Supply of Mineral Rights
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. | ||
| Reserves/grade | Mining Area A
Mining Area B
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| 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. | |||
| Others | 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.
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| 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 | |||
| Keywords | ||||
| Listing | ||||
| 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 | ericwang@shumx.com | |||