Chapter 635: Xiaojing, we’ve made it!



"Hmm! Your ancestral skill of looking at qi is really powerful!" Guo Dabao praised it and then continued, "The current survey in Rabaul has not been completely completed because it involves ocean survey, but from the six survey wells drilled so far, there should be a silver-gold-platinum precious metal mine under the water of that strait, and the reserves are very large. Because the area and volume of the ore body are beyond our imagination, at least seven or eight more survey wells need to be drilled to roughly find out the scope of the ore body."

After a pause, Guo Dabao continued, "However, our survey work on the mountain 30 kilometers south of Porgera has basically yielded some general results. According to the data from the six exploration wells we drilled, this is a copper-gold-molybdenum mine with a mineralized area of ​​700 meters long, 450 meters wide, and more than 400 meters deep. The ore body has not yet been closed at depth or along the strike."

"According to our preliminary survey, this mining area, temporarily named the Algula Mine, has an ore resource of about 160 million tons, of which the average grade of copper ore is about 0.8%, which is an absolutely high-grade enriched ore. The average grade of gold ore is as high as 4.8 grams per ton, which exceeds the average grade of the Porgera Gold Mine, and the molybdenum grade is about 0.025%. Do you know what this means? This means that the Algula Mine contains a total of about 1.28 million tons of copper, 770 tons of gold and 40,000 tons of molybdenum! In other words, although the area and volume of this ore body are much smaller than the Porgera Gold Mine, the value of all the metal minerals contained in it is not much less than that of the Porgera Gold Mine! The most important thing is that after our preliminary survey, this ore body can be mined in the open air, and the mining cost will not be too high! Xiaojing, we are rich this time!"

ps: I would like to thank "afrashui" for the reward of 500.

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