【100 Million Tons of Molybdenum Ore Discovered in Chifeng, Inner Mongolia】According to the China Mining News reported by the China Finance News, a large molybdenum deposit has been discovered in Ongniud Banner, Chifeng City, Inner Mongolia, with an initially proven molybdenum resource of approximately 100 million tons of ore. According to staff members from the Natural Resources Bureau of Ongniud Banner, Gengjin Mining Co., Ltd., the company that discovered the deposit, has been conducting systematic exploration work since May 2023. They have completed geological mapping of the surface, geophysical and geochemical exploration covering 25.34 square kilometers, and drilling to a depth of 110,000 meters, achieving remarkable results in prospecting. They have discovered a large molybdenum deposit with an initially proven resource of approximately 100 million tons of molybdenum ore, containing 130,000 tons of metal. The molybdenum orebody is associated with various metal minerals such as silver, gold, zinc, lead, and copper, boasting high value and large reserves. The field exploration work is currently in its final stages.