Chitageologorazvedka, a branch of Siberian Geological Production Association (Krasnoyarsk, a subsidiary of the state-owned holding RosGeo) completed the surveys at Kazakovo-Balakhnino site in Baley ore-placer area scheduled for the first six months of 2019. The field is located in Trans-Baikal territory.
Here the company is prospecting for gold in the weathering crusts. The geologists started their surveys in 2018, when the appropriate public contract was signed between RosGeo and Rosnedra Department of Mineral Resources in the Central Siberian District.
According to the terms of reference in 2019, the company is to perform 20 linear km of geological routes, 10,000 m3 of trenches, fulfill the areal geophysical surveys (subsurface symmetrical induced polarization electrical profiling, magnetic surveys) of 1: 10,000 scale - 11.7 km 2 , profile surveys by induced polarization vertical electric sounding method - 12 linear km. In addition, 1500 running meters of wells will be drilled.
Based on the results of the works already carried out on the Balakhnino site the geologists opened and traced to 240 m the mineralized gold-containing zone of up to 60 m thickness, under zone the weathering crust is for a depth of up to 40 m, four ore clusters are localized within the zone, the cluster meets the estimated parameters, its length varies from 100 to 200 m, the average thickness is 2-4 m and content of gold is 1,2 to 1,4 g/t.
