Copper deposit in Kazakhstan

A copper deposit in Aktobe region, Republic of Kazakhstan, is for sale. An exploration license has been obtained.

Location:

Geomorphologically, the area including the deposit is represented by a series of small hills separated by flat areas. A railway line extends to the processing plant, located to the east, the distance to the deposit is 9 km. To the south of the planned site, at a distance of 5 km, there is also a railway line (the distance to the station is 20 km). All settlements and enterprises in the territory receive electricity from the South Ural Ring Power System, which is located in close proximity to the site.

The deposit was assessed in 1968-1970. Several lens-shaped ore bodies of submeridional strike have been identified at the deposit, composed of vein-disseminated predominantly copper ores. Industrial vein-disseminated copper-zinc mineralization has been uncovered by boreholes at depths of 30-150 m in the central part of the alteration zone. The main ore body of the deposit has a thickness of 0.3 m to 33.7 m, has been traced along the strike for 400 m, along the dip for 100-150 m, and has an outcrop on the surface. According to chemical analysis, the average copper content in the deposit is 1.78% and sulfur 7.26%. The main ore-forming minerals are pyrite, chalcopyrite, sphalerite, less often covellite and chalcocite. Non-metallic minerals are quartz, chlorite, carbonates.

The deposit was assessed for reserves in category C2 (category Indicated according to JORC) with a cutoff copper grade of 0.7%, which amounted to ore - 1,485.0 thousand tons and copper - 26.5 thousand tons (with an average grade of 1.78%). Zinc reserves were not taken into account, although during the work the appearance of significant zinc ores in the pinching of ore bodies along the strike was established. The scale of the deposit may increase due to the assessment of the southern flank, where drilling operations have not been carried out, but where the primary outcrops of dikes and stock-like bodies of liparites are known, which at depth may play the role of ore-localizing collectors. 

Completed and planned work:

1. In 2024, an exploration license was obtained;
2. Collected and interpreted stock materials for verification drilling operations;
3. Developed and approved an exploration plan, project work program, estimate;
4. An environmental permit (EIA) was obtained to conduct exploration under the exploration license;
5. Verification drilling with core sampling was carried out;
6. An environmental permit (EIA) for the extraction of solid minerals has been received;
7. The report on mineral resources and reserves according to Kazrc standards is undergoing examination in PONEN RK;
8. It is planned to examine core samples taken from visually identified mineralized zones by chemical analysis for copper, zinc, sulfur in a specialized laboratory.;
9. It is planned to obtain a license for the extraction of solid minerals by the middle of the spring season of 2025;
10. After this, practical development of the deposit is possible.

The option of joint investment activities is possible.