编辑: LinDa_学友 | 2018-04-03 |
5 2011 Annual Report Huili Resources (Group) Limited Mines Information MINERAL RESOURCES AS OF
31 DECEMBER
2011 (Continued) Quantity V
2 O
5 Grade V
2 O
5 metal Project name Classification (kt) (%) (t) Project Huaba (V) Measured ― ― ― Indicated 49,900 0.80 398,410 Inferred 53,360 0.76 403,660 Total 103,250 0.78 802,080 Quantity Cu Grade Cu metal Project name Classification (kt) (%) (t) Project Huaba (Cu) Measured ― ― ― Indicated 1,330 1.50 19,870 Inferred 1,210 1.23 14,970 Total 2,540 1.37 34,840 ORE RESERVES AS OF
31 DECEMBER
2011 Reserve Ore Quantity Ni Grade Cu Grade Ni metal Cu metal Project name classification (kt)t) (t) Project No.
2 Proved Probable
544 0.64 0.25 3,483 1,337 Project No.
20 Proved Probable 1,099 0.64 0.21 7,071 2,362 Grand total Proved Probable 1,643 0.64 0.23 10,554 3,699 Reserve Ore Quantity Zn Grade Pb Grade Zn metal Pb metal Project name classification (kt)t) (t) Project Baiganhu Proved Probable 1,055 5.95 3.73 62,773 39,352 Source: Independent Technical Report prepared by Minarco-Mine Consult
6 Huili Resources (Group) Limited
2011 Annual Report Mines Information EXPLORATION PROJECTS AS OF
31 DECEMBER
2011 Type of Initial permit Permit Permit ore under Exploration issuance date renewal date expiry date Project name exploration Area (km2) (month/year) (month/year) (month/year) Project Baiganhu Gold Au 1.28 January
2009 May
2011 May
2014 Project H-989 Cu, Ni 1.91 November
2005 May
2011 May
2014 Project Heishan Cu, Ni 20.26 December
2009 January
2011 January
2014 Project Hongshanpo Pb, Zn 3.98 November
2008 December
2010 December
2013 Project Huangshan Cu, Ni 3.49 June
2008 December
2009 December
2012 Project Xidagou Pb, Zn 4.78 November
2008 January
2011 January
2014 Project Yinaoxia Cu, Au 8.93 November
2008 January
2011 January
2014 Type of ore under Permit exploration/ Exploration expiry date Project name mining Area (km2) (month/year) Current operation status Project Huaba V 11.41 April
2011 In the course of applying mining permit Project Huangjinmei Au 4.29 October
2011 In the course of applying mining permit Glossary: Au: Gold Cu: Copper Ni: Nickel Pb: Lead Zn: Zinc V: Vanadium V2 O5 : Vanadium Pentoxide CAPITAL EXPENDITURE For the year ended
31 December 2011, capital expenditure for the acquisition or upgrade of property, plant and equipment and land use rights was approximately RMB766,000.
7 2011 Annual Report Huili Resources (Group) Limited Chairman Statement Dear shareholders, On behalf of the board of directors of Huili Resources (Group) Limited (the Company or Huili Resources ), I am pleased to present the report on the annual results of the Company and its subsidiaries (collectively referred to as the Group ) for the
12 months ended
31 December
2011 (
2011 financial year or review period ). The report was the first results report following the listing of the Company. Following the listing of the Company at the beginning of this year, Huili Resources entered a new era. The Company will endeavor to enhance its advantages, accumulate the expertise in mining industry and grasp business opportunities to sustain the Group'
s long-term growth. In 2011, affected by the global economic fluctuations and the control of the macroeconomic policy in China, the Chinese economy slowed down modestly. However, the demand for nonferrous metal resources in China continued to increase. To tackle the backdrop of China'
s increasing reliance on the international market for nonferrous metal resources, it is mentioned in the outline of the Twelfth Five-year Plan that the state will drive the prospecting strategy. Wen Jiabo, Premier of the State Council, discussed and approved the Prospecting Breakthrough Strategic Action Outline (2011―2020) at the meeting of the Standing Committee of the State Council on