-Frank Frederick Borman-
Exploration really is the essence of the human spirit, and to pause, to falter, to turn our back on the quest for knowledge, is to perish...
N-MINING LIMITED is a Cyprus registered private mining company limited by shares, with a focus on deposits of base and precious metals in the Far East of the Russian Federation and in the uplands of Cyprus.
We are a full member of the Cyprus Chamber of Commerce & Industry (CCCI), considering a listing possibility on the Cyprus Stock Exchange (CSE).
Our success is the result of our technical expertise, sound financial management, environmental experience and commitment to increasing value for the communities in which we operate today, and going to operate tomorrow.
OUR APPROACH AND OBJECTIVES:
license acquisition is based on metallogenic and geological analysis, existing digital databases, archival reports/maps and the activity of our competitors.
early stage exploration approach:
1st step - proposal of field target delineation based on systematic exploration including mapping, soil geochem., MAG and IP/SP;
2nd step – drill testing on most promising targets (1,000 – 2,000 m);
3rd step – resource delineation drilling on identified deposits;
4th step – search for potential investors in order to commence production.
focus on field work, geoscience vs. exploration balance;
continuous target re-ranking influences exploration budget;
motivated and experienced geological, legal and financial staff (international experience in large gold producing companies such as: Barrick, Polyus etc.; local and international geological standards, QA/QC procedures)
N-MINING LIMITED is the sole participant of the following Companies engaged in subsoil use on the territory of the Russian Federation:
Khabarovsk Krai and Primorsky Region
SULUK AREA is located in the western part of the Khabarovsk region, 15 km of Baikal-Amur main railway. The geology includes zoned metamorphic rocks of Upper Paleozoic and Triassic age, displaced along the regional Khingan fault of the NE trend, and intruded by small stocks and dyke swarms of the Late Cretaceous Badjal granitoids. Exploration in the early 1980s demonstrated the presence of copper-gold mineralization within the areas of extensive hydrothermal-metasomatic alteration (Sredny Temga, Luch, Pribrezhny showings). Fragments of metasomatic and geochemical zonation indicate above- and upper-ore levels of porphyry mineralization
TYR AREA is located on the right bank of Amur river, 60 km from the Nikolaevsk-on-Amur local centre and port. The geology of the area consists of Lower Cretaceous clastic sediments intruded by Late Cretaceous –Paleogenic diorite. Includes the occurrence of the same name, discovered in 1960 as a result of soil sampling, and tested by trenches and a single 150m drill hole. Channel sampling indicated grade level of 0.n% Cu, 0.n g/t Au. Drill hole returned low copper grades, core not assayed for gold. Besides Tyr occurrence, alteration halos followed by Au-Cu soli anomalies had been outlined in the eastern part of the area.
VERKNEE-ZOLOTOYE DEPOSIT is located in Primorsky region, 40km west from where the main deposit of Vostok tungsten mine is situated. The nearest port is 180 km away via all year road. Vostok is accessed via a sealed road to a rail head at Dalnerechensk which is approximately 210km West of the Project. Mineralization is hosted by altered Late Cretaceous clastic sediments, intruded by diorite stocks. The dominant element of value is copper but significantly anomalous grades of zinc, lead, tin and silver have potential to contribute to the Project value. The geological setting is reasonably well understood from 22 historic and 60 N-Mining diamond core hole drills, supported by soil geochemistry, magnetic data and pole dipole IP surveys.
KOVRIGA AREA is located on the right bank of the Amgun river, in an-interfluve of Amgun-Bychy. Abundant Early Cretaceous minor intrusions and dykes cutting tuffaceous-clastic sediments are followed by copper, gold and molybdenum anomalies and showings (Gorbatoe, Kentavr, Kovrizhnensky). The most explored Kovrizhnensky molybdenum showing is ca. 1km2 quartz-molybdenite stockwork in Paleogenic granite-porphyry. The showing had been tested by trenching and two 200m drill holes in 1960.
TURCHIK AREA is located on the right bank of navigable Amgun river, approximately 100 km from the Udinsk settlement. The stock-work is spatially related to the late phase of porphyry granitoid, hosted by earlier granite. Mineralization is not tested at depth. Above- or upper ore level of mineralization poorly outcropping in the creek valley is supposed.
* All properties of N-Mining in Khabarovsk and Primorsky Regions are well accessible via ground roads, rail road or via river and sea ports.
At the present time N-MINING LIMITED is in the process of obtaining licenses to carry out exploration and development of gold and copper deposits on the territory of the Republic of Cyprus.