MINCO SILVER CORPORATION : http://www.mincosilver.ca/ : QwikReport

QwikReport

Fuwan Property

Overview

(click to enlarge photos)

Project Location

Drill Rig Location

Fuwan Township

Shipping Port Adjacent to Project

Local Power Plant
Location

The Fuwan Silver Project is located in Gaoming Country approximately 45 km southwest of Guangzhou City, the capital of Guangdong Province, and the fourth largest city in China with a population of 13 million people. The property is adjacent to Minco Gold Corporation's Changkeng Gold Property.

Permits

The Company holds three exploration permits, totaling 125.74 km2. The first, the Luoke-Jilinggang, is 57.16 km2 in size and held by Foshan Minco, while the other two permits, the Guyegang permit totaling 55.88 km2 and the Hecun permit totaling 12.7 km2, are held by Minco China in trust for Foshan Minco. To date, the Company has only worked on approximately 2.8 km of a 10 km strike length.

Deposit

The Fuwan silver deposit falls into the broad category of sediment-hosted epithermal deposits and is characterized by 8 zones of vein and veinlet mineralization within structural zones which have wide spread zones of silicification.

The deposit currently has estimated reserves of 9.118 Mt averaging 189 g/t Ag which is expected to sustain an underground operation, of 3,000 tpd, for a mine life of 9.2 years. There is potential to expand the reserves if the current indicated resources of 6,857,000 t averaging 173 g/t Ag for 38,203,000 ounces and the inferred resources of 11,290,000 t averaging 174 g/t Ag for 63,283,000 ounces of silver (Changkeng property included) are successfully upgraded. Only approximately one-third of the 10 km long Fuwan belt has been explored to date with drilling and there is a good exploration potential to find new resources which could also potentially expand the mine life.*


Infrastructure - A Miner's Dream

Unlike most mining properties, the Fuwan property is one of the few mineral projects with significant infrastructure in place, which is expected to save the company tens of millions of dollars in development costs.

Transportation is made easy with a four-lane highway that passes by the property and labour is readily available within the town of Fuwan (pop. 5,000) and nearby Gaoming City (pop. 100,000). Water and telecommunications are readily accessible and a high-voltage power line crosses the property. The adjacent Xijiang River also provides access to the South China Sea, which serves as an international waterway for shipping.

Easy access to a shipping channel also facilitates the disposal of waste rock and carries with it a significant economic benefit. The Company has been approached by several construction companies from Guangzhou City to purchase the waste material for gravel and construction materials with prices ranging from US$2.50 to US$4.50 per tonne. While capable of reducing mining costs, the company has neither reached agreement with any company nor factored these costs savings into their mine development plans.

Ownership

The Company currently has a 90% beneficial interest in the shares of Foshan Minco Mining Co. Ltd. ("Foshan Minco") in the Fuwan Silver Deposit, situated along the northeast margin of the Fuwan Silver Belt in Guangdong Province, People's Republic of China ("China").

For further information, please see our 43-101 Technical Reports page and then follow the link to our NI 43-101 Technical Report dated October 23, 2009 and January 24th 2008.

Geology - Mineralization

HISTORY

Silver and gold were discovered in the area in early 1990 by systematic follow-up of stream sediment and soil geochemical anomalies identified from surveys completed by the Guangdong Provincial government (Regional Geological Survey Team of Guangdong Bureau of Geological Exploration). The 757 Geological Exploration Team conducted trenching and drilling programs between 1993 and 1995 to evaluate the silver mineralization.

MINERALIZATION

Silver mineralization at Fuwan is hosted primarily within a Lower Carboniferous limestone sequence that is unconformably overlain by Upper Triassic siliciclastic rocks. The Carboniferous and Triassic units are folded into an open syncline that has a northeast trending axis. A series of faults oriented sub-parallel to bedding are developed near the unconformity and are considered the main control for the Fuwan silver mineralization and Changkeng gold mineralization. Most of the Fuwan silver mineralization is hosted in the Lower Carboniferous limestone sequence.

The total strike length of the mineralization is 2,790 m and is open to the north, south and southwest. Silver mineralization is characterized by fractured and silificied limestone accompanied by calcite and pyrite with minor galena, sphalerite and barite. Minor amounts of chalcopyrite, arsenopyrite, cinnabar and fluorite have also been observed in the mineralized zones.

The mineralized zones at the Fuwan Silver Deposit are currently considered primary mineralization and have been divided into two types:
  1. Siliceous (silicified) material: This type of material is grey to dark grey in colour and mainly composed of secondary quartz, illite, argillaceous and carbonaceous material, and pyrite. Fractures and mariolitic cavities were highly developed
  2. Calcareous-siliceous material (silicified limestone): This type of material is light grey to dark grey in colour and is composed of secondary quartz, residual limestone, calcite, and pyrite. The mineralization occurs in the second-order faults in the footwall limestone of the contact zone
Within the two above noted primary zones of mineralization, eight zones of silver mineralization have been identified:All other disclosure of a scientific or technical nature on this website was reviewed and approved by Thomas Wayne Spilsbury, an independent director of the Company, a Member of the Australian Institute of Geoscientists and a Fellow of the Australasian Institute of Mining and Metallurgy CP (Geo) and a "qualified person", as defined in NI 43-101

Resource Model

Movie Resolution: Low
Medium
High

Feasibility Study

View the Minco Silver Feasibility Technical Report

Minco Silver released the results of its International Bankable Feasibility Study (IBFS) on September 28, 2009. The report was completed by Wardrop, with portions of the study completed by NERIN, and concluded that the Fuwan Silver Project, based on available information, is technically and economically viable as an underground mining operation.

