广东梅雁吉祥水电股份有限公司关于全资子公司矿产资源储量评审备案的进展公告

Core Viewpoint - The company, Guangdong Meiyan Jixiang Hydropower Co., Ltd., has received approval for the mineral resource reserve review of its wholly-owned subsidiary, Meizhou Meiyan Mining Co., Ltd., which is expected to facilitate future mining operations despite current uncertainties regarding mining rights and operational capabilities [3][7]. Group 1: Resource Reserve Review - The resource reserve review for the antimony-silver mine in the Songxi mining area has been approved by the Ministry of Natural Resources, confirming that the materials submitted meet relevant regulations [3]. - The verified resource amounts include: - Proven resources: 16.4 tons of metal, 69,000 tons of ore, average grade of 237.68 g/t - Controlled resources: 77.4 tons of metal, 305,000 tons of ore, average grade of 253.77 g/t - Inferred resources: 131.3 tons of metal, 465,000 tons of ore, average grade of 282.37 g/t [3][4]. Group 2: Changes in Resource Estimates - The changes in resource estimates are attributed to the extension of mining depth from -60m to -395m and the implementation of more precise exploration methods [4][5]. - The industrial indicators have also changed, with the boundary grades for silver and antimony being adjusted in the latest report compared to previous assessments [5][6]. Group 3: Future Steps and Implications - Following the approval of the resource reserve review, the company will proceed with the necessary procedures to change its mining rights to include the newly verified depths, which are currently not covered by existing permits [6][10]. - The company aims to maximize resource value and will develop feasible plans for resource utilization and development based on the reserve report results [6][11]. Group 4: Financial Impact - The project is not expected to have a significant impact on the company's financial status or operational performance in the short term due to the lengthy approval and construction cycles required for mining operations [11].