Miantao Lake Golden Mine Risk Prospecting and Exploitation Item

1. Necessity of item construction

In the Kunlun Mountains and the west end of the Altun Mountains under the Qiemo County administration, mineral resources are rich. Prospected primarily by Geological Investigation Institute of Gui Zhou, copper and golden mineral point is discovered in the Miantao Lake area. Mineralization belt is distributing from east to west approximately, with a width of 30m, a length of 750m and copper quality of 1.52%, 8 times higher than borderline industrial quality, indicating high exploitation value. In the constitution belt, reserves of colored metals, such as copper, golden silver and so on, are high considerably. Therefore, at present it is desiderated to be prospect and exploit the mineral contained in the area at risk.

2. Item construction scale and main content

Miantao Lake Copper and Golden Mine will be prospected and exploited at risk. After geological thorough prospecting work is finished, large scale exploitation will be started.

3. Investment estimation

The sum of investment totals to RMB 10 million Yuan.

4. Cooperation Ways: Joint venture or single investment.

5. Unit front for the item: People’s Government of Qiemo County.

6. Contact units: People’s Government of Qiemo County, Economic and Trade Bureau of Qiemo County and Soil Resource Bureau of Qiemo County.

Contact persons:Li Jianzhong, Chen Wenge, Huang Jianping and Jin Weiguo.

Tel.0996－7629939、7622007、7629430、7620802

Postal Code: 　841900