The Study defines an operation based on underground mining and milling of the ore producing a silver/lead concentrate and a zinc concentrate on site in township of Fuwan, approximately 45 km southwest of the provincial capital of Guangzhou, China.

PROJECT OVERVIEW

Deposit


The Fuwan silver deposit (the "Deposit") falls into the broad category of sediment-hosted epithermal deposits and is characterized by 8 zones of vein and veinlet mineralization within zones of silicification. Zones 7 and 8 are not included in the reserve estimate. The predominant sulphide minerals are sphalerite and galena with lesser pyrite, as well as rare arsenopyrite, chalcopyrite, and bornite. The deposit is poor in gold (typically <0.2 ppm).

Highlights of Feasibility Study:

Feasibility Study Highlights (Pre-Tax) Feasibility Results
Probable Mineral Reserve 9.118 Mt averaging 189 g/t Ag
Mine Life 9.2 Years
Daily Mine Throughput 3,000 tpd
Mill Recovery (Ag Recovered in both concentrates) 91%
Average Annual Recovered Ag in both concentrates 5.5 M oz
Total Recovered Ag in both concentrates 50.4 M oz
Total Operating Cost/t Ore Milled $34.42/t
Total Cash Cost per Payable oz Ag $5.65/oz
Pre-Production Capital Costs $73.1 M
Silver Price Used for Feasibility Study Economics 13.57/oz Ag
Total Revenue $648.2 M
Total Operating Cost $313.8 M
Total Royalty Payment $24.3 M
Total Operating Cash Flow $310.0 M
Net Present Value Before Tax @ 6% Discount Rate $111.5 M
Net Present Value Before Tax @ 8% Discount Rate $95.3 M
Internal Rate of Return Before Tax 33.2 %
Payback Period of Pre-Production Capital Costs 2.3 years
Construction Period 20 - 24 months


Resource Estimation

P&E completed five resource estimates for the Fuwan silver deposit in November 2005, November 2006, June 2007, December 2007 and May 2008. The May 2008 estimate, which is an update of the December 2007 estimate on the basis of infill drilling, formed the basis of the Study. All resource estimation technical reports were done in compliance with NI 43-101 and CIM standards, most of which were filed on SEDAR. There has been no additional drilling on the deposit area since that time.

Contained Mineral Resources (at a 40g/t Silver cut-off)

Resource Area & Classification
(does not include Changkeng mineralization)
tonnes
(Mt)
Ag
(g/t)
Ag
(M oz)
Au
(g/t)
Pb
(%)
Zn
(%)
Fuwan Permit Indicated 13.95 188 84.3 0.17 0.20 0.56
Fuwan Permit Inferred 10.24 171 56.1 0.26 0.26 0.72

Reserve Estimation

The resource estimate provided by P&E classified the resources for the Fuwan Zones 1 to 4 as indicated and inferred. The reserve does not include any resources from the Changkeng property. Only indicated mineral resources as defined in NI 43-101 were used to establish the probable mineral reserves. No reserves were categorized as proven.
Wardrop used a stope recovery factor of 95%, an average mining extraction rate of 97%, and an average 7% internal dilution, 8% external dilution, and 3% fill dilution to estimate the total amount of diluted probable mineral reserves. Ore reserve calculations conservatively assumed dilution to contain no metal.

Operating Costs

The operating cost estimates are based on a process rate of 990,000 t of ore annually or 3,000 tpd of ore.

Mining $ 18.01/t
Processing $    9.90/t
Tailings $    1.13/t
G&A $    4.78/t
Surface Services $    0.60/t
Total $ 34.42/t

Capital Costs

This estimate has been completed partially by NERIN and partially by Wardrop. The majority of the information used in the estimate is based on the quantities and pricing provided by NERIN to Wardrop

Area Cost
Direct Works
(US$ x 1,000)
A - Mining (Wardrop)
B - Primary Crushing
C - Crushed Ore Stockpile and Reclaim
D - Secondary and Tertiary Crushing
E - Grinding, Flotation, Dewatering, Reagents & Service
F - Tailings Disposal Facilities
G - Plant Site, Infrastructure & Ancillary Facilities
H - Temporary Services
L - Site/Plant Mobile Equipment
N - Power Lines (Included in G1 - Power Supply)
21,637
660
305
52
9,140
4,250
8,627
35
1,190
Included in G1
Direct Works Subtotal $45,896
Indirect  
X - Project Indirect
Y1 - Land Acquisition
Y1 - Owner’s Costs
Z - Contingency
13,330
2,120
5,663
6,051
Indirect Subtotal $27,164
TOTAL PRE-PRODUCTION CAPITAL COSTS (US$) $73,060
Working Capital $8,300
Sustaining Capital $59,900

Sensitivity Analysis

The project economics are sensitive to silver price, Operating costs and Capital expenditures. The sensitivity analysis results are in the table below:

Parameter Economic Indicator Change
-20% -10% Base Case 10% 20%
Silver Price NPV ($M) 33 72 112 151 190
IRR (%) 15 25 33 41 48
Opex NPV ($M) 157 134 112 89 66
IRR (%) 41 37 33 29 24
Capex NPV ($M) 126 119 112 105 97
IRR (%) 42 37 33 30 27


View The Complete News Release in PDF Format:
http://www.mincosilver.ca/i/pdf/2009-09-28_NR.pdf

For further information, please see our 43-101 Technical Reports page and then follow the link to our NI 43-101 Technical Report dated October 23, 2009 and January 24th 2008.

