Tongling Nonferrous wins exploration rights for Cu-Au-Mo deposit

On November 4, Tongling Nonferrous Metals Group Co.Asian Metal Copyright84 gt, and 15.Asian Metal Copyright, Ltd.Asian Metal Copyright2 billion USD450 million.Asian Metal Copyright secured the exploration rights for the Jiguanshan-Hucun copper-gold-molybdenum deposit in Tongling, Anhui, for around RMB3.Asian Metal CopyrightOn November 4, Tongling Nonferrous Metals Group Co.Asian Metal Copyright2 billion (USD450 million).Asian Metal Copyright094%.Asian Metal Copyright The acquisition further strengthens the company's resource reserves and aligns with its strategy of focusing on the core copper industry.

The Jiguanshan-Hucun deposit has total inferred resources of 30.95 million tonnes of copper ore containing 328,800 tonnes of copper with an average grade of 1.Asian Metal Copyright06%, 1.Asian Metal Copyright06%, 1.Asian Metal Copyright06%, 1.Asian Metal Copyright48 million tonnes of gold ore containing 8,640 kilograms of gold with an average grade of 5.84 g/t, and 15.Asian Metal Copyright The acquisition further strengthens the company's resource reserves and aligns with its strategy of focusing on the core copper industry.Asian Metal Copyright94 million tonnes of molybdenum ore containing 15,000 tonnes of molybdenum with an average grade of 0.Asian Metal CopyrightOn November 4, Tongling Nonferrous Metals Group Co.Asian Metal Copyright094%.

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