Ozernoe Ore Cluster

The MBC Corporation holds License UDE 140 76 TP (issued on 23 May 2007)  for  subsurface use within the Ozernoe ore cluster  in the territory of Yeravninsky district of the Republic of Buryatia  for the purpose  of geological exploration - prospect evaluation of  the deposits of lead, zinc, copper, iron ore and associated components. The nearest settlements are Ozerny settlement and Gunda village.

The licensed area is 762.4 km².

Prospect evaluation activities at the site were launched in 2008 and are carried out in accordance with the approved project. A number of potentially gold bearing areas at ore zone level have been identified as a result of 2008-2009 prospect evaluation survey.

It is planned to carry out estimation of prognostic resources (P₁ and P₂) estimation by the end of 2010.

Bakchar iron ore occurrence

License ТОМ 01334 ТР was transferred to “Bakchar Stal” LLC on 26 September 2008  for a target purpose of  iron ore geological exploration and mining at the Polynyansky subsurface area of the Bakchar iron ore field.  The zone is located in Bakchar district,  200 km north-west of Tomsk.

The licensed area - 37.5 km².

At present the company carries out design and exploration work and verification drilling (exploration and appraisal drill holes).

Well-known Russian and international companies, including AMC Consultants and HATCH, are involved in the project.

Deposit development will promote formation of a new industrial area and in many respects will determine further prospects of Tomsk region economic and social development.