Exploration / Drilling

Exploration Programs

Minco Silver conducted a comprehensive exploration program on the Fuwan Project during the 2005 - 2008 period. The exploration program includes six phases of drilling totaling 260 drill holes comprising 69,074 m of diamond drilling over both the Fuwan Silver Deposit and the surrounding regional area, detailed hydrological studies for the Fuwan deposit area, metallurgical testing, and geotechnical studies. An exploration report was prepared on the Fuwan deposit at the end of the exploration program and was approved by MOLAR.

The assay results from the drilling programs can be reviewed on the Company's website under various news releases and on SEDAR

Drill Results

Minco Silver began its first phase of drilling on the Fuwan Silver deposit in December of 2005 and completed over 200 holes, totaling more than 50,000 m, by May of 2008. A table of completed holes can be found below.
Hole From (m) To (m) Intercept (m) Average Grade
Au (g/t) Ag (g/t) Pb (%) Zn (%)
FW0002 128.55 130.55 2 0.07 64.5 0.06 0.25
133.55 135.6 2.05 0.1 71.4 0.1 0.16
147.34 152.73 5.39 0.04 129.8 0.1 0.36
165.35 166.15 0.8 0.22 1,280.00 0.08 1.5
191.25 191.75 0.5 0.12 380 0.07 9.83
195.04 208 12.96 0.26 234.2 0.05 1.64
227.04 228.45 1.41 0.07 98 0.02 0.02
FW0003 242.7 251.8 9.1 0.27 248.1 0.24 0.46
257 264.1 7.1 0.07 74.4 0.09 0.39
292.3 293.3 1 0.03 894 1.44 0.69
FW0004 285.38 287.86 2.48 0.06 190.5 0.14 0.16
300.23 302.65 2.42 0.05 106.8 0.07 0.12
FW0005 236.57 252.42 15.85 0.25 516.9 0.1 0.27
FW0006 129.95 137.25 7.3 0.16 261.2 0.11 0.46
FW0007 95 98 3 0.17 168 0.04 0.12
115.76 118.16 2.4 0.22 1,183.40 0.21 0.5
FW0008 178 179.4 1.4 0.22 116.3 0.34 3.21
181.87 182.27 0.4 0.02 468.5 0.11 0.07
FW0009 167.16 167.88 0.72 0.16 103 0.06 0.13
178.15 182.05 3.9 0.05 221.4 0.04 0.31
232.55 236.28 3.73 0.08 292.5 0.31 0.94
FW0010 226.5 227.6 1.1 0.09 57 0.03 0.01
  250.9 254.9 4 0.04 183.9 1.26 0.67
  288.65 289.35 0.7 0.09 62.1 0.17 0.7
FW0011 154.97 156.97 2 0.12 267.3 0.08 0.18
  178.63 179.3 0.67 0.04 70    
FW0012 128.16 134.03 4.48 0.15 253.9 0.31 0.11
140.37 146.65 6.28 0.12 155.6 0.1 0.49
201 203.2 2.2 0.2 154 0.2 1.08
FW0013 237 243 6 0.41 575.2 0.57 2.36
256.1 265.4 9.3 0.1 270.6 0.36 3.35
FW0014 236.92 240.62 3.7 0.12 143.5 0.09 0.48
266.15 271.02 4.87 0.04 76.1 0.18 0.84
287 288.2 1.2 0.07 228 1.27 0.52
FW0015 42.29 43.09 0.8 0.1 118 0.6 0.53
50.4 52.44 2.04 0.1 81.6 0.12 0.35
55.59 56.69 1.1 0.09 152 0.04 0.04
FW0016 250.37 250.9 0.53 0.11 325 0.36 1.17
268.56 270.14 1.58 0.27 136.2 0.24 0.23
FW0017 97.32 98.32 1 0.16 271 0.12 0.28
113.73 114.73 1 0.11 391 0.27 2.06
158.7 161.68 2.98 0.07 166.2 0.49 1.36
FW0018 154.84 158.14 3.3 0.14 251.9 0.17 0.4
161.1 162.1 1 0.13 128 0.09 0.55
183.1 183.9 0.8 0.26 322.8 0.48 3.18
195.45 197.45 2 0.01 90.9 0.04 0.11
208.35 209.15 0.8 0.11 1,930.50 1.08 2.21
256.43 256.73 0.3 0.08 192.5 0.76 2.23
FW0019 223.92 232.77 8.85 0.09 338.47 0.52 0.78
234.27 236.97 2.7 0.27 64.36 0.15 0.61
FW0020 NSR
FW0021 71.91 80.01 8.1 0.24 152.6 0.16 0.16
91.1 92.1 1 0.1 620.5 0.47 3.2
95.5 99.93 4.43 0.15 176.2 0.36 0.7
