Geological exploration in the Trans-Baikal Territory is aimed at developing and maintaining the Company’s mineral resource base. In 2015–2016, to increase the volume of development-ready reserves on the flanks and in the deep horizons of the field, the Company launched a follow-up exploration exercise at the Bystrinskoye Field. During the same period, the Company launched a pilot mining project at the Bystrinsko-Shirinskoye Field. The Company also holds licences to prospect for and appraise deposits of copper, gold, iron and associated minerals in the Tsentralno-Shakhtaminskaya and Zapadno-Shakhtaminskaya Areas. In 2016, the Company completed the prospecting identifying a number of promising gold-copper mineralisation areas. The Company also holds a licence to prospect for and appraise deposits of copper, gold, molybdenum and associated minerals in the Chingitayskaya Area.
GRK Bystrinskoye is set to develop the Bystrinskoye Field, a polymetallic deposit in the Gazimuro-Zavodsky District, and the Bugdainskoye Field, a molybdenum deposit in the Alexandrovo-Zavodsky District.
GRK Bystrinskoye highlights
|Bystrinskoye Field reserves (В + С1 + С2)|
|Gold, koz t||7,458|
|Silver, koz t||33,558|
|Magnetite iron ore, mt||66|
|Bugdainskoye Field reserves (B + С1 + C2)|
|Gold, koz t||360|
|Silver, koz t||6,221|