORT

Layer Name: 1
Object 1
Trisolation 1
Validated TRUE
Status solid
X min 459388
X max 462386.8
Y min 2726690
Y max 2728941
Z min 274.421
Z max 449.347
Surface area 15608817
Volume 281940714.2
Table 7 Report of Solid Model

Figure 19 View of Limestone Ore Body

A density of 2.5 has been considered for limestone and a density of 1.8 has been
assumed for soil.

3.6 Method of Resource Estimation

There are various methods of resource estimation and selection of appropriate
method depends on the geometry of the deposit, the variability of the grade
distribution, complexity of the deposit and intensity of the exploration carried out over
the area. The resources and reserves of limestone of ML area(s) have been estimated
22

as per Minerals (Evidence of Mineral Contents) Rules 2015 utilizing Computer Aided
Page

Deposit Evaluation technique by construction of geological cross sections, geological

model and block model using well tested and universally accepted SURPAC Geology

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
and Mining software. In view of category of exploration and availability of data for
the ML area(s), resource and reserve were estimated by Inverse Square Distance (ISD)
method.

3.7 Inverse Square Distance

The Inverse Distance Square (IDS) method of estimation has been employed for
estimation of block cells. In this method of estimation, the weight assigned to the
neighbouring sample based on the square of the distance of known sample. The
estimation is based on the inverse of the square of the distance from known
surrounding sample. ID estimate the weight of individual sample is proportional to an
inverse power of distance from the location of the estimate to the sample. The
expression for Inverse Square Distance is given by:

Where 'G* is the estimated value of the block, 'di is the distance of each sample from
the centre of the block, 'k' is the additive constant which is ≥ 0 and 'gi' are the sample
values at locations 'di'.

Based on the geometrical parameters as outlined so far, estimation for radicals viz.,
SiO2, Al2O3, Fe2O3, CaO, and MgO. corresponding to each litho unit was done using
above ISD technique.

A value interpolated for any spatial point is determined by applying a weighting

factor based on distance between the spatial point and surrounding sample data.
Selection of sample points to include in the calculation may be determined by
minimum and or maximum distance.

3.6 Block Modelling

For estimation of quality and quantity, Deposit block model has been created for
composite ML area. For computation of the block model, the ML area is subdivided
into large number of small blocks. The block size selection depends on the spacing of
drilling grid and as per established norm; it is one-third to one-fourth of it. Considering
the workable mining area and variable mining benches, which shall follow individual
litho-unit, block size of 25 m x 25 m x 10 m is selected. Keeping in view of variable
thickness of various zones and to precisely estimate the quantity and quality for each
zone, sub-blocking has also been performed with minimum sub-block size of 6.25 m x
6.25 m x 1.25 m. The blocks are orthogonal and have not been rotated.
23
Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
 Figure 20 View of Block Model within Lease Boundary

Block Model Summary

Block model: bkt2022.mdl
Bhatkotri limestone mine exploration included 2022

Type Y X Z
Minimum Coordinates 2726500 458220 250
Maximum Coordinates 2729000 462520 460
User Block Size 25 25 10
Min. Block Size 12.5 12.5 5
Rotation 0 0 0
Total Blocks 392945
Storage Efficiency % 86.4
Attribute Name Type Decimals Background Description
al2o3 Real 2 -1 Aluminium oxide
cao Real 2 -1 Calcium oxide
fe2o3 Real 2 -1 Iron oxide
mgo Real 2 -1 Magnesium oxide
pp Float 2 0 Partial Percentage
rcode Character - -1 Rock Type
rockcode_ibm Character - 0 as per ibm guideline
sg Float 2 0 Specific Gravity
sio2 Real 2 -1 Silicon dioxide
Table 8 Block Model Summary

Records in the Block Model are related to blocks. These are cuboid partitions of the
24

modelled space and are created dynamically according to the operations

performed on the Block Model. Each block contains attributes for each of the
Page

properties to be modelled. The properties or attributes may contain numeric or

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
character string values. Every block is defined by its geometric centroid and its
dimensions in each axis.

All Block Model functions performed with constraints. A constraint is a logical

combination of one or more spatial objects on selected blocks. Objects that may be
used in constraints are plane surfaces, DTM’s, Solids, closed strings and block attribute
values.

Prior to estimation of block quantity, each block has been estimated based on the
DTM of topography of the composite ML. The DTM of topography has been overlain
on the block model and any block falling above the topography has been excluded
from the estimation. Zone wise DTM (Digital Terrain Model) has been prepared from
geological cross sections to screen out any intermixing of various litho-unit zones
during estimation. The volume of each litho-unit zone within the block matrix as
mentioned above has been calculated by the number and size of the block/sub-
block in three dimensions within each individual litho-unit zone.

3.7 Block Model Verifications

A careful section by section comparison has been undertaken comparing the
estimated blocks to the original drillhole assay grades. This has been used to identify
potential discrepancies between grades of the estimated blocks and the original drill
hole sample data.

3.8 Block Estimation

Since statistical analysis deals with random sample distribution, it is difficult to estimate
quality and quantity of the deposit with statistical approach unless and until the
deposit conforms to fully normal distribution pattern with little variation in quality. As
mentioned in preceding para, in view of the stratified, horizontally disposed,
homogenous deposit, universally accepted method of estimation i.e., Inverse Square
Distance (ISD) method, has been applied to estimate the quality and quantity of the
deposit.

The assays radicals have been estimated into the geological block model inverse
power of distance. The Minimum number of samples 3 and maximum number of
samples 15 has been used for primary search volume and second expansion factor
has been used for estimation.

The Inverse Distance method of filling a model, allows to interpolate block values
based on the values of the sample points closest to the block centroid. The weighting
of the surrounding samples is calculated based on the inverse of their distance to the
block centroid raised to a specified power.
25
Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
Figure 21 Criteria for Reserve Estimation

26Page

Figure 22 View of Block Model with Legends

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
 Figure 23 View of Block Model with Attributes

Figure 24 View of Block Model with Legends of SiO2

27Page

Figure 25 View of Block Model with Legends of CaO

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
4.0 Mineral Resources
Based on the borehole quality data, litho-unit wise quality has been estimated. The
total limestone quality has been estimated by weight averaging the quality of
individual limestone litho-units.

The summary of litho-unit and category wise average quality of resources is given
below

Chemical Composition (%) Factor

Litho Unit
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

Yellow Soil 25.75 6.26 2.78 25.03 0.69 30.79 2.85 2.25

Grey Limestone 17.29 2.22 1.03 41.57 0.4 80.40 5.32 2.16

Dark Grey Limestone 17.41 2.98 1.4 39.66 0.39 74.58 3.97 2.13

Pink Limestone 12.62 1.65 0.75 45.2 0.38 119.67 5.26 2.20

Reddish Brown
23.32 3.69 1.52 37.13 0.41 52.56 4.48 2.43
Limestone
Grey Shale 18.36 3.74 1.42 26.8 0.24 47.23 3.56 2.63

Red Shale 20.82 3.8 1.47 28.01 0.18 43.95 3.95 2.59

Black Shale 56.6 7.45 16.74 9.84 1.74 5.53 2.34 0.45

Greenish Grey Shale 39.45 10.34 4.51 19.76 1.28 15.73 2.66 2.29

Table 9 Llitho-unit and category wise average quality

Geological resource evaluation has been done on different criteria. The total resource
within the orebody with average grade of all the radicals are as indicated in the
following table.

Chemical Composition (%) Factor

CaO (%) Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

0.0 ->
Waste 64319798 27.55 6.06 2.61 27.46 0.57 31.93 3.18 2.32
34.0

34.0 ->
Subgrade 72326000 23.28 3.38 1.53 36.3 0.47 51.73 4.74 2.21
38.0
Cement
38.0 Plus 565691593 16.18 1.91 0.89 43.02 0.89 89.37 5.78 2.15
grade
Sub Total
34.0 Plus 638017593 16.98 2.08 0.97 42.26 0.38 83.47 5.57 2.14
(Limestone)
Table 10 Geological Resource
28

The estimated proved geological resource is 638.02 million tons of limestone having
CaO > 34% with an average grade of 42.26% CaO, 16.98% SiO2, 0.97% Fe2O3, 2.08%
Page

Al2O3 and 0.38% MgO.

