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.
- 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
- 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