The OP is an undeveloped very large porphyry deposit, the indicated resources are some 3.40 Mil ton copper metal,@ approximately 0.5% copper, and there is the potential to find the other half of the deposit to double the current resources.
One of the major orebodies can be directly open pitted with the dimension of 600m long, 300m wide, and over 400m deep, i.e. about one Mil ton copper by one large open pit with very little strip ratio. The deposit also has all the best conditions of water, electricity, rail way, and topography for mining.
This is the best copper project in China, and very few people are aware of it. The Local government Mayor, the Mining company and the exploration geological brigade leaders have had a few days meeting, discussion with us, and invited Sino-QZ Group to finance or through a third party to finance the project.
BMZ shows up in the database as a small but relatively high-grade porphyry in Inner Mongolia SE of Oyu Tolgoi. The 60 million ton group of deposits at SBM has an average grade of 0.8% Cu, 0.8 gpt Au and 0.024% Mo. If really a porphyry it would be the best protore grade porphyry in China.
SBM lies within an E-W trending greenstone belt of Silurian age and is composed of 20 plus mineralized lenses in plagioclase-quartz-chlorite schists. Some of these lenses lie along contacts with Hercynian granodiorite sills with some mineralization spreading into the sills. Schist hosted mineralization consists of quartz veins up to 10cm thick with coarse clots of chalcopyrite and as thin foliation-parallel veins of chalcopyrite. Many samples look like the stockwork found below a VMS deposit with the stockwork rotated into the plane of foliation. No VMS lenses have been found but finding one would not be a surprise. Other districts in the region do have VMS occurrences.
The Chairman and GM of the SBM Mine has invited Sino-QZ Group to establish/finance a JV project for the very Prospective SBM deposit. If you want to know more, please contact us.
The YT porphyry copper mineralization system is highlighted as one of the most significant new findings of copper in China for the last 5 years by the Chinese Geological Survey. It is located in the most significant gold-copper fold belt in north China, containing over 4 Mil ton copper metal and some gold making it one of the largest porphyry deposits in China. Recent drilling indicates the potential for higher grade copper resources...
There are also many other Copper projects available. Please contact us for your chance to take part in these great opportunities.
Dr Joe T ZHOU Is Appointed As The Special Advisor For China For The Yukon Government, Canada...
(read more)China Mining, one of the major international exploration and mining conferences worldwide, was held in Beijing from 14 to 16 November. Dr Joe T ZHO...
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