RESERVES AND RESOURCES OF THE ANADOL DEPOSIT
RM MININGS performed a preliminary geological and economic assessment and approved the reserves in the State Commission for Reserves of Ukraine.
| Reserves, t | Resources, t | Total, t | |
| Rare earth ore | 635 221 | 6 940 | 642 161 |
| Crush stone | 58 009 554 | 58 009 554 |
The average thickness of the ore body is 1.7 m.
The average grade of rare earth oxides in reserves and resources Σ(TR)O are 3.47% (with the cut-off grade – 0.3%).
Composition Σ(TR)O - La2O3 – 22.4%, Ce2O3– 50.02%, Pr2O3 – 4.22%, Nd2O3 – 20.05%.
MINING METHOD (project)
An open mining method is assumed with the possibility of combined system of mining method.
The first stage of mining is planned by career to +150 meters above sea level
Favorable mining conditional
1 stage
Detail
exploration
During 1 year
2 stage
Open Pit
Mining
During next 2 years
3 stage
Underground
Mining
During 10 years
Result
Total
Life of Mine 13 years
MODEL OF ORE BODIES
| Hole | Trench |
|---|---|
| 14 drill holes were drilled | 23 trenches were dug |
| Chemical testing (19 samples) | Chemical testing (200 samples) |
| Spectral assay (214 samples) | Spectral assay (254 samples) |
| Soil sampling (171 samples) | |