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Pele Mountain Res.
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)
:
Announces Major Increase in Uranium and Rare Earth Resources at Eco Ridge
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Announces Major Increase in Uranium and Rare Earth Resources at Eco Ridge
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Eastern Dragon Project
Eastern Dragon
Country
China
Province
Heilongjang
Status
MINE DEVELOPMENT
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Risk and valuation analysis of the Eastern Dragon Project
Status Risk : Mine development
Country Risk : Important
Resource Risk : 60.00%
In situ value
2,060,239,780 $
Title(s) of the Eastern Dragon Project
Eldorado Gold Corporation
Owner: 72%
Title
Company Profile
All Projects
Company website
Company project page
Agreements signed to acquire an effective 72% interest in Eastern Dragon Lode 5 in Heilongjiang Province, China at a cost of US$90 million, subject to various conditions precedent. ?? Acquisition of 72% interest, achieved through the acquisition o
more...
History of the Eastern Dragon Project
Eastern Dragon Lode 5 was initially discovered by the Heilongjiang Nonferrous Metals Geology and Exploration Brigade 707 in 1999.
Geology of the Eastern Dragon Project
Eastern Dragon Lode 5 is a high-grade, low-sulphidation epithermal gold-silver deposit which has been tested by extensive trenching, diamond drilling and underground development.
Reserves and resources of the Eastern Dragon Project
Tonnage
Grade
Reserves and resources
Silver
Gold
Silver
Gold
g/t
g/t
oz
oz
Proven and Probable
1,963,000
70.00
8.40
4 417 834
530 140
Measured
600,000
83.00
11.20
1 601 107
216 053
Indicated
1,600,000
73.00
7.20
3 755 207
370 377
Mesured and Indicated
2,200,000
75.73
8.29
5 356 314
586 430
Inferred
1,200,000
50.00
5.00
1 929 045
192 904
Total
5 363 000
11 703 193
1 309 474
Definitions
Reserves and resources of the Eastern Dragon Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
1 309 474
530 140
216 053
370 377
586 430
192 904
oz
1 790 967 846 US$
Silver
11 703 193
4 417 834
1 601 107
3 755 207
5 356 314
1 929 045
oz
253 842 262 US$
Exploration and drilling
12/7/2010
(Eldorado Gold)
China Update: White Mountain Exploration Results (20.5M @8.7...
3/11/2009
(Sino Gold)
Eastern Dragon Announcement - March 2009
12/12/2007
(Sino Gold)
- Major Acquisition & Placement
Discoveries and Drilling Results
2/3/2009
(Sino Gold)
Initial Eastern Dragon Jorc Ore Resource and Reserve
1/30/2009
(Sino Gold)
Low cost Eastern Dragon resource - third gold mine for Sino ...
Data last updated on : 1/29/2009
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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