110.8 111.16 0.36 0.14 2,100.00 9.31 5.8
FW0022 235.2 235.7 0.5 0.08 68    
FW0023 281.2 282 0.8 0.04 66 0.043 0.14
319 319.7 0.7 0.04 235 0.14 0.21
FW0024 86.5 87.6 1.1 0.18 234 0.1 0.08
89.9 93.05 3.15 0.16 75.3 0.11 0.56
103.07 104.79 1.72 0.13 126.4 0.08 0.28
FW0025 115.5 118.9 3.4 0.28 345.18 0.1 0.15
  182.85 198.2 15.35 0.17 329.81 0.52 0.99
FW0026 285.06 295.14 10.08 0.47 295.8 0.2 0.67
301.14 306.39 5.25 0.06 236.4 0.42 0.8
FW0027 255.3 255.9 0.6 0.1 92 0.12 0.17
FW0028 277.11 277.47 0.36 0.06 292 0.13 0.68
289.01 289.49 0.48 0.04 152 0.11 0.16
FW0029 268.87 270.92 2.05 0.11 97.1 0.08 0.21
289.06 289.46 0.4 0.18 1,413.00 0.95 2.44
FW0030 181.53 182.53 1 0.51 281.5 0.44 1.82
210 216.36 6.36 0.04 228.3 0.51 0.34
FW0031 108.2 114 5.8 0.38 55.3 0.05 0.24
149.97 150.27 0.3 0.07 1,095.00 1.59 0.76
FW0032 95.87 96.68 0.81 0.31 855 0.49 1.79
132.2 133.65 1.45 0.28 98.25 0.36 0.31
FW0033 135.31 135.89 0.58 0.03 228    
138.99 139.79 0.8 0.18 112.5 0.04 0.42
143.2 143.66 0.46 0.07 498 0.27 0.27
165.39 166.37 0.98 0.03 88 0.03 0.04
FW0034 87.8 89.8 2 0.44 161.8 0.08 0.2
92.8 94.8 2 0.29 131.5 0.1 0.09
97.7 98.7 1 0.2 65.27 0.09 0.03
FW0035 65 66.6 1.6 0.29 114.9 0.26 2.76
73.8 78.8 5 0.22 439.55 0.4 0.99
111.1 113.25 2.15 0.16 269.5 1.3 8.26
117.6 118.5 0.9 0.13 181 1.08 4.84
FW0036 175.8 177.8 2 0.32 285.05 0.24 0.99
FW0037 117.6 119.6 2 0.69 67    
121.6 134.24 12.65 0.22 121.11 0.15 1.26
FW0038 303.01 304.18 1.17 0.1 81.5    
FW0039 147.45 154.88 7.43 0.3 139.92 0.1 0.78
172.65 173.73 1.08 0.13 95 0.18 0.22
195.52 196.7 1.18 0.05 89 0.06 0.25
FW0040 185 187.9 2.9 0.13 581.52 0.96 0.54
FW0041 170.25 182.4 12.15 0.57 458.12 0.36 0.68
FW0042 130.8 134.55 3.75 0.2 123.76 0.02 0.03
163.83 164.53 0.7 0.06 165 0.09 0.3
FW0043 198.7 199.2 0.5 0.01 133.5    
242.87 243.15 0.28 0.15 1,438.00 0.51 1.74
FW0044 205 207.3 2.3 0.35 407.22 0.21 0.33
FW0045 140.5 147.7 5.5 0.1 56.92 0.03 0.03
FW0046 259.34 261.08 1.74 0.29 343.51 0.37 3.24
275.43 276.66 1.23 0.14 109 0.56 1.88
FW0047 NSR
FW0048 227.5 245.5 11.1 0.21 99.67 0.16 0.45
FW0049 230.03 231.03 1 0.15 115 0.02 0.06
245.48 246.48 1 0.18 240 0.13 0.09
FW0050 248.37 251.38 3.01 0.24 599.09 0.52 0.75
281.45 282.57 1.12 0.03 255 0.11 0.02
308 309.06 1.06 0.02 160 0.24 0.36
FW0051 321.6 321.85 0.25 0.04 713 0.21 0.39
FW0052 221.4 227.3 3.4 0.08 148.29 0.1 0.03
245.6 246.1 0.6 0.21 203 0.06 0.09
278.45 279.35 0.9 0.3 444.5 0.11 0.37
FW0053 284.29 288.25 3.96 0.22 1,223.75 0.98 2.02
300.55 302.02 1.47 0.1 501.52 0.19 1.14
FW0054 301.56 302.46 0.9 0.13 576 3.22 2.66
FW0055 194.89 197.63 2.74 0.17 126.17 0.06 0.25
FW 0056       NSR      
FW0057 80.4 83.65 3.25 0.08 190.98 0.15 0.29
  97.53 98.66 1.13 0.39 463 0.99 6.06
  102.35 105.67 3.32 0.17 404.16 0.55 1.41
  119.75 120.7 0.95 0.1 223.5 1.26 0.58
FW0058 76.64 78.46 1.82 0.55 867.2 0.76 0.98
112.72 113.32 0.6 0.05 148 1.25 0.1
135.86 136.75 0.89 0.04 445 0.56 1.12
FW0059 224.92 233.47 7.85 0.19 160.96 0.23 0.4
257.37 258.62 1.25 0.02 85 0.05 0.16
FW0060 176.11 176.69 0.58 0.18 287.5    
FW0061 132.52 133.52 1 0.36 112 0.06 0.05