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
Geological Resource by category (CaO)

Chemical Composition (%) Factor

CaO (%) Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

34.0 -> 36.0 26101444 23.46 3.97 1.73 35.04 0.62 49.01 4.12 2.29

36.0 -> 38.0 46224556 23.18 3.05 1.42 37.01 0.39 53.31 5.19 2.15

38.0 -> 40.0 62985958 20.6 2.53 1.12 39.2 0.52 63.85 5.64 2.26

40.0 -> 42.0 167766327 18.95 2.26 0.99 41.06 0.49 72.84 5.83 2.28

42.0 -> 44.0 149020020 16.76 1.83 0.92 42.84 0.33 86.22 6.09 1.99

44.0 -> 46.0 83105221 13.5 1.53 0.77 44.96 0.25 112.10 5.87 1.99

46.0 -> 48.0 85874016 10.54 1.38 0.66 47.04 0.26 149.01 5.17 2.09

48.0 -> 49.0 16768177 8.82 1.37 0.62 48.32 0.13 180.87 4.43 2.21

49.0 -> 50.0 171875 9.18 1.36 0.62 49.46 0 178.48 4.64 2.19

Grand Total 638017593 16.98 2.08 0.97 42.26 0.38 83.47 5.57 2.14
Table 11 Geological Resource by category (CaO)

Geological Resource by category (SiO2)

Chemical Composition (%) Factor

SiO2 (%) Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

0.0 -> 8.0 4240482 7.44 1.85 0.53 47.65 0.03 203.99 3.13 3.49

8.0 -> 10.0 41488373 9.25 1.4 0.66 47.41 0.17 169.44 4.49 2.12

10.0 -> 12.0 64802010 10.94 1.42 0.68 46.2 0.28 141.07 5.21 2.09

12.0 -> 14.0 55405052 13.02 1.49 0.77 44.89 0.28 115.95 5.76 1.94

14.0 -> 16.0 72609627 15.02 1.75 0.88 43.48 0.38 97.29 5.71 1.99

16.0 -> 18.0 114937035 17.11 1.97 0.94 42.21 0.35 83.02 5.88 2.10

18.0 -> 20.0 137527988 18.87 2.19 1.02 41.16 0.44 73.39 5.88 2.15

20.0 -> 40.0 147007027 22.7 2.92 1.28 38.38 0.5 56.58 5.40 2.28

Grand Total 638017593 16.98 2.08 0.97 42.26 0.38 83.47 5.57 2.14
29

Table 12 Geological Resource by category (SiO2)

Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
Bench Wise Geological Resource

Waste (Cao<34%)

Chemical Composition (%) Factor

Z Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

270.0 -> 280.0 87891 28.32 5.52 2.22 32.04 0.97 36.72 3.66 2.49

280.0 -> 290.0 527344 27.98 5.35 2.14 32.31 0.96 37.55 3.74 2.50

290.0 -> 300.0 621094 28.54 5.63 2.27 31.82 0.96 36.15 3.61 2.48

300.0 -> 310.0 996094 28.45 5.67 2.3 31.8 0.95 36.20 3.57 2.47

310.0 -> 320.0 953125 27.8 5.32 2.15 32.24 0.95 37.70 3.72 2.47

320.0 -> 330.0 707031 27.65 5.15 2.08 32.42 0.93 38.21 3.82 2.48

330.0 -> 340.0 728516 28 5.5 2.21 32.12 0.89 37.21 3.63 2.49

340.0 -> 350.0 1320313 28.86 5.87 2.39 31.54 0.87 35.32 3.49 2.46

350.0 -> 360.0 1722656 28.37 5.64 2.28 32.05 0.91 36.60 3.58 2.47

360.0 -> 370.0 1656250 29.23 6.02 2.47 31.3 0.91 34.57 3.44 2.44

370.0 -> 380.0 2267578 29.93 6.34 2.69 30.29 0.89 32.56 3.31 2.36

380.0 -> 390.0 3652344 30.68 6.48 2.95 29.14 0.79 30.52 3.25 2.20

390.0 -> 400.0 6216797 31.24 6.56 3.12 27.88 0.72 28.67 3.23 2.10

400.0 -> 410.0 8519531 30.77 6.94 3.1 26.44 0.62 27.44 3.06 2.24

410.0 -> 420.0 9990234 30.22 7.39 3.1 24.59 0.44 25.79 2.88 2.38

420.0 -> 430.0 11630859 26.25 6.22 2.59 25.26 0.4 30.61 2.98 2.40

430.0 -> 440.0 9597656 21.66 4.51 1.91 27.3 0.35 40.62 3.37 2.36

440.0 -> 450.0 3124485 17.7 3 1.39 30.08 0.38 55.70 4.03 2.16

Grand Total 64319798 27.55 6.06 2.61 27.46 0.57 31.93 3.18 2.32
30

Table 13 Bench Wise Waste

Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
Bench Wise Geological Resource

Sub Grade (Cao 34.0 -> 38.0)

Chemical Composition (%) Factor

Z Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

270.0 -> 280.0 17578 25.06 3.99 1.5 35.59 0.89 46.92 4.56 2.66

280.0 -> 290.0 345703 24.23 3.63 1.33 36.37 0.85 49.83 4.89 2.73

290.0 -> 300.0 505859 24.3 3.95 1.49 36.38 0.86 49.38 4.47 2.65

300.0 -> 310.0 876953 24.41 4.04 1.57 36.23 0.84 48.87 4.35 2.57

310.0 -> 320.0 1320313 24.44 3.94 1.56 36.25 0.73 48.92 4.44 2.53

320.0 -> 330.0 2011719 24.18 3.95 1.54 36.42 0.68 49.64 4.40 2.56

330.0 -> 340.0 1820313 24.05 3.97 1.55 36.39 0.62 49.83 4.36 2.56

340.0 -> 350.0 1906250 24.52 3.93 1.59 36.17 0.55 48.66 4.44 2.47

350.0 -> 360.0 2492188 24.74 3.73 1.59 36.18 0.51 48.43 4.65 2.35

360.0 -> 370.0 4171875 24.56 3.51 1.49 36.17 0.57 48.96 4.91 2.36

370.0 -> 380.0 5355469 24.57 3.43 1.46 36.26 0.58 49.14 5.02 2.35

380.0 -> 390.0 5748047 24.74 3.27 1.45 36.27 0.52 48.97 5.24 2.26

390.0 -> 400.0 6988281 24.6 3.29 1.48 36.27 0.49 49.20 5.16 2.22

400.0 -> 410.0 9355469 24.16 3.32 1.51 36.4 0.4 50.17 5.00 2.20

410.0 -> 420.0 8882813 23.28 3.36 1.6 36.34 0.38 51.77 4.69 2.10

420.0 -> 430.0 8433594 22.05 3.41 1.64 36.25 0.4 54.24 4.37 2.08

430.0 -> 440.0 8501953 20.85 3.25 1.6 36.28 0.36 57.36 4.30 2.03

440.0 -> 450.0 3591625 17.9 2.42 1.33 36.44 0.41 67.68 4.77 1.82
31

Grand Total 72326000 23.28 3.38 1.53 36.3 0.47 51.73 4.74 2.21
Page

Table 14 Bench Wise Geological Resource-Sub Grade

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
Bench Wise Geological Resource

Cement Grade (Cao 38.0% Plus)

Chemical Composition (%) Factor

Z Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

280.0 -> 290.0 683594 19.84 2.54 0.98 39.86 0.77 67.35 5.64 2.59

290.0 -> 300.0 2242188 19.39 2.5 0.98 40.54 0.76 70.04 5.57 2.55

300.0 -> 310.0 3505859 19.13 2.5 0.98 40.88 0.72 71.53 5.50 2.55

310.0 -> 320.0 5462891 18.55 2.4 0.95 41.33 0.7 74.62 5.54 2.53

320.0 -> 330.0 8919922 17.91 2.31 0.93 41.81 0.64 78.18 5.53 2.48

330.0 -> 340.0 15328125 17.02 2.14 0.89 42.46 0.53 83.65 5.62 2.40

340.0 -> 350.0 21761719 16.37 2.02 0.86 42.91 0.46 87.97 5.68 2.35

350.0 -> 360.0 27482422 15.66 1.91 0.83 43.41 0.4 93.07 5.72 2.30

360.0 -> 370.0 33738281 15.76 1.87 0.83 43.41 0.37 92.61 5.84 2.25

370.0 -> 380.0 42117188 16.06 1.85 0.86 43.21 0.36 90.57 5.93 2.15

380.0 -> 390.0 49654297 16.1 1.86 0.87 43.17 0.36 90.24 5.90 2.14

390.0 -> 400.0 58085938 16.24 1.89 0.88 43.07 0.36 89.22 5.86 2.15

400.0 -> 410.0 67037109 16.38 1.9 0.89 42.97 0.36 88.26 5.87 2.13

410.0 -> 420.0 69835938 16.27 1.9 0.91 43.01 0.35 88.88 5.79 2.09

420.0 -> 430.0 67953125 16 1.89 0.92 43.07 0.34 90.43 5.69 2.05

430.0 -> 440.0 62341797 15.74 1.85 0.93 43.11 0.31 92.00 5.66 1.99

440.0 -> 450.0 29541203 15.77 1.82 0.96 42.98 0.29 91.59 5.67 1.90
32

Grand Total 565691593 16.18 1.91 0.89 43.02 0.37 89.37 5.78 2.15
Page

Table 15 Bench Wise Geological Resource (CaO 38% Plus)

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
Bench Wise Geological Resource
Table 16 Bench Wise Geological Resource

