Mongolia Mountain Gold Mining Co., Ltd. was established in January 2008. The mining rights were established in December 2006. The mining area is located in the Gobi Province of Mongolia. The amount of (332+333) category is 50.0081 million tons, the estimated amount of associated Zn metal is 422,200 tons, and the average grade of Zn is 0.87%.
The company covers an area of 79 hectares and will be constructed in two phases. The first phase is open-pit mining with a design service life of 10 years. The design processing capacity of the first phase is 1.3 million tons per year; the second phase is underground mining with a design service life of 20 years. . At present, the first phase of the mine project has been put into operation, adopting dry separation production, with a daily processing capacity of 3000-4000 tons of ore, 1200-1500 tons of rough concentrate ore, and a service life of 30 years. In the next step, Mengmengshan Gold Mining will carry out mining and self-management transformation, and will gradually realize on-site selection and return of refined powder.
The company will adhere to the development concept of "Mongolian Mountain Gold, Ecological Mining" to adjust the production structure and development mode, insist on driving the development of the enterprise with technological innovation, vigorously promote the circular, economical and efficient enterprise production mode, and create an enterprise that covers the best social benefits and Economically beneficial mine development path, strive for an average annual operating income of 200 million yuan; create a good and pragmatic relationship between mining and animal husbandry, provide employment opportunities for more than 100 people, and drive the economic development of Wugetala Sumu and surrounding areas; It will be built into a large-scale modern mine with high technological content, low energy consumption, low environmental pollution and good economic benefits; at the same time, all employees of the company will continue to safeguard national interests, strengthen the friendship between China and Mongolia, and Mongolia Mountain Gold Mining Co., Ltd. has become a model of Sino-Mongolian mining cooperation.