China Gold Mine For Sale
Chifeng City Jinjing Mining Ltd
Project Details
Commodity: Gold
Location: China
Terms: For Sale
Price: RMB 75 Million ($11 Million USD)
Summary:
- Mining Area: 1.2826 square kilometers
- Gold ore reserves: 461,547 tons, gold metal reserves 2208.62 KG
- Daily production scale: 100 tons per day
- Asking price: RMB 75 million = approx. USD 11 million
Location and Access:
Gold Mine Location: Chifeng City, Danailingou Area, Inner Mongolia.
Description:
Available documents: copy of business license, mining permits, production safety certificate and mine permit.
Changes in mining permit: depth, extension of validity, annual volume of ore from 100 tons / year changed to 3 million tons / year. (100 tons per day)
Further info/DD requires signature of a confidentiality agreement in-advance.
Geology:
The Chifeng-Chaoyang gold concentration region,with more than 200 gold deposits or occurrences,is one of major gold production areas in China.It is recognized that the major gold deposits occurred in the region are hosted by or closely related to the Archean metamorphic rocks or Mesozoic magmas.Regional or local EW-,NE-and NNW directed faults control the distribution of gold mineralization,and their cross-cuttings are the most favorable sites that localize major gold deposits. Based on regional metallogenitic characteristics and geological peculiarities of those gold deposits,three major types of gold mineralization can be recognized in the Chifeng-Chaoyang region as following: auriferous quartz vein,quartz vein mixed with altered rocks,and breccia-pipe.Geochemical study indicates that the mineralizing material was sourced mainly from mantle and the mineralizing fluids were magmatic fluids mixed with contemporaneous meteoritic water;It is suggested that the gold deposits occurred in the Chifeng-Chaoyang region can be largely classified into the epithermal to mesothermal mineralization.
History:
Exploitation of the mine has not yet been undertaken.
Additional Information:
If you have any questions, please feel free to email.
Contact: Joel Aldridge
Telephone: 8613681816653
Email: waldridg@wharton.upenn.edu
Website:
Additional Photos: