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Asian Gold reserves DB
Hengxian Gold mine (china)
      paishanlou gold mine (china)
      gaolong gold mine (china)
      ..................
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  Page 22
 
اولينقبليبعديآخرين
   Location of Hengxian project
   The Hengxian project is a classic example of a sediment hosted disseminated gold system (“Carlin-type”), with considerable exploration potential. Caledon has targeted the area for some time having witnessed the impressive strike length and width of the near surface oxide focused mining that is currently being carried out.
   At Hengxian, gold is being mined in a north-east trending zone measuring up to 3 kilometers long and up to 800 meters wide. Gold occurs in steeply dipping, high grade “feeder” structures (> 4.5 g/t gold avg.), feeding flat-lying moderate grade (1-4 g/t avg.) stratiform zones. To date, at least four sub parallel feeder structures have been defined. The gold mineralisation occurs on a major regional structure that can be traced for more than ten kilometers away from the existing workings. Access and infrastructure in the area is excellent – Hengxian is a two hours drive from Caledon’s office base situated in the Guangxi Provincial capital, Nanning.
  

View of Hengxian mine
    The full potential of Hengxian has hitherto gone unrecognized and the mine, together with the surrounding area, has been subjected to only cursory exploration due to a lack of exploration funding. Previous exploration has been almost entirely focused on shallow oxide zones. Gold reserves at Hengxian are reported to be 310,000 ounces (Inferred category) grading approximately 4.6 g/t gold – with those reserves having been defined by only a limited amount of shallow focused drilling, concentrated on the surface oxide zones (0 – 60 m depth) . Exploration to date has only been focused on a small – 2.5 kilometer long – portion of the entire 10 kilometer long structure, initiated on obvious outcropping oxidized sulphides.
 
 
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