Ore gold deposit complex in the Magadan Region, Russia

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Russia
Mining industry
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51
  • Ore gold deposit complex in the Magadan Region, Russia
  • Ore gold deposit complex in the Magadan Region, Russia
    Ore gold deposit complex in the Magadan Region, Russia
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    A complex of ore gold deposits in the Magadan Region, Russia, is for sale. The complex comprises three licensed areas and is being sold as a single lot. The close proximity of the sites allows for processing ore from all deposits at a single gold recovery plant (GRP). The primary deposit is ready for mining.

    Deposit 1:

    • License type — BR (Mining & Exploration)
    • Reserves: C1+C2 (GKZ-approved) — 10 t
    • Off-balance resources (C2) — 2 t
    • Inferred resources (P1+P2) > 8 t
    • Average gold grade — 2.5 g/t
    • Site area — 9 sq. km

    Work completed:

    • Open-pit mine opened, main site areas prepared
    • Feasibility study for provisional exploration parameters approved
    • Exploration conducted, reserves confirmed
    • Water supply and dirt road access available

    GRP processing flow sheet:

    • Staged crushing/grinding with gravity separation
    • Standard sorption cyanidation of gravity tailings
    • Intensive sorption cyanidation following regrinding of gravity concentrate
    • Elution, Au/Ag electrolysis, and production of doré alloy

    Deposit 2:

    • License type — BP (Exploration)
    • Inferred resources (P2+P3) > 30 t
    • Site area — 30 sq. km

    Deposit 3:

    • License type — BP (Exploration)
    • Estimated resources (P1+P2+P3) > 10 t
    • Site area: 68 sq. km

    The presentation and key documents will be provided strictly after an NDA is signed. Negotiations and site due diligence will take place strictly after proof of funds is provided.

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