SMM Network News:
Recently, Zijin Mining Serbian Timok copper and gold deposit has for the first time revealed a high-grade massive sulphide copper-gold orebody in the 200 line of the upper ore belt-80m, and high-grade ore is about to be produced in large quantities.
The copper sulphide ores disclosed this time are mainly copper blue, a small amount of chalcopyrite and chalcopyrite, and other metal minerals are mainly pyrite. According to the data issued by the local laboratory, the average ore grade is 9.23% copper and 6.23 g / ton gold. With reference to the geological resource model of the upper ore belt and combined with drilling to expose the orebody, the predicted ore location in the original design is basically consistent with the actual ore location and grade.
This ore deposit is located in the first mining area designed by the mining and separation engineering of the upper ore belt of Timok Copper and Gold Mine. Timok copper and gold mine has realized the connection between the middle section of the first mining and the slope road. at present, the underground ore mining, ventilation and transportation systems are basically in place, and the disclosure of high-grade ores will create favorable conditions for subsequent mass production of ores.
Timok copper and gold deposit is one of the top ten high-grade super-large copper and gold deposits to be developed in the world, which is divided into upper ore belt and lower ore belt. Among them, the upper ore belt controls + proven copper metal 1.21 million tons (average grade 2.71%), gold metal 76 tons (average grade 1.7g/t), with ultra-high grade orebodies at the top; the design production scale is 3.3 million tons / year, and the annual copper output is expected to exceed 79000 tons after completion; the first phase is expected to be completed and put into production by the end of the second quarter of 2021.
