The mining licence allows the following mineral reserves:

grade of tin 0.40~2.18%

Recoverable resource and reserve in the scale of mining right license is shown below:

Grade of Tin: 0.4-2.18%

-          The mining licence was issued by the Ministry of Land and Resources in April 2012, and valid until April 2021.

-          Prime assets: 1 right of mining, 2 rights of prospecting and sophisticated mining equipments.

-          There are several cement roads in this area as well as several tributaries of Xiang River located in the upstream areas go through the outside of working area. So the transportation here is very convenient.

-          The facilities of production and living facilities are well-equipped which has the production capacity of 800-1,000 tons per day.

-          Mineralized zone: 900m in length, 800m in width;

-          Vein: 490-890m in length, 0.20-22m in thickness, deepening 49-323m.

-          Thickness of the ore bodies: 1.07-1.80m

-          It is estimated that prospective resources of Grade A-1 can be reached to 7,000-8,000 tons as well as the prospective resources of Grade A-2 is of 12516t Tin and 3,168t tungsten in present condition.

The strategic cooperation intentions with companies who own the exploration rights in surrounding mining areas have been made.