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LM Mine
LM Mine
Country China 
Province Henan
Close to Zhenzhou
Status MINE DEVELOPMENT 
Latitude / Longitude 34 N 08 / 111 E 17
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Produces
Develops Silver -
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Risk and valuation analysis of the LM Mine
Status Risk : Mine development
Country Risk : Important
Title(s) of the LM Mine
Silvercorp Metals Inc.
Owner: 70%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
The HPG Project is 100% owned by Henan Huawei Mining Co. Ltd., a sino-foreign cooperative JV company owned 70% by Silvercorp (through a wholly owned Chinese subsidiary) and 30% by Luoning Huatai Mining Development Co. Ltd. (a private company). The cost to acquire the mine was approximately US$6.85-million.
Location of the LM Mine
Located directly southeast of the Ying mine (240 km southwest of Zhenzhou, the capital city of Henan Province in central China), the LM mine operates under a mining permit covering an area of 3.07 km2.
 
History of the LM Mine
Mining and exploration activities began in 2005 and the LM mine was producing approx. 300 tonnes of ores per day by 2007. No resource was estimated as the previous operator was only interested in mining any ore shoots found along the veins. Most mi more...
 
Geology of the LM Mine
The LM mining permit area is underlain by a highly metamorphosed basement of Archean-aged mafic to felsic gneisses, similar to the Ying and HPG project areas. At least 8 mineralized vein structures have been identified and mapped in the LM area to da more...
 
Resources targeted of the LM Mine
Silver -
Location
Data last updated on : 10/23/2008
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.