Chemical Composition (%) Factor

Z CaO Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM
34.0 ->
9766 25.84 4.34 1.65 35.25 0.96 44.88 4.31 2.63
270.0 - 36.0
> 280.0 36.0 ->
7813 24.07 3.56 1.3 36.02 0.82 49.72 4.95 2.74
38.0
Sub Total 17578 25.06 3.99 1.5 35.59 0.89 46.92 4.56 2.66
34.0 ->
128906 25.46 4.08 1.54 35.02 0.87 45.42 4.53 2.65
36.0
280.0 -> 290.0

36.0 ->
216797 23.5 3.36 1.21 37.17 0.83 52.69 5.14 2.78
38.0
38.0 ->
460938 20.35 2.59 0.99 39.34 0.77 64.83 5.68 2.62
40.0
40.0 ->
222656 18.77 2.43 0.97 40.94 0.77 73.04 5.52 2.51
42.0
Sub Total 1029297 21.31 2.9 1.1 38.69 0.79 60.64 5.33 2.64
34.0 ->
154297 25.4 4.24 1.61 35.26 0.89 45.69 4.34 2.63
36.0
36.0 ->
290.0 -> 300.0

351563 23.82 3.83 1.44 36.88 0.85 51.11 4.52 2.66

38.0
38.0 ->
777344 21.09 2.71 1.02 39.18 0.75 62.28 5.65 2.66
40.0
40.0 ->
1279297 18.83 2.43 0.96 41.01 0.76 72.95 5.55 2.53
42.0
42.0 ->
185547 16.08 2.14 0.87 43.02 0.73 89.41 5.34 2.46
44.0
Sub Total 2748047 20.29 2.77 1.07 39.78 0.78 65.45 5.28 2.59
34.0 ->
339844 25.59 4.46 1.75 35.04 0.88 44.89 4.12 2.55
36.0
36.0 ->
537109 23.65 3.78 1.46 36.98 0.81 51.63 4.51 2.59
38.0
300.0 -> 310.0

38.0 ->
1072266 21.12 2.75 1.08 39.2 0.7 62.14 5.51 2.55
40.0
40.0 ->
1804688 19.11 2.48 0.97 41.02 0.75 71.88 5.54 2.56
42.0
42.0 ->
519531 16.07 2.17 0.89 43.09 0.67 89.52 5.25 2.44
44.0
44.0 ->
109375 14.35 1.75 0.74 44.52 0.44 104.20 5.76 2.36
46.0
Sub Total 4382813 20.18 2.81 1.1 39.95 0.74 66.00 5.16 2.55
34.0 ->
310.0 -> 320.0

533203 25.13 4.18 1.66 35.31 0.82 46.23 4.30 2.52

36.0
36.0 ->
33

787109 23.97 3.78 1.49 36.9 0.67 50.87 4.55 2.54

38.0
38.0 ->
Page

1343750 21.12 2.68 1.05 39.26 0.69 62.34 5.66 2.55

40.0

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
 Chemical Composition (%) Factor
Z CaO Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM
40.0 ->
2886719 19.1 2.48 0.97 41.01 0.74 71.90 5.54 2.56
42.0
42.0 ->
576172 16.57 2.16 0.87 42.91 0.62 86.67 5.47 2.48
44.0
44.0 ->
421875 13.55 1.75 0.76 44.93 0.49 110.94 5.40 2.30
46.0
46.0 ->
234375 10.84 1.66 0.71 46.81 0.71 142.83 4.57 2.34
48.0
Sub Total 6783203 19.69 2.7 1.07 40.34 0.7 68.36 5.22 2.52
34.0 ->
560547 25.37 4.02 1.58 35.13 0.81 45.74 4.53 2.54
36.0
36.0 ->
1451172 23.73 3.93 1.53 36.92 0.62 51.22 4.35 2.57
38.0
38.0 ->
320.0 -> 330.0

1593750 21.22 2.74 1.08 39.2 0.67 61.88 5.55 2.54

40.0
40.0 ->
4556641 18.98 2.43 0.96 41.08 0.72 72.53 5.60 2.53
42.0
42.0 ->
1320313 16.89 2.12 0.88 42.77 0.51 84.92 5.63 2.41
44.0
44.0 ->
626953 13.81 1.75 0.75 44.83 0.41 108.76 5.52 2.33
46.0
46.0 ->
728516 10.42 1.55 0.68 46.88 0.56 149.08 4.67 2.28
48.0
48.0 ->
93750 9.38 1.34 0.64 48.26 0.55 170.76 4.74 2.09
50.0
Sub Total 10931641 19.06 2.61 1.04 40.81 0.65 71.44 5.22 2.51
34.0 ->
535156 25.11 4.22 1.66 35.02 0.74 45.86 4.27 2.54
36.0
36.0 ->
1285156 23.61 3.87 1.51 36.96 0.57 51.58 4.39 2.56
38.0
38.0 ->
2125000 21.03 2.77 1.06 39.27 0.66 62.49 5.49 2.61
40.0
330.0 -> 340.0

40.0 ->
6152344 18.9 2.37 0.95 41.1 0.66 72.96 5.69 2.49
42.0
42.0 ->
3447266 16.95 1.94 0.87 42.81 0.38 85.08 6.03 2.23
44.0
44.0 ->
1398438 13.64 1.72 0.76 44.86 0.37 110.18 5.50 2.26
46.0
46.0 ->
1822266 10.43 1.49 0.66 46.98 0.4 149.66 4.85 2.26
48.0
48.0 ->
382813 8.87 1.33 0.64 48.41 0.16 180.49 4.50 2.08
50.0
Sub Total 17148438 17.77 2.33 0.96 41.81 0.54 78.69 5.40 2.43
34.0 ->
340.0 ->

748047 25.55 4.51 1.76 34.9 0.69 44.74 4.07 2.56

34
350.0

36.0
36.0 ->
1158203 23.86 3.56 1.47 37 0.46 51.41 4.74 2.42
Page

38.0

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
 Chemical Composition (%) Factor
Z CaO Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM
38.0 ->
1894531 20.83 2.68 1.03 39.36 0.65 63.32 5.61 2.60
40.0
40.0 ->
7714844 18.89 2.34 0.94 41.05 0.56 72.96 5.76 2.49
42.0
42.0 ->
5921875 16.86 1.9 0.87 42.85 0.37 85.67 6.09 2.18
44.0
44.0 ->
2484375 13.49 1.71 0.75 44.89 0.44 111.45 5.48 2.28
46.0
46.0 ->
2984375 10.46 1.44 0.63 47.03 0.37 149.79 5.05 2.29
48.0
48.0 ->
761719 8.62 1.39 0.62 48.38 0.12 184.80 4.29 2.24
50.0
Sub Total 23667969 17.03 2.18 0.91 42.37 0.47 83.33 5.51 2.40
34.0 ->
996094 25.53 4.63 1.82 34.96 0.7 44.75 3.96 2.54
36.0
36.0 ->
1496094 24.21 3.13 1.45 37 0.39 51.09 5.29 2.16
38.0
38.0 ->
2216797 20.93 2.67 1.04 39.32 0.6 62.98 5.64 2.57
40.0
350.0 -> 360.0

40.0 ->
7912109 18.79 2.27 0.95 41.07 0.51 73.46 5.84 2.39
42.0
42.0 ->
7156250 16.88 1.83 0.87 42.87 0.33 85.76 6.25 2.10
44.0
44.0 ->
3738281 13.35 1.69 0.74 44.93 0.41 112.73 5.49 2.28
46.0
46.0 ->
4755859 10.48 1.45 0.62 47.04 0.35 149.53 5.06 2.34
48.0
48.0 ->
1703125 8.76 1.34 0.61 48.39 0.12 182.56 4.49 2.20
50.0
Sub Total 29974609 16.42 2.06 0.89 42.81 0.41 87.39 5.57 2.31
34.0 ->
1843750 25.27 4.28 1.68 35.09 0.73 45.63 4.24 2.55
36.0
36.0 ->
2328125 24 2.9 1.34 37.03 0.44 51.80 5.66 2.16
38.0
38.0 ->
3349609 21.45 2.64 1.11 39.22 0.6 61.38 5.72 2.38
40.0
360.0 -> 370.0

40.0 ->
8906250 18.96 2.25 0.95 40.99 0.49 72.73 5.93 2.37
42.0
42.0 ->
8392578 16.97 1.76 0.86 42.87 0.27 85.48 6.48 2.05
44.0
44.0 ->
4916016 13.41 1.59 0.75 44.97 0.34 112.67 5.73 2.12
46.0
46.0 ->
6203125 10.49 1.43 0.62 47.06 0.31 149.58 5.12 2.31
48.0
35

48.0 ->
1970703 8.91 1.36 0.58 48.4 0.16 179.73 4.59 2.34
50.0
Page

Sub Total 37910156 16.73 2.05 0.91 42.61 0.39 85.47 5.65 2.25

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
 Chemical Composition (%) Factor
Z CaO Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM
34.0 ->
2037109 24.96 4.11 1.63 35.11 0.8 46.32 4.35 2.52
36.0
36.0 ->
3318359 24.32 3.01 1.35 36.97 0.44 50.98 5.58 2.23
38.0
38.0 ->
4837891 21.59 2.48 1.15 39.17 0.49 61.08 5.95 2.16
40.0
370.0 -> 380.0

