Malmyzh

MALMYZH

Malmyzh is an advanced copper-gold exploration property, 220kms north of Khabarovsk, Russia. Malmyzh is one of the largest developable copper-gold projects in the world today.

Malmyzh Summary

  • 15 targets have been drilled to date, all hosting Cu-Au mineralization
  • Officially listed Russian Reserves and resources based on 4 key deposits
  • Resources are approved on additional 10 drill targets
  • Advanced exploration works are under way.
  • Excellent potentional for discovery of additional & higher grade mineralization
  • Russian TEO (Scoping Study) suggests robust economics for the entire Project and a 25-37 Year mine life: NPV10 $1.7bn and a 30% IRR

IG Copper & Malmyzh

  • IG Copper owns 51% of the 2.32Bt (C1, C2 and P1) * Malmyzh copper-gold porphyry project, located in Russia.
  • Malmyzh is believed by IG Copper to be the world’s largest undeveloped developable copper-gold project in the world.
  • The project has an estimated Copper equivalent grade of 0.48% containing: 12mt of copper equivalent or 60moz of gold equivalent*.
  • The project has a NPV10 of US$1.7bn and an IRR of 30%.

Russian GKZ and TEO Reserves & Resources

1.39 Bt @ 0.52% CuEq Reserve (C1+C2) [5.6 Mt Cu; 9.6 MOz Au]

0,93 Bt @ 0.44% CuEq Resource (P1) [3.3 Mt Cu; 4.9 MOz Au]

Canadian NI 43-101 “In Pit” Resource

1.66 Bt @ 0.42% CuEq

Location

  • Near the markets of China, Japan and South Korea
  • Located in a region considered prospective for further  porphyry copper-gold discoveries
  • Russian national priority to support development of the Russian Far East
  • Adjacent to National Highway 46
  • 65 km from rail at Komsomolsk
  • 1 km from navigable Amur River
  • 220 km from Russia-China border
  • Adjacent to high voltage power line
  • Adjacent to natural gas pipeline

Geology, Reserve & Resource Base

  • District-scale 16 x 5 Km porphyry intrusive corridor concealed beneath a thin cover of soil, alluvium, & colluvium
  • Copper-gold mineralization hosted in Cretaceous dioritic stocks and hornfels, altered sandstone and siltstone assemblages
  • Near-surface zones of chalcopyrite-rich and chalcopyrite-bornite-magnetite mineralization extending to depths > 400-600 meters
  • Exploration potential beneath shallow cover