RusAnt Projects

Our first Antimony mining project is at Ilinskoye in Chita, Russia. This has a low execution risk and is already backed by European agreement with a positive cashflow within 12 months. Production is scheduled to start Q3 2020 with the plan being a four-year mine life based on:
  • Ore sourced from Ilinskoye for 3 years (based on fully drilled out C2 resources)
  • Treatment includes 350,000 tonnes of material mined, and 20,000 tonnes of ore partially processed, before 2015
  • Start of production planned for Q3 2020 to produce approximately 1,250 tonnes of metal in floatation concentrates/year
  • The majority of investment already in place (mining equipment, mine pre-strip, first stage processing, camp and infrastructure)
  • Approximately US$2 million required to complete the capital investment with low cost turnkey processing equipment supplied from China