148 149.5 1.5 0.04 348.5 1.01 0.17
178.16 179.24 1.08 0.08 165.5 1.26 4.43
204.43 207.2 2.77 0.06 386.2 1.66 3.5
211.45 213.65 2.2 0.07 106.3 0.28 2.35
FW0062 222.24 226.34 4.1 0.34 268 0.07 0.21
230.52 238.06 7.54 0.21 388.64 0.59 1.23
261.04 264.48 3.44 0.19 233.57 0.28 2.55
269.06 269.56 0.5 0.07 700 3.99 3.76
284 284.58 0.58 0.1 173.75 0.58 1.76
FW0063 188.22 191.22 3 0.11 311.33 0.12 0.16
199.22 200.22 1 0.08 308 0.18 0.26
FW0064 221.8 237 15.2 0.11 130.93 0.14 0.53
FW0065 262.5 264.5 2 0.16 113.8    
FW0066 46.76 50.25 3.49 0.27 137.87 0.05 0.08
55.05 55.51 0.46 0.1 440 1.14 3.43
FW0067 209.07 210.04 0.97 0.05 208 0.07 0.07
FW0068 266.59 267.59 1 <0.01 47    
FW0069 285.08 286.42 1.34 0.07 180.5 0.08 1.3
FW0070 259.45 263.38 3.93 0.13 364.5 0.44 1.28
264.8 265.44 0.64 0.06 41    
269.02 270.06 1.04 1.04 70    
284.94 285.74 0.8 0.06 616.5 0.61 0.11
FW0071 176.25 177.6 1.35 0.42 549 0.28 3.37
183.05 188.05 5 0.38 164.7 0.1 0.45
207.84 209.51 1.67 0.19 193.34 0.23 3.15
FW0072 130.86 137.52 6.66 0.39 208.33 0.12 0.36
172.47 175.67 3.2 0.12 136.3 0.04 0.18
FW0073 190.86 191.21 0.35 0.35 10,429.00 4 5.72
FW0074 NSR
FW0075 176.42 177.22 0.8 0.03 505 0.98 2.51
FW0076 167.17 169.17 2 0.14 118.5 0.04 0.22
195.59 198.84 3.25 0.08 1,143.80 0.42 0.55
FW0077 171 173 2 0.89 1,047.00 0.33 0.63
178.1 179.2 1.1 0.53 405 0.09 0.28
FW0078 172.9 187.15 14.25 0.16 434.32 0.23 1.43
194.82 196.98 2.16 0.11 153 0.1 0.8
FW0079 141.38 143.68 2.3 0.05 508.2 0.11 0.31
FW0080 123.08 124.28 1.2 0.21 188 0.06 0.11
FW0081 188.87 196.37 7.5 0.06 194.83 0.1 0.43
202.98 204.08 1.1 0.08 107.5 0.42 2.03
FW0082 217.39 218.52 1.13 0.07 118.5 0.12 0.41
FW0083 196.46 204.11 7.65 0.42 314.18 0.12 0.51
FW0084 166.92 168.92 2 0.07 101 0.03 0.09
191.12 193 1.88 0.15 95.61 0.2 0.31
FW0085 191.44 192.55 1.11 0.16 93.5 0.17 1.43
205.6 211.7 6.1 0.28 293.9 0.21 0.39
226.75 227.75 1 0.14 113 0.13 0.37
245.88 246.88 1 0.25 108 0.12 0.43
FW0086 240 240.2 0.2 0.04 1,17.5.00    
FW0087 230.61 230.89 0.28 0.23 1,171.50 0.42 1.75
FW0088 302.69 303.52 0.89 0.11 32    
FW0089       Incomplete      
FW0090 158.93 165.93 7 0.28 91.64 0.03 0.11
223.15 230.96 7.81 0.11 557.49 0.27 1.28
250.2 251.5 1.3 0.1 177 0.06 0.17
FW0091 241.9 242.75 0.85 0.11 26.1    
FW0092 220.6 226.1 5.5 0.33 108.97 0.06 0.08
255.5 256.4 0.9 0.9 377 0.25 0.49
FW0093 230.4 230.85 0.45 0.06 455.5 0.22 0.15
245.8 248.55 2.75 0.06 126.63 0.42 0.66
272.4 274 1.6 0.06 109.5 0.58 2.28
FW0094 239.93 240.93 1 0.25 334.5 0.15 0.65
249.33 253.68 4.35 0.05 107.85 0.22 0.32
FW0095 197.97 201.6 3.82 0.38 204.51 0.02 0.02
240.4 246.4 6 0.12 99.67 0.09 0.16
260.75 261.55 0.8 0.07 196 0.06 0.22
FW0096 241.7 247.1 5.4 0.07 768.67 0.49 0.82
FW0097 224.6 248.4 3.8 1.68 54.53 0.04 0.12
270.15 270.6 0.45 0.34 663.5 0.37 0.42
287.55 288.65 1.1 0.08 103 0.23 3.41
290.8 291.65 0.85 0.11 231 0.42 4.04
314.25 317.9 3.65 0.1 84.39 0.19 3.48
322.8 323.9 1.1 0.2 117.5 0.26 5.18
FW0098 260.02 261.47 1.45 0.16 54.34 0.07 0.18
FW0099 243.75 250.55 6.8 0.12 149.09 0.26 1.77
260.03 263.4 3.1 0.18 200.63 0.3 3.49
FW0100       Incomplete      
