Saturday, September 24, 2011 11:05:56 PM
Koklanovskoe deposit forecast resources estimates (based on intensive drilling and exploration activity performed in 1987-1989):
Tungsten ores: P1 – 65 mln tons (average grade of WO3 – 0.17%). P2– 19 mln tons (average grade of WO3 – 0.09%).
Molybdenum ores: P1 – 365 mln tons (average grade of Mo – 0.07%), P2– 68 mln tons (average grade of Mo – 0.06%).
Total resource potential of Koklanovskoe ore occurrence is 50 thousand tons of WO3 per category P2; besides, there are 17 thousand tons of molybdenum forecast resources per category P2.
Apart from tungsten and molybdenum, there is high concentration of bismuth, lithium, beryllium, rhenium, as well as arsenic and gold. Gold content varies from 0.1 to 3.0 g per ton, silver content is up to 9.2 g per ton.
Koklanovskoe is categorized as one of the big deposits in Ural region with potential to become “very big” (depending on spot price of metals).
P.S. IHub policy is to automatically remove moderators from inactive boards. So, I am going to entertain you weekly and post whatever information I have while I am interested in keeping this honorable position.
I expect new acquisitions and new financing coming but, as I stated before, current “almost zero” float makes this stock illiquid and untradeable. There are several ways to fix this, and I believe the management is working on this.
Tungsten ores: P1 – 65 mln tons (average grade of WO3 – 0.17%). P2– 19 mln tons (average grade of WO3 – 0.09%).
Molybdenum ores: P1 – 365 mln tons (average grade of Mo – 0.07%), P2– 68 mln tons (average grade of Mo – 0.06%).
Total resource potential of Koklanovskoe ore occurrence is 50 thousand tons of WO3 per category P2; besides, there are 17 thousand tons of molybdenum forecast resources per category P2.
Apart from tungsten and molybdenum, there is high concentration of bismuth, lithium, beryllium, rhenium, as well as arsenic and gold. Gold content varies from 0.1 to 3.0 g per ton, silver content is up to 9.2 g per ton.
Koklanovskoe is categorized as one of the big deposits in Ural region with potential to become “very big” (depending on spot price of metals).
P.S. IHub policy is to automatically remove moderators from inactive boards. So, I am going to entertain you weekly and post whatever information I have while I am interested in keeping this honorable position.
I expect new acquisitions and new financing coming but, as I stated before, current “almost zero” float makes this stock illiquid and untradeable. There are several ways to fix this, and I believe the management is working on this. 
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