en.Wedoany.com Reported - The Russian Far Eastern Federal District Subsoil Resources Administration (Дальнедра) plans to hold two mining area auctions on August 12, involving mining rights for the Vozdvizhensky polymetallic deposit and the Luzhanki River placer gold deposit in the Trans-Baikal Territory. Tender documents show that the deadline for submitting applications is July 20.

This auction marks the fourth time the Russian Federal Subsoil Resources Agency (Роснедра) has brought the Vozdvizhensky mining area to market. The block had previously failed to sell multiple times due to a lack of bidders. The starting price for a one-time payment for a 25-year license for geological study, exploration, and extraction is 350.965 million rubles. The block covers an area of 4.23 square kilometers, and its reserves were approved by the Russian State Commission on Mineral Reserves (ГКЗ) at the end of November 2024.

According to the approval results from the Russian State Commission on Mineral Reserves, the reserves of the Vozdvizhensky mining area are divided into two categories based on mining method. For underground mining reserves, calculated under categories C1+C2, lead amounts to 23,200 tons, zinc to 42,300 tons, gold to 700.1 kg, and silver to 55.01 tons. For open-pit mining reserves, calculated under category C1, gold amounts to 131.8 kg, and silver to 6.89 tons. Additionally, the block has estimated 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 Vozdvizhensky mining area is located in the southeastern part of the eastern Trans-Baikal region, near the border between the Russian Federation and the People's Republic of China.

The starting price for the Luzhanki River deposit (a left tributary of the Shilka River) is 20.755 million rubles. The auction winner will receive a 10-year license for exploration and extraction. The block covers an area of 15.02 square kilometers. According to the classification of the Russian State Commission on Mineral Reserves, this placer gold deposit falls under the third category of complexity.

Reserve data for the Luzhanki River deposit is listed by different categories of ore sand and gold quality. Category C1 includes 143,000 cubic meters of ore sand containing 122 kg of gold; Category C2в includes 37,000 cubic meters of ore sand containing 39 kg of gold; Category C1 заб. includes 54,000 cubic meters of ore sand containing 11 kg of gold; Category C2 заб. includes 249,000 cubic meters of ore sand containing 64 kg of gold.

The Luzhanki River deposit is located in the Sretensky District of the Trans-Baikal Territory, 120 km downstream along the Shilka River from the district center, the city of Sretensk. Part of the block is situated on forestry land, and a 6 kV line protection zone passes through it.

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