Project Name: Overall Development of Rock Gold (Silver) Mine
Cooperation Form: joint venture or cooperation
Undertaker: Land and Resources Bureau of Jidong County
Liaison Person: Zhang Baoquan
Postcode: 158200
Tel\Fax: 0467-5582445
Stage of Approval: Drawing up Feasibility Study Report
Construction Content: Plan to construct a production line with the capacity of annually producing 10,000 tons of gold ores.
Materials and Market: The resource is situated at Si'shan Forestry Centre of Jidong County, the proved reserves are that gold is 2.25 tons and silver is 21.9 tons. In 2001, the First Geological Exploration Institute of Heilongjiang Province has made ore testing; the project has been approved by provincial Land and Resources Bureau. In 2002, provincial Land and Resources Bureau has invested in 1.41 million Yuan to extend prospecting scope.
Anticipated Investment and Benefit Analysis:
Total Investment: 5.16 million Yuan (RMB)
Production Value: 5.09 million Yuan (RMB)
Profit and Tax: 3.5 million Yuan (RMB) |