40.0 ->
11316406 19.04 2.21 0.98 41 0.48 72.49 5.97 2.26
42.0
42.0 ->
10492188 16.97 1.73 0.87 42.84 0.27 85.47 6.53 1.99
44.0
44.0 ->
6107422 13.49 1.53 0.75 44.95 0.29 112.19 5.92 2.04
46.0
46.0 ->
7826172 10.48 1.45 0.62 47.04 0.31 149.53 5.06 2.34
48.0
48.0 ->
1537109 9 1.36 0.55 48.37 0.16 178.08 4.71 2.47
50.0
Sub Total 47472656 17.02 2.03 0.92 42.43 0.38 83.77 5.77 2.21
34.0 ->
2048828 25.21 4.07 1.67 35.03 0.72 45.81 4.39 2.44
36.0
36.0 ->
3699219 24.47 2.82 1.33 36.95 0.41 50.82 5.90 2.12
38.0
38.0 ->
5347656 21.57 2.58 1.14 39.21 0.51 61.09 5.80 2.26
40.0
380.0 -> 390.0

40.0 ->
14126953 19.07 2.21 0.99 41.05 0.47 72.47 5.96 2.23
42.0
42.0 ->
12689453 16.85 1.71 0.88 42.88 0.28 86.16 6.51 1.94
44.0
44.0 ->
7146484 13.28 1.53 0.75 45 0.26 113.99 5.82 2.04
46.0
46.0 ->
8931641 10.46 1.44 0.63 47.04 0.28 149.82 5.05 2.29
48.0
48.0 ->
1412109 8.89 1.35 0.57 48.28 0.26 179.78 4.63 2.37
50.0
Sub Total 55402344 16.99 2.01 0.93 42.45 0.37 83.98 5.78 2.16
34.0 ->
2537109 25.01 4.09 1.67 35.03 0.7 46.13 4.34 2.45
36.0
36.0 ->
4451172 24.37 2.84 1.37 36.98 0.38 51.02 5.79 2.07
38.0
38.0 ->
390.0 -> 400.0

6033203 21.45 2.62 1.14 39.21 0.48 61.37 5.70 2.30

40.0
40.0 ->
17496094 19.1 2.24 1 41.07 0.49 72.34 5.90 2.24
42.0
42.0 ->
15013672 16.85 1.77 0.9 42.84 0.3 85.93 6.31 1.97
44.0
36

44.0 ->
8250000 13.35 1.54 0.74 44.95 0.24 113.29 5.86 2.08
46.0
Page

46.0 ->
9917969 10.52 1.4 0.64 47.04 0.25 149.22 5.16 2.19
48.0

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
 Chemical Composition (%) Factor
Z CaO Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM
48.0 ->
1375000 9.01 1.32 0.6 48.28 0.25 177.66 4.69 2.20
50.0
Sub Total 65074219 17.14 2.04 0.94 42.34 0.37 83.00 5.75 2.17
34.0 ->
2886719 24.57 3.85 1.64 35.05 0.6 47.11 4.48 2.35
36.0
36.0 ->
6468750 23.98 3.09 1.45 37.01 0.32 51.59 5.28 2.13
38.0
38.0 ->
7009766 21.24 2.52 1.15 39.19 0.48 62.02 5.79 2.19
40.0
400.0 -> 410.0

40.0 ->
20382813 19.14 2.25 1 41.06 0.48 72.17 5.89 2.25
42.0
42.0 ->
17958984 16.87 1.82 0.93 42.8 0.34 85.62 6.13 1.96
44.0
44.0 ->
10132813 13.37 1.56 0.74 44.98 0.25 113.14 5.81 2.11
46.0
46.0 ->
10390625 10.65 1.34 0.65 47.03 0.22 147.78 5.35 2.06
48.0
48.0 ->
1162109 8.9 1.32 0.59 48.32 0.13 179.89 4.66 2.24
50.0

Sub Total 76392578 17.34 2.08 0.97 42.17 0.37 81.67 5.69 2.14

34.0 ->
2988281 22.82 3.68 1.79 35.04 0.48 50.49 4.17 2.06
36.0
36.0 ->
5894531 23.51 3.2 1.5 37 0.32 52.42 5.00 2.13
38.0
38.0 ->
6843750 20.75 2.5 1.17 39.23 0.47 63.47 5.65 2.14
40.0
410.0 -> 420.0

40.0 ->
21216797 19.02 2.28 1 41.06 0.47 72.55 5.80 2.28
42.0
42.0 ->
18634766 16.77 1.85 0.94 42.82 0.36 86.07 6.01 1.97
44.0
44.0 ->
11646484 13.49 1.51 0.77 44.97 0.24 112.27 5.92 1.96
46.0
46.0 ->
10181641 10.73 1.31 0.67 47.01 0.18 146.79 5.42 1.96
48.0
48.0 ->
1312500 8.73 1.43 0.61 48.34 0.09 182.22 4.28 2.34
50.0
Sub Total 78718750 17.06 2.07 0.99 42.26 0.36 83.10 5.58 2.09
34.0 ->
3259766 21.5 3.95 1.87 35.02 0.52 53.00 3.69 2.11
36.0
420.0 -> 430.0

36.0 ->
5173828 22.4 3.06 1.5 37.03 0.32 55.02 4.91 2.04
38.0
38.0 ->
6923828 19.78 2.47 1.17 39.2 0.49 66.37 5.43 2.11
37

40.0
40.0 ->
Page

18947266 18.86 2.26 1 41.09 0.46 73.21 5.79 2.26

42.0

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
 Chemical Composition (%) Factor
Z CaO Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM
42.0 ->
19421875 16.58 1.89 0.96 42.86 0.36 86.98 5.82 1.97
44.0
44.0 ->
11429688 13.6 1.49 0.78 44.98 0.19 111.49 5.99 1.91
46.0
46.0 ->
9324219 10.64 1.33 0.71 47.01 0.2 147.72 5.22 1.87
48.0
48.0 ->
1906250 8.62 1.44 0.64 48.32 0.03 184.07 4.14 2.25
50.0
Sub Total 76386719 16.67 2.06 1 42.32 0.35 85.05 5.45 2.06
34.0 ->
3333984 20.77 3.94 1.92 35 0.42 54.64 3.54 2.05
36.0
36.0 ->
5167969 20.9 2.8 1.39 37.1 0.32 59.14 4.99 2.01
38.0
38.0 ->
7248047 18.87 2.34 1.12 39.15 0.45 69.51 5.45 2.09
40.0
430.0 -> 440.0

40.0 ->
15523438 18.66 2.22 1.01 41.05 0.41 73.93 5.78 2.20
42.0
42.0 ->
18226563 16.52 1.88 0.98 42.84 0.32 87.23 5.78 1.92
44.0
44.0 ->
10492188 13.76 1.44 0.81 44.96 0.17 110.32 6.12 1.78
46.0
46.0 ->
8640625 10.41 1.34 0.74 47.12 0.2 150.98 5.00 1.81
48.0
48.0 ->
2210938 8.72 1.42 0.66 48.29 0.04 182.08 4.19 2.15
50.0
Sub Total 70843750 16.35 2.02 1.01 42.29 0.31 86.62 5.40 2.00
34.0 ->
1160038 16.97 2.61 1.53 35.04 0.47 67.92 4.10 1.71
36.0
36.0 ->
2431587 18.34 2.33 1.24 37.11 0.38 67.59 5.14 1.88
38.0
38.0 ->
3907833 18.12 2.23 1.06 39 0.46 72.15 5.51 2.10
40.0
440.0 -> 450.0

40.0 ->
7321014 18.59 2.11 1.03 41.09 0.4 74.42 5.92 2.05
42.0
42.0 ->
9062988 16.56 1.88 1.04 42.85 0.27 86.98 5.67 1.81
44.0
44.0 ->
4204830 13.81 1.41 0.83 44.98 0.16 110.05 6.17 1.70
46.0
46.0 ->
3932610 10.39 1.33 0.75 47.15 0.2 151.37 5.00 1.77
48.0
48.0 ->
1111927 8.92 1.29 0.73 48.27 0.03 178.96 4.42 1.77
50.0
Sub Total 33132828 16 1.89 1 42.27 0.31 88.65 5.54 1.89
Grand Total 638017593 16.98 2.08 0.97 42.26 0.38 83.47 5.57 2.14
38
Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
5.0 Mineable Reserve
For estimation of Mineral reserves, the mineral resources were further evaluated for
their mineability considering various modifying factors viz. end use, cut-off grade,
threshold value, infrastructure, economics, marketing, legal, environmental, social,
and statutory factors. Since the exploration carried out in the area has established the
complete local geological set-up of the ML area and out of the total area is under
G1 category of exploration, part area is non-mineralized and part area is blocked due
to constraints.

5.1 Mining Constraints

The following mining constraints were considered for conversion of mineral resource
to mineral reserve.

• Non acquired Area

• HT Line
• Conveyor Belt
• Statutory Boundary
• Ultimate Pit

However, to arrive at mineable reserves following major constraints have been

considered based on the topographic survey, while it is presumed that the other
constraints shall be taken care during mining activities.

• Leaving a statutory barrier of 7.5 m from ML.

• Leaving 50 m all along the HT Line non acquired land boundary considering
non-conventional mining within 50 to 300 m safe zone for blasting.
• Considering ultimate pit slope of 45° (considering an ultimate bench width of
10 m in each bench)
• Mining limit at depth upto 280 mRL (based on the mineability of the deposit
with sufficient space at least 50 m for mining operation and transportation at
bottom).

Although the water table is expected at about 30-45 m from ground level based on
the data available from various pits and wells, it may not be a constraint to mining as
by use of suitable size pumping arrangement the water could be pumped out of the
mining pit and shall be drained in sump.

A 3D conceptual pit considering above design has been created and mineable
reserves have been computed for the deposit within the pit. A bench height of 10 m
has been considered with bench slope of 80° with ramp having width of 10 m and
slop of 1 in 16.
39
Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
5.2 Reserve Block Due to Mining Constraints

Block Chemical Composition (%) Factor

Reserve CaO Tonnage
Constraints SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

38.0 Plus 16737778 18.49 2.16 1.05 41.53 0.43 75.50 5.76 2.06
HT Line
34.0 -> 38.0 4186172 22.98 3.57 1.47 36.39 0.46 52.35 4.56 2.43

38.0 Plus 23244232 18.93 2.22 0.96 41.12 0.52 73.11 5.95 2.31
Bhatkotri
Village
34.0 -> 38.0 5474094 23.47 3.97 2.33 35.74 0.82 49.70 3.73 1.70

38.0 Plus 503632 19.69 2.55 0.98 41.06 0.75 69.86 5.58 2.60
Phalwa
Side
34.0 -> 38.0 316406 24.56 3.8 1.54 36.47 0.41 49.12 4.60 2.47

38.0 Plus 4044273 19.46 1.61 0.93 41.13 0 72.17 7.66 1.73
Plant Side
34.0 -> 38.0 4671207 24.99 3.7 1.3 36.62 0 48.71 5.00 2.85

38.0 Plus 6334038 14.75 1.69 0.91 43.83 0.04 99.87 5.67 1.86
Statutory
Boundary
34.0 -> 38.0 896484 23.09 2.39 1.31 36.58 0.04 53.54 6.24 1.82

38.0 Plus 71211048 16.9 1.92 0.9 42.67 0.29 85.05 5.99 2.13
UPL
Benches
34.0 -> 38.0 14488266 24.44 3.45 1.5 36.31 0.49 49.42 4.94 2.30

38.0 Plus 42412743 15.89 1.59 0.88 43.35 0.08 92.35 6.43 1.81
Conveyor
Belt
34.0 -> 38.0 4594170 24.34 2.6 1.49 36.53 0.33 50.60 5.95 1.74

Grand
34.0 Plus 199114543 18.30 2.16 1.00 41.43 0.30 76.10 5.80 2.16
Total
Table 17 Reserve Block Due to Mining Constraints
40
Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
5.3 Ultimate Pit Design
The objective of pit optimisation is to obtain an ultimate pit which meets corporate
goals, as well as achieves a practical pit design. Using this pit design tool of SURPAC
the practical pits are then designed to meet the overall slope and the production
requirements. These practical pits then include haul roads, berms, and different
bench/berm configurations.

A 3D conceptual pit considering above design has been created and mineable
reserves have been computed for the deposit within the pit. A bench height of 10 m
has been considered with bench slope of 80° with ramp having width of 10 m and
with slope of 1 in 16.

Figure 26 Ultimate Pit Design

Mineable Reserve evaluation has been done with the designed ultimate pit. The total
reserve within the ultimate pit with average grade of all the radicals are as indicated
in the following table.

Chemical Composition (%) Factor

Category CaO (%) Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

Waste 0.0 -> 34.0 36379566 26.2 5.62 2.55 26.95 0.56 33.01 3.21 2.20

Subgrade 34.0 -> 38.0 37764614 22.49 3.3 1.47 36.31 0.5 53.54 4.71 2.24

Cement
38.0 Plus 401130623 15.89 1.91 0.88 43.19 0.4 91.28 5.70 2.17
Grade

Sub Total 34.0 Plus 438895237 16.45 2.03 0.93 42.6 0.41 86.83 5.56 2.18
41

Table 18 Mineable Reserve

Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
Mineable Reserve by category (CaO)

Chemical Composition (%) Factor

CaO (%) Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

34.0 -> 36.0 13823978 22.67 3.72 1.55 35.05 0.61 50.89 4.30 2.40

36.0 -> 38.0 23940636 22.38 3.06 1.42 37.03 0.43 55.11 5.00 2.15

38.0 -> 40.0 40222122 20.24 2.54 1.13 39.24 0.53 64.96 5.51 2.25

40.0 -> 42.0 114919281 18.79 2.27 1.00 41.07 0.53 73.42 5.75 2.27

42.0 -> 44.0 103241375 16.68 1.88 0.92 42.87 0.38 86.57 5.96 2.04

44.0 -> 46.0 63183140 13.58 1.55 0.75 44.95 0.29 111.43 5.90 2.07

46.0 -> 48.0 66739155 10.58 1.41 0.65 47.04 0.3 148.34 5.14 2.17

48.0 -> 50.0 12825550 8.8 1.36 0.6 48.33 0.16 181.45 4.49 2.27

Grand Total 438895237 16.45 2.03 0.93 42.6 0.41 86.83 5.56 2.18
Table 19 Mineable Reserve by category (CaO)

Mineable Reserve by category (SiO2)

Chemical Composition (%) Factor

SiO2 (%) Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

0.0 -> 8.0 3654789 7.4 1.88 0.51 47.69 0.03 204.94 3.10 3.69

8.0 -> 10.0 30578457 9.25 1.4 0.64 47.34 0.21 169.26 4.53 2.19

10.0 -> 12.0 50249912 10.95 1.43 0.67 46.23 0.33 141.02 5.21 2.13

12.0 -> 14.0 42384026 13.03 1.51 0.77 44.81 0.34 115.59 5.71 1.96

14.0 -> 16.0 56662853 15.01 1.76 0.86 43.5 0.41 97.39 5.73 2.05

16.0 -> 18.0 82679672 17.08 2.01 0.95 42.19 0.39 83.03 5.77 2.12

18.0 -> 20.0 90295612 18.87 2.23 1.00 41.2 0.48 73.42 5.84 2.23

20.0 -> 40.0 82389915 22.37 2.9 1.26 38.57 0.53 57.67 5.38 2.30
42

Grand Total 438895237 16.46 2.03 0.93 42.6 0.41 86.78 5.56 2.18
Page

Table 20 Mineable Reserve by category (SiO2)

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
Bench Wise Waste

Waste (Cao<34%)

Chemical Composition (%) Factor

Z Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

290.0 -> 300.0 246094 27.7 5.11 2.00 32.81 0.92 38.65 3.90 2.56

300.0 -> 310.0 582031 28.8 5.84 2.38 31.53 0.95 35.40 3.50 2.45

310.0 -> 320.0 685547 27.85 5.30 2.13 32.3 0.95 37.73 3.75 2.49

320.0 -> 330.0 441406 27.35 5.00 2.00 32.75 0.92 39.09 3.91 2.50

330.0 -> 340.0 230469 27.16 4.90 1.98 32.74 0.91 39.39 3.95 2.47

340.0 -> 350.0 337891 27.47 5.70 2.27 32.28 0.83 37.92 3.45 2.51

350.0 -> 360.0 1337891 27.48 5.31 2.1 32.83 0.9 38.82 3.71 2.53

360.0 -> 370.0 798828 27.39 5.21 2.11 32.97 0.87 39.15 3.74 2.47

370.0 -> 380.0 974609 28.7 6.02 2.58 31.17 0.83 34.97 3.34 2.33

380.0 -> 390.0 1880859 30.73 6.91 3.16 28.5 0.81 29.61 3.05 2.19

390.0 -> 400.0 2832031 32.26 7.49 3.56 26.1 0.77 25.72 2.92 2.10

400.0 -> 410.0 4650391 31.3 7.11 3.34 25.25 0.66 25.71 3.00 2.13

410.0 -> 420.0 5925781 29.11 6.67 3.04 24.67 0.46 27.00 3.00 2.19

420.0 -> 430.0 6972656 24.33 5.36 2.46 24.79 0.42 32.60 3.11 2.18

430.0 -> 440.0 6285156 19.83 3.80 1.76 26.91 0.32 44.01 3.57 2.16

440.0 -> 450.0 2197926 15.76 2.58 1.19 29.63 0.33 61.80 4.18 2.17
43

Total 36379566 26.2 5.62 2.55 26.95 0.56 33.01 3.21 2.20
Page

Table 21 Bench Wise Waste

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
Bench Wise Mineable Reserve

