Gold deposit in the Magadan region, Russia

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Russia
Mining industry
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959
  • Gold deposit in the Magadan region, Russia
  • Gold deposit in the Magadan region, Russia
    Gold deposit in the Magadan region, Russia
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    Gold deposit in the Magadan region, Russia, is for sale. The lot includes a 100% share of the LLC, which has a license until 2033 for geological study, exploration and mining of ore gold. A number of studies were carried out on the site, with a recommendation from Magadannedra to continue exploration work. Mining has not started.

    Field capacity:

    • P2 forecasts — 70 tons (total minimum resources of the ore field).
    • C2 reserves — 576 kg (preliminary, not approved).
    • Cut-off gold grades for delineating the ore body by thickness — 1.0 g/t
    • Minimum thickness of the ore body — 3.0 m

    The site has a favorable structural environment (for exapmle, there is no arsenic).

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