A large increase in the reserves of molybdenum ore to be injected by St deflection

Source: Internet
Author: User
Keywords Reserves
Tags asset business company continued distribution document
St Deflection (000697) March 4 Evening announced the Ministry of Land and Resources, "about < Shaanxi province, Luonan County Huanglong paved molybdenum mining area of the great rock and molybdenum mine resources reserves Verification Report > Assessment of Mineral Resources reserves" document.  As a result of the document on the mine's resource reserves have been estimated, the emergence of new resources reserves, will affect the company to be injected into the Shaanxi Stone asset value, ST deflection continued to suspend business. As a result of this exploration, the distribution range of ore bodies from 0.388 square kilometers to expand to 0.658 square kilometers, the depth of resource reserves estimated from 1200 meters to 1332 meters, the emergence of new resources reserves. The reserves of molybdenum mineral resources in the exploration scope of new resources are 94.949 million tons of ore and 89,400 tons of metal.  This report verifies that reserves of resources in the original reserves of resources for molybdenum ore 43.1414 million tons, metal volume of 39,000 tons. This report holds the resources reserves for molybdenum ore volume of 138 million tons, 128,500 tons of metal, respectively, than the last estimate of reserves reported increased by about twice times and 1.5 times times.
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