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The project "Asgat" – silver and polymetal

 Asgat deposit is located in the northwestern part of the country near the border of Mongolia, Altai and Tuva Republics of the Russian Federation. Administratively, the territory is Nogoonnuur soum of Bayan-Ulgii aimag, 180 km from the center of Ulgii aimag, 70 km from the soum Nogoonnuur, 1800 km from Ulaanbaatar city and 720 km away from the nearest railway station (City of Biysk, Russia).

"Mongolrostsvetmet" acquired the following operating licenses in Nogoonnuur Soum of Bayan-Ulgii aimag:

1. MV-004388 / Asgat deposit, 37.03 ha area, since 2002 /

2. MV-008191 / Southern Section Asgat, 390.28 ha area, since 2004 /

3. MV-008645 / Central North Asgat, 620.63 ha area, since 2004 /

4. MV-000278 / Asgat, 2.41 area, since 1996 /.

Asgat deposit was discovered in 1976 by Soviet geologists in the border area of ​​geological study, according to the agreement between the Government of the Soviet Federation and the Government of Mongolia / the old name /.

Since 1986, at the Asgat deposit various studies were conducted as ditches, tunnels, underground drilling and surface geophysical and geochemical studies, etc.

As a result of these activities within the Asgat deposit detected 15 linearly stretched, extended / average 3km in length-width-80m /, steep / 45-900 / mineralized zones and estimated ore reserves and 26.9 mln.tonn ore, 7370 tonn in silver spread in the area of 25 km2. Among them now ready to develop 8.2 million tonn ore reserves, 2566 tonn in silver. The remaining resources can be transferred to the production level by additional exploration work.

Production level ore contains silver, copper, antimony, bismuth and incidental elements such as iron, lead, cadmium, arsenic, zinc and gold. 

Minerals

Reserves, tn

The average mineral content

С1

С2

P1

Р2

Всего

Silver-Ag

976,6

384,2 г\т

1271,2

329,3 г\т

1827,0

304,3 г\т

3295,0

227 г\т

7369,8

268,2 г\т

Copper-Cu

32791,8

1,29%

39854,8

1.03%

54760,0

0.9%

100030,0

0.69%

227436,6

0.82%

Antimony-Sb

13473,0

0.53%

18357,9

0.48%

24623,0

0.41%

44960,0

0.31%

101413,9

0.36%

Bismuth-Bi

1818,9

0.072%

1500,9

0.039%

2881,0

0.048%

5220,0

0.036%

11420,8

0.042%

Ore, thous.tn

2542,0

3860,6

6000,2

14500

26902,8

 For the development of the “Asgat" deposit, the feasibility studies of production has been done by ETI bank /Turkey/, the company Denton /Canada/,  Apex /USA/, Hyprotsvetmet institute /Russia/ and Sibhyprozoloto institute /Russia/.

Because of the complex geological conditions, it requires major investments in field development "Asgat" deposit. 

 

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