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| The Company for the Project |
| Yunnan Tianda Mining Ltd., a Limited liability
company established in the PRC, a wholly-owned subsidiary of
Tianda Yunnan. |
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| The Objectives of the Project |
| The lead and zinc mine between Shuangshitou
and Xijia Village in Huize County of Yunnan Province is located
at the East of KangDian Axis of the Sichun and Yunnan mineralization
area. It has acquired good conditions to composite deposits
after gone through different phrases of tectonic movement. Therefore,
it is expected the mine development objective can be achieved
through exploration works. |
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| The Interest of the Project |
| The interests of Yunnan Non-Ferrous Metals
Exploration Institute, Tianda Group and the Company in the Cooperative
Project are 10%, 44.10% and 45.90% respectively. |
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| The Progress of the Project |
| On 7 May 2008, Department of Land &
Resources of Yunnan Province has granted to Yunnan Tianda Mining
a Certificate of Approval for Exploration of Mineral Resources,
which entitles the holder to conduct exploration work at the
specified area of the Location. |
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| Area of the Project |
| Geographic Coordinates£ºLongitude 103¡ã38¡ä00¡åE
¡ª103¡ã42¡ä00¡åE£¬Latitude 26¡ã33¡ä00¡åN¡ª26¡ã37¡ä45¡åN£¬Area of the location
is 47.60km2. |
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| The Works |
| The actual works of the overall design
to achieve the project target: |
¡ñ 1/10,000 Geographical
Survey: 47km2£»
¡ñ TEM Survey: 20km2£»
¡ñ Trench Test: 4000m3£»
¡ñ Pit Test: 300m£»
¡ñ Mine Inspection Point: 5£»
¡ñ Geotectonic & Geochemistry Sample:
500 pieces.
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| Expected Results |
| The site is expected
to hold potential deposits for lead and zinc through the exploration
work. |
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