MONGOL GAZAR LLC OLON OVOOT GOLD PROJECT

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Presentation transcript:

MONGOL GAZAR LLC OLON OVOOT GOLD PROJECT LAND PROPERTY EXPLORATION MINING PROCESSING PLANT

OLON OVOOT GOLD PROPERTY LOCATION ULAANBAATAR Mandal ovoo  OLON OVOOT GOLD DEPOSIT  Dalanzadgad

LAND PROPERTY MONGOL GAZAR OWNED 250 000 HECTAR EXPLORATION LICENCE

EXPLORATION GEOLOGICAL MAPPING GROUND GEOPHYSICAL SURVEY SAMPLING TRENCHING CORE DRILLING RC DRILLING ASSAY

DIAMOND CORE AND REVERSE CIRCULATION DRILLING

KHANIIN KHETS OROGENIC GOLD FIELD UNEGEN DEL Length- 45-50 km Width - 5-10 km ITGEL MODOT DIORITE BOROODON GAVUU OLON OVOOT BURKHAN DEL OVOOT III

KHANIIN KHETS GENERAL STRUCTURAL PLAN GOYOT SYNCLINE KHORIMT ANTICLINE OVOOT SYNCLINE

OLON OVOOT – GREENSTONE HOSTED, OROGENIC GOLD DEPOSIT HOST ROCK: -ANDESITE, ANDESITIC TUFF, SUBVOLCANIC BODIES OF DIORITE, ALL COMPETENT -SANDSTONE, MUDSTONE, PHYLLITIC SHALES, SERICITIC SHALES, ALL INCOMPETENT STRUCTURE: - DEFORMATION STYLE STRUCTURE: - FOLDS, HINGE AND HINGE SURFACE ZONE LEG ZONE, SADDLE REEF ZONE. - FAULTS, SHEAR ZONES, MYLONITE AND CATACLASITE ZONE ALONG SHEARING, REVERSE FAULTS

ALTERATION AND MINERALIZATION SERICITIZATION SILICIFICATION CHLORITIZATION CARBONATIZATION PROPYLLITIZATION MINERALIZATION QUARTZ-LOW SULPHIDE Au-QUARTZ-ANKERITE QZ-SERICITE-PYRITE-ANK QZ-SER- ANK-As-c PYRITE CHLORITE-QZ-SER-ANK-PY

GOYOT ULAAN EXPLORATION TARGET AREA

MURGUTSUG EXPLORATION TARGET AREA

GEOLOGICAL MAP OF BURKHAN DEL GOLD DEPOSIT 2D MODEL

DRILL HOLE LOCATION OF OLON OVOOT GOLD DEPOSIT

GEOLOGICAL CROSS SECTION OF OLON OVOOT OROGENIC GOLD DEPOSIT LINE 433010

GEOLOGICAL CROSS SECTION OF OLON OVOOT OROGENIC GOLD DEPOSIT LINE 433170

GEOLOGICAL CROSS SECTION OF OLON OVOOT OROGENIC GOLD DEPOSIT LINE 433330

TSAGAAN TOLGOI ORESHOOT OF OLON OVOOT OROGENIC GOLD DEPOSIT

HUREN TOLGOI ORESHOOT OF OLON OVOOT OROGENIC GOLD DEPOSIT

BASIC GEOSTATISTIC PARAMETERS OF THE OLON OVOOT OROGENIC GOLD DEPOSIT

BASIC GEOSTATISTIC PARAMETERS OF THE OLON OVOOT OROGENIC GOLD DEPOSIT

OLON OVOOT ORE SHOOTS LOOKING FROM NORTH-EAST

OLON OVOOT ORE SHOOTS LOOKING TOP

OLON OVOOT BLOCK MODEL

3D MODEL ORESHOOTS OF BURKHAN DEL GOLD DEPOSIT Looking from SE

PIT DESIGN TO 200 M DEPTH

PLAN VIEW OLON OVOOT MINING

MAIN PIT AREA

WASTE HAULING

INSIGHT SECTIONS OF OLON OVOOT GOLD DEPOSIT LINE 433000 ORE ZONE ORE ZONE

INSIGHT SECTIONS OF OLON OVOOT GOLD DEPOSIT LINE 433204 ORE ZONE

INSIGHT SECTIONS OF BURKHAN DEL GOLD DEPOSIT LINE 433250 ORE ZONE

MONGOL GAZAR OLON OVOOT AREA GOLD RESOURCES (FEBRUARY 2007, WARDROP ESTIMATE) CATEGORY TONNES GOLD G/T GOLD OUNCES CAPPED @40GRAMS / TONNE GOLD   INDICATED 7,100,000 2.9 660,000 INFERRED 1,300,000 1.5 62,500 (A) 722,500 UNCAPPED 3.5 797,000 1.8 75,000 (B) 872,000 BURKHAN DEL CATEGORY TONNES GOLD G/T GOLD OUNCES CAPPED @25GRAMS / TONNE GOLD   INDICATED 2,100,000 1.6 108,000 INFERRED 355,000 1.3 15,000 (A) 123,000 UNCAPPED 2.3 155,000 (B) 170,000

OLON OVOOT AND BURKHAN DEL GOLD RESOURCE CATEGORY TONNES GOLD G/T   GOLD OUNCES CAPPED INDICATED 9,300,000 2.6 775,000 INFERRED 1,600,000 1.5 77,000 (A) 852,000 UNCAPPED 3.2 954,000 1.7 88,000 (B) 1,042,000 TOTAL RESOURCES ESTIMATE FOR OLON OVOOT AND BURKHAN DEL PROPERTIES OUNCES

PROCESSING PLANT CONSTRUCTION AT 2003

CIP PROCESSING PLANT PROJECT CAPACITY 2000 tn ORE PER 24 HOUR

IN FUTURE FIND OUT 15-20 MILLION TN ORE BIULD NEW 5000 TN PROCESSING PLANT

THE END