KHOTGOR Placer gold deposit project

Khovd province, Altai soum, 40 km from Khovd soum, 1400 km from Ulaanbatar

KHOTGOR Placer gold deposit project

Khovd province, Altai soum, 40 km from Khovd soum, 1400 km from Ulaanbatar

Дэлгэрэнгүй тайлбарDetailed information詳細情報

General information

Location

Khovd province, Altai soum, 40 km from Khovd soum, 1400 km from Ulaanbatar

Project

Khotgor Gold hard rock deposit project

License

Exploration (XV-017910)

License validity

2027.04 (30 years)

License area

13,357.62 hectares

License holder

Shijirgrand LLC

Resources & Reserves

Category Ore length (m) Ore width (m) Ore depth (m) Ore volume (m³/t) Ore resource (t) Average grade (g/t) Metal resource (kg)
B 200 0.5 120 2.7 32,400 3.8 123.12
C 600 0.5 150 2.7 121,500 3.8 461.7
B + C         153,900 3.8 584.8
Cat-2 250 0.4 200 2.7 54,000 4.0 216
Cat-3 800 0.4 200 2.7 172,800 4.0 691.2
Total P   226,800   907.2
B + C + P   1,456

The quartz vein in the West of the area is 600m long and 0.2-0.8m width with limonite, pyrite, malachite and gold fracture infilled. It strikes 360degree. Based on the assay result, Au is 1.1-149g/t. Due to the technical conditions of the mountain, detailed exploration research and field work was carried out at 200m.

Resources & Reserves

Exploration & Study

Exploration: completed 2036.9 m drilling,

Geophysics: 21.15 unit/km

Lab result: 177

Mapping: geology mapping 1:10000

Sampling:

  • core sampling – 101
  • rock chip - 76

Petrography and monography job: 19

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

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