Sub Grade (Cao 34.0 -> 38.0)

Chemical Composition (%) Factor

Z Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

290.0 -> 300.0 232422 24.07 3.62 1.34 36.35 0.83 50.11 4.85 2.70

300.0 -> 310.0 337891 23.70 3.92 1.53 36.36 0.84 50.51 4.35 2.56

310.0 -> 320.0 873047 24.32 3.87 1.54 36.20 0.69 49.14 4.50 2.51

320.0 -> 330.0 1267578 24.08 3.81 1.54 36.33 0.63 49.82 4.50 2.47

330.0 -> 340.0 1031250 23.92 3.88 1.53 36.56 0.59 50.39 4.42 2.54

340.0 -> 350.0 837891 24.03 4.20 1.66 36.27 0.43 49.47 4.10 2.53

350.0 -> 360.0 1859375 24.77 3.94 1.64 36.10 0.56 48.09 4.44 2.40

360.0 -> 370.0 2501953 24.37 3.79 1.54 36.05 0.63 48.91 4.57 2.46

370.0 -> 380.0 3001953 23.95 3.63 1.46 36.38 0.64 50.32 4.71 2.49

380.0 -> 390.0 2599609 23.90 3.45 1.46 36.30 0.60 50.46 4.87 2.36

390.0 -> 400.0 2722656 23.80 3.49 1.48 36.30 0.59 50.61 4.79 2.36

400.0 -> 410.0 4339844 23.71 3.36 1.46 36.37 0.48 51.01 4.92 2.30

410.0 -> 420.0 4441406 23.16 3.39 1.55 36.34 0.43 52.02 4.69 2.19

420.0 -> 430.0 4494141 21.40 3.10 1.52 36.27 0.40 56.18 4.63 2.04

430.0 -> 440.0 4755859 19.13 2.54 1.36 36.35 0.34 63.28 4.91 1.87

440.0 -> 450.0 2467739 16.30 1.99 1.11 36.41 0.34 74.75 5.26 1.79

Total 37764614 22.49 3.30 1.47 36.31 0.50 53.54 4.71 2.24
44

Table 22 Bench Wise Mineable Reserve-Sub Grade

Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
Bench Wise Mineable Reserve

Cement Grade (Cao 38.0% Plus)

Chemical Composition (%) Factor

Z Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

290.0 -> 300.0 1361328 19.27 2.49 0.97 40.38 0.77 70.20 5.57 2.57

300.0 -> 310.0 2482422 18.65 2.43 0.97 41.01 0.72 73.60 5.49 2.51

310.0 -> 320.0 4109375 18.13 2.34 0.93 41.5 0.68 76.67 5.54 2.52

320.0 -> 330.0 6263672 17.63 2.29 0.92 41.94 0.68 79.64 5.49 2.49

330.0 -> 340.0 9720703 16.96 2.2 0.89 42.43 0.62 83.75 5.49 2.47

340.0 -> 350.0 12605469 15.98 2.06 0.84 43.13 0.56 90.38 5.51 2.45

350.0 -> 360.0 16779297 15.5 2.01 0.82 43.47 0.52 93.88 5.48 2.45

360.0 -> 370.0 20515625 15.38 1.93 0.81 43.62 0.47 95.10 5.61 2.38

370.0 -> 380.0 27300781 15.84 1.91 0.84 43.36 0.44 91.96 5.76 2.27

380.0 -> 390.0 34107422 15.95 1.9 0.85 43.27 0.42 91.18 5.80 2.24

390.0 -> 400.0 41238281 16.03 1.92 0.87 43.19 0.4 90.52 5.75 2.21

400.0 -> 410.0 48839844 16.08 1.91 0.88 43.13 0.39 90.14 5.76 2.17

410.0 -> 420.0 52886719 16.03 1.9 0.89 43.13 0.38 90.41 5.75 2.13

420.0 -> 430.0 51785156 15.69 1.86 0.9 43.27 0.35 92.63 5.68 2.07

430.0 -> 440.0 47789063 15.33 1.79 0.91 43.4 0.3 95.12 5.68 1.97

440.0 -> 450.0 23345467 15.35 1.75 0.95 43.29 0.28 94.80 5.69 1.84
45

Total 401130623 15.89 1.91 0.88 43.19 0.4 91.28 5.70 2.17
Table 23 Bench Wise Mineable Reserve- CaO 38% Plus
Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
Bench Wise Mineable Reserve

Chemical Composition (%) Factor

Z CaO % Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM
34.0 -> 36.0 78125 25.14 3.99 1.5 35.26 0.84 46.35 4.58 2.66
290.0 -> 300.0

36.0 -> 38.0 154297 23.53 3.44 1.25 36.89 0.83 52.14 5.02 2.75
38.0 -> 40.0 521484 20.46 2.61 0.99 39.22 0.77 64.28 5.68 2.64
40.0 -> 42.0 818359 18.6 2.42 0.96 41.03 0.78 73.85 5.50 2.52
42.0 -> 44.0 21484 15.91 2.17 0.82 43.59 0.78 91.50 5.32 2.65
Sub Total 1593750 19.97 2.65 1.02 39.79 0.78 66.64 5.44 2.60
34.0 -> 36.0 121094 25.47 4.79 1.92 34.85 0.9 44.56 3.80 2.49
300.0 -> 310.0

36.0 -> 38.0 216797 22.71 3.43 1.31 37.21 0.81 54.33 4.79 2.62
38.0 -> 40.0 732422 20.65 2.61 1.06 39.24 0.68 63.71 5.63 2.46
40.0 -> 42.0 1250000 18.64 2.44 0.96 41.09 0.74 73.78 5.48 2.54
42.0 -> 44.0 421875 15.95 2.18 0.89 43.19 0.73 90.34 5.20 2.45
44.0 -> 46.0 78125 14.56 1.91 0.78 44.48 0.61 102.19 5.41 2.45
Sub Total 2820313 19.25 2.61 1.04 40.45 0.73 70.16 5.27 2.51
34.0 -> 36.0 378906 25.19 4.15 1.64 35.3 0.8 46.15 4.35 2.53
36.0 -> 38.0 494141 23.65 3.65 1.46 36.89 0.6 51.61 4.63 2.50
310.0 -> 320.0

38.0 -> 40.0 988281 21.07 2.63 1.05 39.15 0.66 62.36 5.73 2.50
40.0 -> 42.0 1994141 18.88 2.44 0.96 40.99 0.73 72.72 5.55 2.54
42.0 -> 44.0 482422 16.45 2.14 0.85 42.95 0.65 87.41 5.50 2.52
44.0 -> 46.0 410156 13.52 1.74 0.76 44.95 0.5 111.25 5.41 2.29
46.0 -> 48.0 234375 10.84 1.66 0.71 46.81 0.71 142.83 4.57 2.34
Sub Total 4982422 19.21 2.61 1.04 40.57 0.68 70.50 5.26 2.51
34.0 -> 36.0 357422 25.36 4.08 1.59 35.07 0.86 45.63 4.47 2.57
36.0 -> 38.0 910156 23.58 3.7 1.52 36.83 0.54 51.60 4.52 2.43
320.0 -> 330.0

38.0 -> 40.0 1103516 21.12 2.68 1.08 39.19 0.67 62.21 5.62 2.48
40.0 -> 42.0 3177734 18.87 2.45 0.95 41.06 0.74 72.87 5.55 2.58
42.0 -> 44.0 765625 16.69 2.17 0.86 42.84 0.6 85.94 5.51 2.52
44.0 -> 46.0 513672 13.8 1.74 0.74 44.89 0.48 109.02 5.56 2.35
46.0 -> 48.0 625000 10.45 1.54 0.68 46.89 0.65 148.77 4.71 2.26
48.0 -> 50.0 78125 9.5 1.37 0.64 48.16 0.66 168.20 4.73 2.14
Sub Total 7531250 18.71 2.55 1.02 40.99 0.67 73.12 5.24 2.50
34.0 -> 36.0 191406 25.17 3.86 1.5 35.1 0.85 46.18 4.70 2.57
36.0 -> 38.0 839844 23.63 3.88 1.53 36.89 0.53 51.42 4.37 2.54
330.0 -> 340.0

38.0 -> 40.0 1355469 21.19 2.75 1.07 39.23 0.63 62.00 5.55 2.57
40.0 -> 42.0 4205078 18.84 2.41 0.95 41.11 0.7 73.13 5.61 2.54
42.0 -> 44.0 1796875 16.66 2.13 0.86 42.88 0.56 86.24 5.57 2.48
44.0 -> 46.0 861328 13.4 1.7 0.73 44.96 0.53 112.40 5.51 2.33
46.0 -> 48.0 1388672 10.37 1.5 0.65 46.95 0.51 150.34 4.82 2.31
48.0 -> 50.0 113281 9 1.44 0.66 48.18 0.55 176.30 4.29 2.18
46