FW0100-1 * 176.22 177.22 1 0.63 55 0.02 0.01
  188.7 203.3 14.6 0.07 26.25 0.03 0.03
  270.4 271.4 1 0.03 63 0.04 0.07
  280.4 284.1 3.7 0.18 91.86 0.05 0.35
FW0101 240.48 241.48 1 0.01 151 0.01 0.01
244.41 246.26 1.85 0.1 152.55 0.16 1.36
FW0102 122.43 125.76 3.33 0.37 1,602.89 0.42 1.16
188.63 189.95 1.32 0.09 92.5 0.51 1.01
FW0103 218.65 219.65 1 <0.01 26.3    
FW0104 217.36 220.30 2.94 0.14 275.61 0.18 0.47
238.00 239.00 1.00 0.08 266.00 0.16 0.24
246.00 249.95 3.95 0.14 377.90 0.87 1.87
FW0105 265.35 268 2.65 0.17 1,165.28 1.55 2.46
FW0106 242.45 244.45 2 0.09 57 0.3 0.42
264.27 266.32 2.05 0.07 808.24 0.39 2.12
FW0107       NSR      
FW0108 235.97 237.13 1.16 0.12 50 0.05 0.05
FW0109 284.42 287.2 2.78 1.27 65.1 0.06 0.25
296.36 298.9 2.54 0.03 282.27 0.17 1.69
FW0110 281.5 287.5 6 0.41 118.52 0.06 0.44
297.3 301.6 4.3 0.15 107.2 0.15 0.4
315 319.7 4.7 0.08 655.69 0.71 0.6
324.7 332.34 7.64 0.08 216.16 0.43 1.18
353.5 355.3 1.8 0.07 168.11 0.49 1.11
FW0111 262.2 264.2 2 0.15 574 0.44 0.49
295.1 295.85 0.75 0.05 267.5 0.3 1.98
321.8 322.6 0.8 0.17 253.5 0.12 0.06
FW0112 258.2 259.5 1.3 0.05 165 0.06 0.13
FW0113       NSR      
FW0114 181.24 184.48 3.24 0.07 372.58 0.54 1.72
FW0115 98.7 106.6 7.9 0.09 292.2 0.46 0.36
124.58 125.65 1.07 0.45 1,456.50 4.5 10.73
FW0116       NSR      
FW0117 92.81 98.81 6 0.24 233.92 0.15 0.52
104.94 105.94 1 0.19 165 0.12 0.31
113.98 116.21 2.23 0.06 209.41 0.48 0.93
126.94 131.14 4.2 0.09 353.9 1.28 2.63
153.59 156.89 3.3 0.04 412.67 1.08 2.05
FW0118 65.67 70.3 4.63 0.19 177.27 0.1 0.15
FW0119 101.28 103.23 1.95 0.2 472.95 0.84 3.3
  107.69 109.33 1.64 0.04 80 0.03 0.05
  116.72 120.4 3.68 0.21 354.13 0.71 1.41
FW0120 116.7 123.83 7.13 0.19 190.67 0.64 0.45
128.7 131.98 3.28 0.23 265.46 1.2 2.19
145.01 146.06 1.05 0.11 356 0.59 2.1
FW0121 107.3 110.3 3 0.13 173 0.1 0.38
FW0122 100.33 106.25 5.92 0.17 160.64 0.78 1.4
FW0123       Incomplete      
FW0124 127.75 129 1.25 0.11 1,166.00 2.35 1.63
FW0125 165.95 170.18 4.23 0.1 93.03 0.33 1.77
FW0126 107.82 109.85 2.03 0.15 152.24 1.62 4.35
FW0127       NSR      
FW0128* 128.1 129.77 1.67 0.14 81.01 0.4 1.43
  153.13 154.35 1.22 0.08 192 0.36 0.91
FW0129       NSR      
FW0130 233.93 234.33 0.4 0.07 93 0.26 1.02
  236.5 238.1 1.6 0.04 173.44 0.55 0.54
  265.83 267.97 2.14 0.09 251 0.47 3.17
  283.06 284 0.94 0.07 346    
FW0131 162.35 163.49 1.14 5.24 196 0.09 0.05
  168.61 171.44 2.83 0.28 130.31 0.13 0.2
  209.27 210.35 1.08 0.26 2,867.50 1.24 11.31
FW0132       NSR      
FW0133 76.06 84.74 8.68 0.13 125.83 0.14 0.64
  114.35 115.45 1.1 0.14 409.5 1.12 3.26
  134.56 135.4 0.84 0.08 90 0.07 0.03
  152 155.4 3.4 0.05 95.28 0.73 0.19
  188.83 189.15 0.32 0.05 163 0.34 0.64
  211 211.7 0.7 0.09 238 0.89 1.32
  213.7 214.7 1 0.1 53 0.08 0.06
FW0134 185.65 186.3 0.65 0.09 1,196.00 1.69 2.19
FW0135* 85.18 111.87 26.69 0.09 87.50 0.13 0.47
FW0136 170.8 175.76 4.96 0.11 203.27 0.08 0.72
  209.7 211.7 2 0.11 74    
FW0137 164.07 167.03 2.96 0.16 253.41 0.14 0.85
  214.05 214.76 0.71 0.07 502.5 0.74 0.66
  261.47 262.57 1.1 0.22 125 0.16 0.57
  296.15 296.46 0.31 0.1 119.5 0.07 0.28
