Darbmazar Cu-Mo Porphyry

Darbmazar Cu-Mo Porphyry

Darbmazar Cu-Mo Porphyry

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General information:

The Darbmazar deposit is located in Kerman province, nearest of Jiroft city. Approximate centroids for the Darbmazar area are 418028 E, 3294410 N using the WGS 84 (zone 40 N) datum.

Prospecting & Exploration:
Geological and topographic mapping in scale 1:20,000 and 1:1,000 done. 120 samples in prospecting and 100 sample in systematic lithogeochemistry collected and samples have been analyzed. Geophysical survey (IP& RS) were undertaken too. Trenches excavated with total volume 600 m3. Drilling on the Project were done 5 core holes (644.3 m). 290 samples from trench & core holes were collected and analyzed by ICP-OES. Drill core recoveries averaged more than 90.2% and RQD 32.6%.

Ore Reserve:
The Darbmazar mineral resource estimate was prepared using 3-D models in the modeling software Gemcom Gems 5.4. A block size of 5 m x 5 m x 5 m was selected. Ore reserve is 648,000 tons with average Cu 0.51% and 800,000 tons with average Mo 80 ppm. Probable reserve is 506,500 tons with average Cu 1.26%.

Risks and Opportunities:
This reserve is probably Cu-Mo or Mo-Cu porphyry. 50,000-100,000 m systematic drilling is required. Part of deposit is covered by alluvium and it might have more extent Chalcopyrite and Molybdenite have been seen in core holes. Drilling should be done up to 1,000 m in depth.

Capital fundraising:
Shareholders are interested to submit mining area. They are also interested to go partnership exploitation and selling ore.