Sub Total 10751953 17.62 2.36 0.95 41.87 0.62 79.39 5.32 2.48
Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
 Chemical Composition (%) Factor
Z CaO % Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM
34.0 -> 36.0 269531 24.74 4.82 1.84 35.03 0.63 46.00 3.71 2.62
36.0 -> 38.0 568359 23.69 3.91 1.57 36.86 0.34 51.22 4.32 2.49
340.0 -> 350.0

38.0 -> 40.0 994141 20.68 2.7 1.05 39.34 0.63 63.69 5.51 2.57
40.0 -> 42.0 4080078 18.79 2.41 0.95 41.09 0.66 73.28 5.59 2.54
42.0 -> 44.0 3392578 16.69 2.08 0.84 42.9 0.51 86.26 5.72 2.48
44.0 -> 46.0 1705078 13.42 1.69 0.73 44.93 0.56 112.20 5.55 2.32
46.0 -> 48.0 2148438 10.38 1.45 0.62 47.02 0.48 150.81 5.01 2.34
48.0 -> 50.0 285156 8.21 1.59 0.6 48.26 0.3 191.10 3.75 2.65
Sub Total 13443359 16.48 2.2 0.89 42.7 0.55 86.58 5.33 2.47
34.0 -> 36.0 789063 25.5 4.65 1.8 34.93 0.75 44.75 3.95 2.58
36.0 -> 38.0 1070313 24.23 3.41 1.51 36.96 0.42 50.73 4.92 2.26
350.0 -> 360.0

38.0 -> 40.0 1443359 20.74 2.79 1.09 39.31 0.67 63.33 5.35 2.56
40.0 -> 42.0 4382813 18.62 2.41 0.97 41.11 0.67 73.93 5.51 2.48
42.0 -> 44.0 4296875 16.8 2.02 0.84 42.88 0.44 85.81 5.87 2.40
44.0 -> 46.0 2640625 13.47 1.72 0.72 44.92 0.49 111.70 5.52 2.39
46.0 -> 48.0 3388672 10.43 1.47 0.61 47.04 0.44 150.12 5.01 2.41
48.0 -> 50.0 626953 8.63 1.44 0.59 48.31 0.3 184.06 4.25 2.44
Sub Total 18638672 16.42 2.2 0.9 42.74 0.52 86.95 5.30 2.44
34.0 -> 36.0 1226563 25.17 4.32 1.69 35.03 0.72 45.69 4.19 2.56
36.0 -> 38.0 1275391 23.6 3.28 1.4 37.03 0.55 52.26 5.04 2.34
360.0 -> 370.0

38.0 -> 40.0 1845703 21.18 2.74 1.1 39.27 0.67 62.08 5.52 2.49
40.0 -> 42.0 4990234 18.81 2.36 0.99 40.96 0.63 73.02 5.61 2.38
42.0 -> 44.0 4921875 16.81 1.94 0.84 42.9 0.39 85.97 6.05 2.31
44.0 -> 46.0 3251953 13.59 1.63 0.72 44.92 0.45 111.07 5.78 2.26
46.0 -> 48.0 4341797 10.45 1.46 0.6 47.09 0.36 150.10 5.07 2.43
48.0 -> 50.0 1164063 8.88 1.42 0.57 48.36 0.26 179.71 4.46 2.49
Sub Total 23017578 16.36 2.13 0.89 42.79 0.49 87.51 5.42 2.39
34.0 -> 36.0 1150391 24.31 4.04 1.58 35.24 0.8 47.71 4.33 2.56
36.0 -> 38.0 1851563 23.73 3.37 1.39 37.09 0.55 52.00 4.99 2.42
370.0 -> 380.0

38.0 -> 40.0 2824219 21.21 2.61 1.14 39.22 0.59 62.05 5.66 2.29
40.0 -> 42.0 7388672 18.98 2.31 1.02 40.95 0.6 72.44 5.70 2.26
42.0 -> 44.0 6460938 17.11 1.83 0.86 42.83 0.35 84.60 6.36 2.13
44.0 -> 46.0 3875000 13.63 1.59 0.72 44.94 0.4 110.94 5.90 2.21
46.0 -> 48.0 5552734 10.46 1.47 0.6 47.08 0.35 149.88 5.05 2.45
48.0 -> 50.0 1199219 8.96 1.36 0.54 48.42 0.2 179.04 4.72 2.52
Sub Total 30302734 16.64 2.08 0.91 42.66 0.46 85.94 5.57 2.29
34.0 -> 36.0 988281 24.37 3.81 1.59 35.14 0.72 47.64 4.51 2.40
380.0 -> 390.0

36.0 -> 38.0 1611328 23.61 3.23 1.38 37.01 0.54 52.26 5.12 2.34
38.0 -> 40.0 3427734 21.24 2.62 1.09 39.27 0.6 62.07 5.73 2.40
47

40.0 -> 42.0 9839844 18.94 2.23 1 41.05 0.52 72.90 5.86 2.23
42.0 -> 44.0 8345703 16.93 1.8 0.88 42.87 0.37 85.57 6.32 2.05
Page

44.0 -> 46.0 4798828 13.51 1.59 0.73 44.98 0.32 111.95 5.82 2.18

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
 Chemical Composition (%) Factor
Z CaO % Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM
46.0 -> 48.0 6410156 10.5 1.48 0.61 47.08 0.34 149.26 5.02 2.43
48.0 -> 50.0 1285156 8.95 1.32 0.57 48.29 0.28 178.93 4.74 2.32
Sub Total 36707031 16.51 2.01 0.9 42.78 0.43 86.98 5.67 2.23
34.0 -> 36.0 1060547 24.13 4.04 1.67 35.08 0.71 47.78 4.23 2.42
36.0 -> 38.0 1662109 23.59 3.14 1.36 37.08 0.51 52.49 5.24 2.31
390.0 -> 400.0

38.0 -> 40.0 4003906 21.09 2.68 1.13 39.27 0.51 62.38 5.54 2.37
40.0 -> 42.0 12253906 18.9 2.25 0.99 41.11 0.53 73.13 5.83 2.27
42.0 -> 44.0 10378906 16.74 1.81 0.9 42.88 0.34 86.46 6.18 2.01
44.0 -> 46.0 6248047 13.54 1.6 0.74 44.9 0.27 111.47 5.79 2.16
46.0 -> 48.0 7089844 10.63 1.45 0.6 47.05 0.33 147.65 5.19 2.42
48.0 -> 50.0 1263672 9.01 1.32 0.58 48.29 0.27 177.78 4.74 2.28
Sub Total 43960938 16.51 2.01 0.9 42.76 0.41 86.94 5.67 2.23
34.0 -> 36.0 1468750 24.37 3.77 1.62 34.99 0.62 47.45 4.52 2.33
36.0 -> 38.0 2871094 23.37 3.16 1.38 37.08 0.41 52.92 5.15 2.29
400.0 -> 410.0

38.0 -> 40.0 4349609 20.8 2.59 1.13 39.22 0.54 63.23 5.59 2.29
40.0 -> 42.0 14416016 18.94 2.25 1 41.1 0.49 72.95 5.83 2.25
42.0 -> 44.0 13035156 16.73 1.85 0.93 42.83 0.36 86.30 6.02 1.99
44.0 -> 46.0 8390625 13.37 1.59 0.74 44.95 0.28 112.96 5.74 2.15
46.0 -> 48.0 7580078 10.81 1.4 0.62 46.99 0.3 145.38 5.35 2.26
48.0 -> 50.0 1068359 8.97 1.29 0.57 48.33 0.14 178.94 4.82 2.26
Sub Total 53179688 16.7 2.03 0.93 42.58 0.4 85.57 5.64 2.18
34.0 -> 36.0 1460938 22.76 3.67 1.59 35.03 0.52 50.70 4.33 2.31
36.0 -> 38.0 2980469 23.35 3.25 1.53 36.98 0.39 52.67 4.88 2.12
410.0 -> 420.0

38.0 -> 40.0 4853516 20.37 2.57 1.16 39.25 0.51 64.53 5.46 2.22
40.0 -> 42.0 15248047 18.88 2.28 1.01 41.08 0.49 73.08 5.74 2.26
42.0 -> 44.0 14119141 16.68 1.86 0.92 42.87 0.38 86.61 6.00 2.02
44.0 -> 46.0 9558594 13.51 1.54 0.76 44.95 0.28 111.99 5.87 2.03
46.0 -> 48.0 7982422 10.83 1.35 0.65 46.97 0.23 145.24 5.42 2.08
48.0 -> 50.0 1125000 8.7 1.39 0.59 48.37 0.11 183.33 4.39 2.36