FW0138 129.65 130.65 1 0.14 208.5 0.57 1.85
FW0139 135.1 136.1 1 0.45 56 0.01 0.04
  199.4 200.9 1.5 0.1 851.08 0.39 0.85
FW0140 119.05 122.45 3.4 0.17 286.81 0.16 0.32
  204.77 206.1 1.33 0.04 178.5 0.21 0.59
  208.45 210.18 1.73 0.12 116.36 0.61 1.83
FW0141       NSR      
FW0142 193.71 194.71 1 0.07 91.5 0.06 0.18
FW0143 184.85 185.22 0.37 0.1 169.5 0.14 0.13
  254.87 255.72 0.85 0.03 193.5 0.15 0.38
FW0144 128.45 134.45 6 0.19 482.83 0.55 1.25
  142.45 143.45 1 0.06 75 0.19 0.32
  175.11 175.45 0.34 0.11 50 0.41 6.46
  220.54 221.54 1 0.02 65 0.23 0.28
  223.3 224.3 1 0.11 59 0.09 2.7
  229.45 229.85 0.4 0.07 218.5 0.25 2.44
  236.85 238.45 1.6 0.02 61.5 0.66 0.46
  265.25 265.95 0.7 0.15 54 0.34 3.64
FW0145 117 118 1 0.05 351 0.68 1.27
FW0146 284.05 284.55 0.50 0.11 117.50 0.76 3.10
292.85 293.85 1.00 0.05 227.50 0.40 0.54
300.75 301.75 1.00 0.01 118.00 0.04 0.01
311.55 312.55 1.00 0.17 53.00 0.03 1.60
FW0147 43 83.3 40.3 0.14 241.4 0.09 0.29
  96.7 101.6 4.9 0.11 926.33 2.35 9.31
  104.6 108.5 3.9 0.07 893.19 1.72 9.79
  145.55 146.3 0.75 0.01 199 0.14 0.45
  150.14 152 1.86 0 284.13 0.38 0.33
  163.2 164.2 1 0 293.5 0.09 0.32
FW0148       NSR      
FW0149 173.05 174.05 1 0.15 232.5 0.77 2.05
  232.03 232.45 0.42 0.02 318 0.93 1.54
FW0150       NSR      
FW0151 223.3 224.1 0.8 0.08 101.5 0.24 0.24
FW0152 189.7 190.45 0.75 0.32 1,264.00 2.63 5.64
  197.33 208.45 11.12 0.15 108.45 0.4 0.66
FW0153 186.8 187.8 1 0.11 150 0.05 0.33
  190.8 191.8 1 0.08 127.5 0.12 0.33
  195.2 196.2 1 0.06 105 0.06 0.09
  255.7 256.7 1 0.01 89 0.06 0.18
  263.81 264.96 1.15 0.02 101 0.15 0.32
FW0154 182.15 184.55 2.4 0.37 724.56 2.2 4.36
FW0155 296.4 297.43 1.03 3.29 275.5 3 4.72
FW0156 169.65 170.65 1 1.3 2,142.00 0.58 1.33
  174.65 183.55 8.9 0.09 175.2 0.03 0.18
FW0157 **       NSR      
FW0158 130.58 132.9 2.32 0.03 211.46 0.46 0.78
136.28 140.17 3.89 0.15 74.95 0.23 1.09
161.9 165.21 3.31 0.03 202.72 0.21 0.41
182.89 183.86 0.97 0.14 156 0.24 1.28
FW0159 183.95 185.62 1.67 0.03 251.13 0.09 0.12
FW0160 85.85 96.3 10.45 0.2 105.84 0.08 0.24
  98.3 99.15 0.85 0.21 94.5 0.16 0.62
  101.85 102.85 1 0.12 57 0.08 0.63
  127.02 127.52 0.5 0.21 379.5 1.49 0.15
  156.03 156.3 0.27 0.28 458 0.44 1.02
FW0161 160.7 161.6 0.9 0.08 133.5 0.11 0.49
FW0162       NSR      
FW0163 35.35 36 0.65 0.05 330.5 0.15 0.05
  47.6 48.4 0.8 0.16 366.5 0.09 5.18
  106 106.6 0.6 0.11 79 0.06 0.19
FW0164 92.35 93.2 0.85 0.06 168 0.14 0.4
  114.05 114.95 0.9 0.03 87 0.24 1.23
FW0165 195.03 196.03 1 0.15 427 0.37 0.97
FW0166 65.6 66.6 1 0.21 276 0.24 0.66
  69.6 70.6 1 0.4 308 0.28 0.85
FW0167 96.5 98.7 2.2 0.16 139 0.1 0.31
FW0168 28.57 46 17.43 0.29 185.35 0.07 0.2
FW0169       NSR      
FW0171 87.7 94.7 7 0.05 88.89 0.13 0.59
  107.1 108.8 1.7 0.22 76.41 0.09 0.42
FW0172 111.4 143.95 2.7 0.59 183.67 0.11 0.79
FW0173       NSR      
FW0174       NSR      
FW0175 38.35 41.35 3 0.1 74.33 0.02 0.09
FW0176 73.87 76.87 3 0.06 98.17 0.02 0.1
  87.5 91.04 3.54 0.04 80.72 0.01 0.01
  129.3 140.74 11.44 0.04 89.5 0.07 0.13
  159.2 159.74 0.54 0.08 144 0.22 0.42
FW0177 139.3 141.3 2 0.37 1,468.25 0.16 0.27
