Field Exploration Completed
Field exploration under the Contract with National Mining Company
Magnetic, geochemical and geological surveys were carried out and 9 wells with total lengths of 1831 linear meter were drilled.
All the operations were carried out by geologists from KazGeology JSC including geological mapping, support to mine footage and drilling operations and trenches and cores documenting broken down by wells.
2 km long titanium magnetite ores outcropping with 2–10 meter thickness was identified during geological exploration.
Laboratory analysis of all collected cores and computer processing of field materials are in process. It is planned that the operations will be generally completed in 2014 with the assessment of the block prospects and further operations project development.