Sub Total 57328125 16.58 2.02 0.94 42.61 0.38 86.22 5.60 2.15

34.0 -> 36.0 1769531 20.56 3.51 1.49 35.05 0.51 55.92 4.11 2.36
36.0 -> 38.0 2724609 21.95 2.83 1.53 37.07 0.33 56.34 5.03 1.85
420.0 -> 430.0

38.0 -> 40.0 4636719 19.38 2.46 1.2 39.21 0.47 67.67 5.30 2.05
40.0 -> 42.0 13773438 18.69 2.23 1.01 41.11 0.47 73.91 5.77 2.21
42.0 -> 44.0 14527344 16.52 1.9 0.93 42.9 0.38 87.37 5.84 2.04
44.0 -> 46.0 9125000 13.65 1.49 0.75 44.97 0.21 111.13 6.09 1.99
46.0 -> 48.0 8115234 10.69 1.33 0.71 47.01 0.23 147.08 5.24 1.87
48

48.0 -> 50.0 1607422 8.56 1.39 0.62 48.36 0.04 185.92 4.26 2.24
Page

Sub Total 56279297 16.14 1.96 0.95 42.71 0.35 88.75 5.55 2.06

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
 Chemical Composition (%) Factor
Z CaO % Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM
34.0 -> 36.0 1699219 18.74 2.96 1.36 34.95 0.36 61.48 4.34 2.18
36.0 -> 38.0 3056641 19.35 2.31 1.36 37.13 0.33 64.25 5.27 1.70
430.0 -> 440.0

38.0 -> 40.0 4697266 18.44 2.26 1.16 39.29 0.38 71.37 5.39 1.95
40.0 -> 42.0 11365234 18.47 2.18 1.02 41.06 0.41 74.72 5.77 2.14
42.0 -> 44.0 13355469 16.46 1.87 0.96 42.88 0.34 87.66 5.82 1.95
44.0 -> 46.0 8257813 13.84 1.4 0.78 44.96 0.18 109.90 6.35 1.79
46.0 -> 48.0 8105469 10.45 1.33 0.74 47.11 0.21 150.46 5.05 1.80
48.0 -> 50.0 2007813 8.64 1.39 0.65 48.31 0.05 184.01 4.24 2.14
Sub Total 52544922 15.67 1.86 0.95 42.76 0.3 91.59 5.58 1.96
34.0 -> 36.0 814213 15.2 2.03 1.02 35.09 0.37 76.92 4.98 1.99
36.0 -> 38.0 1653526 16.84 1.96 1.15 37.06 0.33 73.81 5.41 1.70
440.0 -> 450.0

38.0 -> 40.0 2444778 17.46 2.11 1.08 39.13 0.38 75.13 5.47 1.95
40.0 -> 42.0 5735687 18.45 2.08 1.04 41.08 0.39 74.98 5.91 2.00
42.0 -> 44.0 6919109 16.44 1.86 1.05 42.9 0.28 87.71 5.65 1.77
44.0 -> 46.0 3468296 13.82 1.37 0.81 44.99 0.16 110.16 6.34 1.69
46.0 -> 48.0 3776264 10.41 1.32 0.75 47.16 0.2 151.19 5.03 1.76
48.0 -> 50.0 1001331 8.86 1.23 0.73 48.29 0.04 180.63 4.52 1.68
Sub Total 25813206 15.44 1.78 0.97 42.63 0.28 92.75 5.61 1.84

Grand Total 438895237 16.46 2.03 0.93 42.6 0.41 86.78 5.56 2.18

Table 24 Bench Wise Mineable Reserve

5.4 Mineable Reserve as on 01.04.2022

After Depletion mineable reserve as on 01-04-2022 is as below:

Chemical Composition (%) Factor

Category CaO (%) Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

Waste 0.0 -> 34.0 34934685 26.28 5.66 2.57 26.83 0.58 32.75 3.19 2.20

Subgrade 34.0 -> 38.0 35756001 22.69 3.39 1.45 36.29 0.52 53.00 4.69 2.34

Cement
38.0 Plus 356622330 16.07 1.95 0.88 43.09 0.42 90.02 5.68 2.22
Grade

Sub Total 34.0 Plus 392378331 16.67 2.08 0.93 42.47 0.43 85.39 5.54 2.24
49

Table 25 Mineable Reserve as on 01.04.2022

Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
Bench Wise Mineable Reserve as on 01.04.2022

Sub Grade (Cao 34.0 -> 38.0)

Chemical Composition (%) Factor

Z Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

290.0 -> 300.0 232422 24.07 3.62 1.34 36.35 0.83 50.11 4.85 2.70

300.0 -> 310.0 337891 23.7 3.92 1.53 36.36 0.84 50.51 4.35 2.56

310.0 -> 320.0 873047 24.32 3.87 1.54 36.2 0.69 49.14 4.50 2.51

320.0 -> 330.0 1267578 24.08 3.81 1.54 36.33 0.63 49.82 4.50 2.47

330.0 -> 340.0 1031250 23.92 3.88 1.53 36.56 0.59 50.39 4.42 2.54

340.0 -> 350.0 837891 24.03 4.2 1.66 36.27 0.43 49.47 4.10 2.53

350.0 -> 360.0 1859375 24.77 3.94 1.64 36.1 0.56 48.09 4.44 2.40

360.0 -> 370.0 2501953 24.37 3.79 1.54 36.05 0.63 48.91 4.57 2.46

370.0 -> 380.0 3001953 23.95 3.63 1.46 36.38 0.64 50.32 4.71 2.49

380.0 -> 390.0 2599609 23.9 3.45 1.46 36.3 0.6 50.46 4.87 2.36

390.0 -> 400.0 2722656 23.8 3.49 1.48 36.3 0.59 50.61 4.79 2.36

400.0 -> 410.0 4339844 23.71 3.36 1.46 36.37 0.48 51.01 4.92 2.30

410.0 -> 420.0 4375000 23.15 3.42 1.54 36.32 0.43 51.99 4.67 2.22

420.0 -> 430.0 4269531 21.3 3.19 1.44 36.24 0.42 56.33 4.60 2.22

430.0 -> 440.0 3613281 19.26 2.75 1.23 36.29 0.43 62.60 4.84 2.24

440.0 -> 450.0 1892719 16.12 2.11 0.96 36.38 0.42 75.40 5.25 2.20

Total 35756001 22.69 3.39 1.45 36.29 0.52 53.00 4.69 2.34
50

Table 26 Bench Wise Mineable Reserve (Sub Grade) as on 01.04.2022

Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
Bench Wise Geological Resource as on 01.04.2022

Cement Grade (Cao 38.0% Plus)

Chemical Composition (%) Factor

Z Tonnage
SiO2 Al2O3 Fe2O3 CaO MgO LSF SM AM

290.0 -> 300.0 1361328 19.27 2.49 0.97 40.38 0.77 70.20 5.57 2.57

300.0 -> 310.0 2482422 18.65 2.43 0.97 41.01 0.72 73.60 5.49 2.51

310.0 -> 320.0 4109375 18.13 2.34 0.93 41.5 0.68 76.67 5.54 2.52

320.0 -> 330.0 6263672 17.63 2.29 0.92 41.94 0.68 79.64 5.49 2.49

330.0 -> 340.0 9720703 16.96 2.2 0.89 42.43 0.62 83.75 5.49 2.47

340.0 -> 350.0 12605469 15.98 2.06 0.84 43.13 0.56 90.38 5.51 2.45

350.0 -> 360.0 16779297 15.5 2.01 0.82 43.47 0.52 93.88 5.48 2.45

360.0 -> 370.0 20515625 15.38 1.93 0.81 43.62 0.47 95.10 5.61 2.38

370.0 -> 380.0 27300781 15.84 1.91 0.84 43.36 0.44 91.96 5.76 2.27

380.0 -> 390.0 34107422 15.95 1.9 0.85 43.27 0.42 91.18 5.80 2.24

390.0 -> 400.0 41238281 16.03 1.92 0.87 43.19 0.4 90.52 5.75 2.21

400.0 -> 410.0 48589844 16.07 1.9 0.88 43.14 0.39 90.23 5.78 2.16

410.0 -> 420.0 48697266 16.02 1.92 0.89 43.15 0.38 90.46 5.70 2.16

420.0 -> 430.0 38441406 16 1.93 0.9 43.09 0.37 90.41 5.65 2.14

430.0 -> 440.0 30320313 16.04 1.93 0.92 42.9 0.33 89.77 5.63 2.10

440.0 -> 450.0 14089127 16.38 1.91 0.97 42.57 0.32 87.33 5.69 1.97
51

Total 356622330 16.07 1.95 0.88 43.09 0.42 90.02 5.68 2.22
Table 27 Bench Wise Mineable Reserve (CaO 38% Plus) as on 01.04.2022
Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
6.0 Annexures

1. Surface Plan

2. Bore Hole Location Plan

3. Borehole Logs

4. Geological Plan

5. Geological Sections

6. Slice Plans

52Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE
 53Page

DEPOSIT MODELING AND RESERVE ESTIMATION BY SURPAC

| BHATKOTARI LIMESTONE MINE