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Gold mine JV project in Mongolia

Shanghai International Mining Exchange

Project Information
Project No.   20170310383050
Project Name   Gold mine JV project in Mongolia
Project Classification Equity of mining company
Location   Mongolia
Minerals   gold
Project Information Mining area   Mining area A: 457.3 ha. Mining area B: 497.9 ha.

Mining Area A

  • Reserve: 10.8t
  • Grade: 1.0g/t

Mining Area B

  • Reserve: 1.054t
  • Grade: 0.7-1.9g/t
Mining method   Open-pit Mining
Supporting facilities   - A campsite was built by the project company, which can hold 100 people. So it is able to support the operation of the two deposits. - The electricity currently is from diesel. The project company plans to built a electricity connected with the transmission 30km away to support the development of deposit B. - The 3 deep wells can satisfy the usual operation of the mine.

The project company aims to find investors to expand the business scale, and look for funds and technology to carry out the future development of gold mine.

The gold mine project is consist with deposit A and deposit B, which is located in the northeast of Mongolia. 680km to Ulan Bator and 180km to Choibalsan.

The project company plans to develop project B, which is estimated to be 853.6kg gold reserves by Mineral Resources Authority of Mongolia.


Progress   According to the licenses, 9,955.7m drillings are completed. In 2005, - 10 drills of a total length of 1,553m In 2012, - Detailed prospecting of project A has been done, and the detailed evaluation according to the Mineral Resources Authority of Mongolia is completed. In 2013, - 3 test drills (300m, 150m, 150m).
Cooperation   JV
Quoted Price   
Deadline   2016-04-26 to 2017-04-26
Address    Zip Code   
Name   Eric Wang Website   www.shumx.com
Telephone   +86-21-66283339 Fax   
Mobile phone    E-mail   ericwang@shumx.com

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