Chitageologorazvedka, a branch of Siberian Geological Production Association (Krasnoyarsk, a subsidiary of the state-owned holding RosGeo) completed the surveys at Ivanovo ore field scheduled for the first six months of 2019. The field is located in Trans-Baikal territory.

Here the company is prospecting for gold-silver-polymetallic mineralization under the public contract between RosGeo and Department of Mineral Resources of Rosnedra in Central Siberian District in 2018.

According to the terms of reference in 2019 the geologists will complete 50 linear km of geological routes, 35,000 m 3 of ditches, take 4070 lithological samples for analysis, run 6.84 km 2 of areal geophysical surveys in the scale of 1: 25,000, 2.7 km 2 in the scale of 1: 10,000. There will also be carried out 15 linear km of specialized IP-VES works, and drill 1500 linear meters of wells.

According to preliminary calculations within Ivanovo polymetallic deposit it is expected to provide the increase of the forecast resources in category P1 as follows: gold - about 10 tons; silver - about 170 tons; lead - 14 thousand tons; zinc - 45 thousand tons.

Reference:

RosGeo is a Russian multi-disciplinary geological holding that carries out a full range of services related to geological exploration: from regional surveys to parametric drilling and monitoring of subsoil conditions. The holding company boasts a unique expertise, particularly in marine geology and shelf operations.

RosGeo was established following the Decree of the President of the Russian Federation of July 15, 2011, No. 957 on the basis of Tsentrgeologiya, an oldest Russian geological enterprise. Rosgeo is a fully state-owned company.

The enterprises within the Holding company operate in all eight Federal Districts of Russia. A total of more than 1000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields.

Chitageologorazvedka specializes in the survey, assessment and exploration works with application of the entire range of drilling, mining and exploration, geophysical, geochemical and analytical surveys. Specialists of the company made the assessments of large and unique deposits of uranium (Argun), polymetallic ores (Noyon-Tologoy), magnesite (Largino) and fluorite (Gozogorsk). They discovered and explored more than 20 placer gold deposits. The company also conducted the survey and exploration works in China and Mongolia.