BAYAN URGUN Tungsten, fluorite deposit project

Sukhbaatar province, Erdenetsagaan soum, 58km to Erdenetsagaan soum, 850 km from Ulaanbaatar, 110 km to Bichigt border point, 170 km to Zuun Khatavch border point

BAYAN URGUN Tungsten, fluorite deposit project

Sukhbaatar province, Erdenetsagaan soum, 58km to Erdenetsagaan soum, 850 km from Ulaanbaatar, 110 km to Bichigt border point, 170 km to Zuun Khatavch border point

Дэлгэрэнгүй тайлбарDetailed information詳細情報

General information

Location

Sukhbaatar province, Erdenetsagaan soum, 58km to Erdenetsagaan soum, 850 km from Ulaanbaatar, 110 km to Bichigt border point, 170 km to Zuun Khatavch border point

Project

Bayan Urgun tungsten & fluorite deposit project

License

Mining МҮ-020836

License validity

2017.06.09 - 2047.06.09

License area

302.54 hectares

License holder

Titan Ord LLC

Resources & Reserves

Mineral Resources & Petroleum Authority of Mongolia (MRPAM) approved the results of explora- tion works, registered gold resources and issued a mining license:

Minerals Category Ore (t) Grade (%) Metal (t)
Tungsten В+С 342,362.7 0.99 3,402.19
P1 484,497.8 1.0 6,359.15
Fluorite В+С 155,719.5 86.51 134,707.67
P1 483,659 86 425,766.3

Exploration & Study

Titan Ord LLC has conducted detailed exploration works in 2016:

Exploration: completed 3856 m drilling, geophysics

Sample testing: SGS-IMME Mongolia LLC

Mapping: geology mapping 1:5000

The licensed area was studied by Russian and Mongolian geologists since 1942, including detailed reconnaissance, geological survey and 1:50000, 1:500000, 1:1000000 mapping, etc.

Additional exploration: The resources have high potential to increase. The company is working on development of additional exploration program.

Project Development

  • Feasibility Study: Yantai Xinhai Mine Design & Research Institute developed FS of the project  in compliance with international standards.
  • Deposit features: Highly demanded 2 metals in one deposit. High quality fluorite ore ready for take off straightly from mine. Production of tungsten enrichment.
  • Production: Fluorite open pit mining with production capacity of 50,000 t/year and Tungsten beneficiation plant with production capacity of 1,000 t/year are under implementation process to take start in the second quarter 2020.
  • Mine life is 6 years. The mine life can be extended based on additional exploration of the deposit during the mine production.
  • The gravitation output provides high quality tungsten concentrate of 65.3%.

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