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A Fluorite Mine Transfer in Heibei

Shanghai International Mining Exchange

Project Information
Project No.   20170110382820
Project Name   A Fluorite Mine Transfer in Heibei
Project Classification Property Right of Mining Company
Location   Heibei
Minerals   Fluorite
Project Information Mining area   0.64km2 (another 1.9328km2 expanding has been applied)
Reserves/grade   

Till the February of 2014, the resources are shown below:

122b+333:

Ores: 170.10kt, average grade of CaF2: 49.69%, extent of CaF2: 84.52kt;

Including 122b:

Ores: 64.50kg, average grade of CaF2: 58.19%, extent of CaF2: 37.53kt;

333:

Ores: 105.60kt, average grade of CaF2: 44.50%, extent of CaF2: 46.99kt.

Mining method   Underground Mining
Supporting facilities   
Others

The project is located in Hebei, 19km away from the county. The transportation is convenient here that it is 3km from the highway and the railway is also cross the area.

Rich labor, electricity and water.

The minerogenetic condition is good.

Got the mining license in 2010, carrying out adit engineering.

Progress   Purchased the mine in 2012; engaged in mine development. The mine is now in the construction period, got the Safety Production License, with some simple production facilities, and the profits are not coming yet. The project is now with complete procedures and mining high-graded ores. The project company is now handle with the expanding of the mining area to increase the reserves of fluorite and over 10,000kt silicon with high grade.
Cooperation   Full transfer or JV, and the fund for production need to be paid by JV partner on account.
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