Zhongjin Mining Wins Exploration Rights for Fuxingtun Silver-Lead-Zinc Mine in Inner Mongolia Auction
[Metallurgical Enterprise Dynamics] On February 11, in an auction conducted on the Inner Mongolia Autonomous Region's natural resource online trading system, Zhongjin (Xing'an League) Mining Co., Ltd. won the exploration rights for "Detailed Survey of Area 1 of the Fuxingtun Silver-Lead-Zinc Polymetallic Mine in Horqin Right Wing Front Banner, Inner Mongolia Autonomous Region" with the highest bid of 7.87 billion yuan. The resource amount reviewed and filed as of 2020 is as follows: silver ore volume 26.292 million mt (silver metal content 5,105 mt (grade 194.17 g/mt)); associated zinc metal content 235,700 mt, lead metal content 135,200 mt, constituting a large-scale concealed deposit.