Zhenyuan Gold Mine Introduction
The Zhenyuan Project is located in Zhenyuan County, Yunnan Province in the Wuliang Shan Mountains, part of the Ailao Shan Mountain Range, about 300 kilometers southwest of Kunming, the capital of Yunnan Province. The project comprises an area of 36 square kilometers that contains five gold deposits, three of which are being exploited by Big Bar’s partner, the Zhenyuan Gold Mine. Other associated entities are mining the other two deposits.
From information obtained in 1996 independent geology reports on the deposit, a total of US$12 million has been expended on exploration work, infrastructure and production facilities at the minesite. Per the reports, the gold property measures 12 km long and 3 km wide and contains 5 identified gold deposits.