New Shao Lake Creek Mine submit more than 70,000 tons of tungsten resources

By the Hunan Provincial Bureau of Geology and 407 team compiled "Xinshao County, Hunan Lake Creek mine tungsten ore exploration Report" recently successfully filing, submitted 70,400 tons of tungsten resources, the scale of large deposits. It is the Hunan Province since 2000 through the filing of the first non-ferrous mineral exploration reports.

Xinshao County Lake Creek tungsten ore mine in Hunan Province Bureau of Geology and Exploration Team 407 commercial geological prospecting projects signed in 2010, which lasted four years, the project team completed the field work from a detailed investigation into the exploration, geological completed 1:2000

measuring 2.15 square kilometers, 34 construction drilling, drilling footage 13358.05 m, 4-hole hydrological tests, beneficiation test 4. Deposits type stratabound skarn tungsten deposits, skarn ore type of carbonate rock type and skarn ore Clastic rock type ore. Mining engineering exposing single largest tungsten mineralization over 19 layers, each layer in both mineralized ore distribution. Exploration report which 12 mineralized layers are numbered and estimated the amount of ore resources, a total of 57 ore body delineation, ore body thickness of 0.64 m ~ 17.56 m, with an average grade of 0.367%, the amount of 19.16 million tons of tungsten ores submitted, 70,400 tons of tungsten resources. Expected mine life of 17 years, the potential economic value of the total of about 80 billion.


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