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Lead deposit in Qaraqandy region

Industry:

Mining

Stage:

Greenfield

Location:

Qaraqandy region

TBD

US$ million
Investments needed

%
IRR

160

280

US$ million
NPV

US$ million
Invested in exploration

3

Key Highlights

1

The deposit is located in Central Kazakhstan, 20 km from the village Zhairem, the distance to the railway dead end is 25 km

2

The reserves of oxidized ore were approved in the State Reserves Committee of the Republic of Kazakhstan (March 2022), in category C1 - 4.1 million tonnes, lead - 204.83 thousand tonnes with a lead content of 5%; Category C2 - 1.419 million tonnes, lead - 55.82 thousand tonnes with a lead content of 4%

3

At the moment, the Company is in a process of the receival of mining license from the authorized bodies (according to the Management, the license will be granted within 1 year starting from March 2022)

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