Risk and valuation analysis of the TLP Mine |
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Title(s) of the TLP Mine |
| Silvercorp Metals Inc. Interest: 77.5% |
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Title | Company Profile | All Projects | Company website | Company project page |
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The TLP Project is 100% owned by Henan Found Mining Ltd., a sino-foreign cooperative JV company owned 77.5% by Silvercorp (through a wholly owned Chinese subsidiary) and 22.5% by the Henan Non-Ferrous Geological & Mineral Resources Co. Ltd. The cost to acquire the mine was approximately US$22-million. |
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Location of the TLP Mine |
Located directly east of the Ying mine (240 km southwest of Zhenzhou, the capital city of Henan Province in central China), the TLP mine operates under a mining permit covering an area of 3.3 km2 from surface at 1,140 m elevation to a depth of 700 m with an overlapping exploration permit that covers the area below 700 m elevation
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History of the TLP Mine |
Small scale mining activities started many years before 1993 when the local geological brigade, the No. 6 Team, began to systematically explore at the TLP Mine. By 2005, the TLP Mine was being operated at a capacity of 100 to 450 tonnes or ore per d more...
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Geology of the TLP Mine |
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The geology of the TLP deposit is similar to that of the Ying, HPG and LM mines, typified by high-grade mesothermal lead-zinc veins rich in silver and hosted in Achaean gneissic rocks. However, the TLP veins systems are much wider than any of the oth more...
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