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BYP Project
BYP
Country
China
Status
PRODUCTION
Surface
4 km² / 907 acres
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Risk and valuation analysis of the BYP Project
Status Risk : Production
Country Risk : Important
Resource Risk : 30.00%
In situ value
596,585,923 $
Title(s) of the BYP Project
Silvercorp Metals Inc.
Owner: 70%
Title
Company Profile
All Projects
Company website
Company project page
Nov 8, 2010 Silvercorp Metals Inc. has signed a share purchase agreement and a Sino-Foreign cooperative joint venture contract to acquire a 70% equity interest in Yunxiang Mining Co. Ltd. (“Yunxiang”), a local private mining company in Hunan Province
more...
Location of the BYP Project
The BYP Gold-Lead-Zinc (“Au-Pb-Zn”) Mine is located 220 km southwest, or a 3 hour drive, from Changsha, Hunan’s capital city.
History of the BYP Project
The BYP mine has a mining permit covering 3.67 km2, a safety production permit, and a 400 tonne per day (“t/d”) floatation mill. The mine and mill has been in production since 2006 and has mined and processed about 300,000 tonnes of “lower grade” lea
more...
Reserves and resources of the BYP Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Indicated
2,141,750
3.27
225 168
Mesured and Indicated
2,141,750
3.27
225 168
Inferred
2,819,830
2.29
207 611
Total
4 961 580
432 779
Definitions
Reserves and resources of the BYP Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
432 779
225 168
225 168
207 611
oz
591 911 909 US$
Production history
Metal
2011
GOLD (oz)
26,000
Reserves and Resources
7/5/2011
Reports Resources Estimate on the BYP Gold-Lead-Zinc Propert...
Exploration and drilling
8/16/2012
Reports Resource Update for Its BYP Mine in Hunan Province, ...
2/4/2011
Closes Acquisition Of BYP Gold-Lead-Zinc Mine In Hunan Pro...
11/10/2010
To Acquire BYP Gold-Lead-Zinc Mine In Hunan Province, China
Discoveries and Drilling Results
5/5/2011
Diamond Drilling Intercepts 69.5 Metres Grading 5 g/t Gold a...
Data last updated on : 7/20/2011
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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