en.Wedoany.com Reported - Russia's Federal Agency for Subsoil Use (Rosnedra) plans to auction the Vozdvizhenskaya area in the Trans-Baikal region and the Netchen-Khai deposit in the Magadan region in the third quarter.
The Vozdvizhenskaya area is located on the Russia-China border. This will be the fourth auction for this block, as the previous three were declared invalid due to a lack of bidders. In the last auction, the starting price for a 25-year license for geological study, exploration, and extraction was 350.965 million rubles. Russia's State Commission on Mineral Reserves (GKZ) approved the block's in-situ reserves at the end of November 2024: for underground mining, categories C1+C2 contain 23,200 tons of lead, 42,300 tons of zinc, 700.1 kg of gold, and 55.01 tons of silver; for open-pit mining, category C1 contains 131.8 kg of gold and 6.89 tons of silver. Additionally, the block has assessed P1 category forecast resources, including 11.9952 million tons of ore, 4.84 tons of gold (0.40 g/t), 135.89 tons of silver (11.33 g/t), 417,890 tons of lead (3.48%), and 171,460 tons of zinc (1.43%).
The Federal Agency for Subsoil Use had announced the auction of the Netchen-Khai deposit in the Khasynsky urban district in 2019, which also failed due to a lack of bidders. The starting price for a 25-year license for this block was 177.5 million rubles. Reserves include: category C1 заб. gold at 190 kg, category C2 заб. at 3.931 tons, P1 resources at 16 tons, and P2 resources at 14 tons.
The agency also plans to auction the following placer gold deposits in the third quarter: the Gurkhen River (Tarali) in the Bauntovsky Evenki District of the Republic of Buryatia, with C1 reserves of 87 kg and C2 reserves of 215 kg of gold; and the Akanak-Nakatami River (lower and middle reaches) in the Bodaybinsky District of the Irkutsk Region, with placer gold reserves of C1 at 209 kg, C2 at 13 kg, technogenic gold C1 at 76 kg, and C1 заб. at 231 kg.
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