| Risk and valuation analysis of the CHANGKENG Project |
| Status Risk : Advanced discovery |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Title(s) of the CHANGKENG Project |
 | Minco Gold Corporation
Interest: 100% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| 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...
|
| |
|
|
