Bogutu is a medium-grade orogenic gold deposit located in Xinjiang Uyghur Autonomous Region, China. It is planned to start as a small open-pit mine and then become an underground operation using both heap leaching and flotation methods to produce gold concentrates. The construction of heap leaching facilities starts in August 2014.
|Location||Xinjiang Uyghur Autonomous Region, China|
|Type||Open pit and underground
Heap leaching plant under construction
Flotation plant under planning
|Expected Life of Mine (LOM)||11 years|
|Reserve and Resources (at 31 Dec 2012)|
|Resources||30,200kg Au @ 1.28g/t|
|Estimated production and cash costs|
|Gold production (oz)||40,000oz|
|Cash operating cost (US$/oz)||$729|
Bogutu Gold project is located in Tianshan gold mineralisation belt, 110 km away from Yining City and 25 km from Tekesi County. Xinjiang largest open-cut mining gold mines are found close to Bogutu, namely Arxi and Gold Mountain gold mines, with gold reserves of around 200 ton.
Within the licensed exploration area of 16km2, the Group has invested in the drilling of 50,000m with an estimated gold resource of 30 as at 31 December 2012. Furthermore, pre-feasibility study has been completed and showed that most of the discovered orebodies can be extracted with open-pit method, whereas deeper parts of the orebodies would require underground mining method. Numerous orebodies are found on surface with soil anomalous and not yet tested by drilling. More orebodies are expected to be discovered through further exploration and with the total gold reserve to exceed 50 tons.
A heap leaching plant is planned to start construction in August 2014. The designed capacity is 2,000 ton per day or 300,000 ton per annum. The plant is expected to produce 40000 oz gold every year when the production line commences. The life of mine is about 11 years.
|2014||Heap leaching plant starts construction in August|
|2013||Additional 30,000m extension and infill drilling program commenced|
|2012||Rigorous and comprehensive exploration program carried out under international QA/QC standards, 30 ton gold resource discovered|
|2010||HXG acquired Bogutu|
|2000s||The Project was owned by several companies and 7 ton gold was discovered under Chinese Standard|
|1990s||Small mining operation was done by a local company|
|1980s||Grab sampling discovered target zones and led to the discovery of Bogutu gold deposit|
- Last Updated:
- April 2014