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CHANGKENG Project
CHANGKENG
Country
China
Province
Guangzhou
Close to
Gaoyao county
Status
ADVANCED DISCOVERY
Latitude / Longitude
23 N 0 / 112 E 48
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Gold - Silver -
Risk and valuation analysis of the CHANGKENG Project
Status Risk : Advanced discovery
Country Risk : Important
Resource Risk : 32.00%
In situ value
1,450,060,311 $
Title(s) of the CHANGKENG Project
Minco Gold Corporation
Interest: 100%
Title
Company Profile
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Guangzhou Minzhong Mining Co., Ltd. ("Minzhong"), a cooperative joint-venture established among Minco Mining (China) Co., Ltd. ("Minco China"), Guangdong Geological Exploration Corporation ("GGEC"), and two private Chinese companies to jointly explore and develop the Changkeng Gold Property, has signed a purchase agreement to buy a 100% interest in the exploration permit
Location of the CHANGKENG Project
The Changkeng gold deposit is located approximately 45 km southwest of Guangzhou, the fourth largest city in China with 13 million people and the capital city of Guangdong Province. The project is adjacent to Minco Silver Corporation's world-class Fuwan Silver deposit and situated close to well established water, power, and transportation infrastructure.
History of the CHANGKENG Project
Gold was discovered at Changkeng in early 1990 by systematic follow up of stream sediment and soil geochemical anomalies identified from surveys completed by the Guangdong Provincial government. Illegal, small scale mining began in 1991 and removed m
more...
Geology of the CHANGKENG Project
The Changkeng-Fuwan gold and silver deposits occur within the Sanzhou basin, which is a triangular-shaped, Upper Paleozoic fault-bounded basin. Upper Paleozoic and Mesozoic sedimentary units are folded into an open syncline with a northeast-trending
more...
Reserves and resources of the CHANGKENG Project
Tonnage
Grade
Reserves and resources
Silver
Gold
Silver
Gold
g/t
g/t
oz
oz
Indicated
3,961,000
11.20
4.89
1 426 310
622 737
Mesured and Indicated
3,961,000
11.20
4.89
1 426 310
622 737
Inferred
4,001,000
9.50
3.01
1 222 034
387 192
Total
7 962 000
2 648 344
1 009 929
Definitions
Reserves and resources of the CHANGKENG Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
1 009 929
622 737
622 737
387 192
oz
1 373 099 328 US$
Silver
2 648 344
1 426 310
1 426 310
1 222 034
oz
58 925 650 US$
Discoveries and Drilling Results
3/25/2009
Reports a 65% Increase in the Indicated Gold Resources at Ch...
3/2/2009
Releases Final Assay Results From 2008 Drill Program at Chan...
2/20/2009
Minco Continues to Release Excellent Drill Results From Chan...
2/11/2009
Announces Initial Changkeng Drill Results and Extension of M...
3/12/2008
Announces Initial Resource Estimate for Changkeng Gold Proje...
3/10/2008
Announces Assay Results for Changkeng
3/6/2008
Receives Government Approvals for the Changkeng Gold Project
Location
Data last updated on : 3/25/2009
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