  144.8 145.9 1.1 0.29 429.5 0.22 1.32
  156.44 156.9 0.46 0.09 169 0.11 0.56
  158.8 159.25 0.45 0.18 328.5 0.18 0.47
  182.7 183.7 1 0.25 115.5 0.08 0.18
  185.31 187 1.69 0.25 485.79 0.41 1.31
  193.8 196.8 3 0.21 159.67 0.07 0.16
FW0178 188.15 189.95 1.8 0.11 187.65 0.04 0.28
  193.1 194.2 1.1 0.05 123.5 0.07 0.33
  280.8 281.2 0.4 0.02 361.5 0.25 0.11
  288.78 289.68 0.9 0.08 112 0.41 1.83
FW0179 210.1 225.3 15.2 0.29 474.12 0.1 0.19
FW0180 218.2 218.5 0.3 0.13 79 0.03 0.3
  222.82 226.36 3.54 0.09 218.54 0.13 0.69
  242.91 243.66 0.75 0.02 88 0.02 0.03
  251.64 253.8 2.16 0.04 185.42 0.04 0.05
  257.75 260.14 2.39 0.17 448.99 0.89 5.59
  261.99 262.79 0.8 0.12 57 0.13 0.2
FW0181 233.56 234.31 0.75 0.23 64 0.03 0.48
  235.8 236.7 0.9 0.05 66 0.04 0.05
  245.6 250 4.4 0.08 116.66 0.4 0.6
  267.75 267.97 0.22 0.1 76 0.21 0.35
  282 282.16 0.16 0.1 1,999.50 1.46 0.04
  300.9 301.85 0.95 0.04 258.5 0.8 0.92
  304.1 305.15 1.05 0.19 135.52 0.47 0.94
  340.93 341.26 0.33 0.18 205.5 0.19 0.67
FW0182 189.5 195.5 6 0.64 304.5 0.17 0.32
  200.25 203.25 3 0.13 78.17 0.08 0.16
FW0183 198.8 199.3 0.5 0.03 343 0.58 0.86
  250.85 251.3 0.45 0.08 513.5 0.44 2.06
  256.6 257.25 0.65 0.16 628 1.01 3.02
  263.8 264.2 0.4 <0.01 142 0.01 0.3
  277.75 278.7 0.95 <0.01 54 0.06 0.12
  288.5 289.25 0.75 0.02 72 0.06 0.3
FW0184 25.35 27.35 2 0.39 117.25 0.02 0.02
  293.8 294.55 0.75 0.01 70 0.79 3.97
FW0185       NSR      
FW0186 85.6 99.9 14.3 0.02 39.65 0.01 0.03
  117.5 119.3 1.8 0.15 105.5 0.04 0.14
  128.95 131.25 2.3 0.21 103.5 0.04 2.62
  137.33 138.45 1.12 0.07 79 0.1 0.52
FW0187       NSR      
FW0188 127.05 127.85 0.8 <0.01 58 0 0.01
132.65 133.65 1 0.03 54 0 0.01
143.9 144.16 0.26 0.08 494 0 0.03
248 249.35 1.35 0.02 114.37 0.16 0.06
FW0189 98.05 99.05 1 <0.01 65 0 0.02
103.05 107.05 4 0 50.25 0 0.02
FW0190 121.7 121.8 0.1 0.12 258 0.45 2.67
130.2 130.35 0.15 0.06 315 0.41 2.02
FW0191 68.3 69.3 1 0.83 52 0.08 0.34
152.1 152.8 0.7 0.09 125 0.36 1.43
FW0192 53.05 55.8 2.75 0.15 124 0.01 0.04
66.3 72.1 2.5 0.15 89.56 0.02 0.04
161.74 164.24 2.5 0.13 361.33 0.22 0.61
169.24 171.2 1.96 0.26 388.78 1.29 3.26
203.07 208.25 5.18 0.18 469.3 1.3 2.93
215.4 215.72 0.32 0.14 934 0.45 1.49
FW0193 55.11 56.2 1.09 0.39 154 0.04 0.09
72.83 73.17 0.34 <0.01 647 0.25 0.46
78.13 79.38 1.25 0.13 89.6 0.06 0.15
FW0194 256.2 256.3 0.1 0.08 318 0.22 0.05
295.5 295.9 0.4 0.05 105 0.6 0.58
FW0195 95.2 113.85 6.1 0.33 49.83 0.01 0.06
161.35 165.35 4 0.1 229.5 0.83 0.6
238.66 238.97 0.31 0.1 152 0.1 1.69
252.55 253.55 1 0.35 168 0.12 6.06
FW0196 72.6 74.03 1.43 0.58 121.62 0.15 0.49
FW0197 130.6 133.9 0.8 0.21 145 1.04 3.02
  163.8 167.3 1.3 0.85 216.77 0.25 0.5
FW0198 101.1 110.45 6.78 0.18 79.03 0.02 0.04
130.5 131.6 1.1 0.07 104 0.04 0.24
205.85 206.85 1 0.18 385 0.35 2.45
241.7 243.2 1.5 0.17 521 0.54 0.66
262.8 263.5 0.7 0.03 198 0.36 0.52
FW0199 56.8 57.8 1 0.04 50 0.02 0.02
68.7 69.7 1 0.02 50 0.02 0.12
104.3 112 2.1 0.07 121.33 0.02 0.05
120.6 120.9 0.3 0.06 56.1 0.01 0.01
142.36 143.36 1 0.03 101 0.08 0.11
154.4 156.4 2 0.38 306.58 0.25 5.08
186.4 188.25 1.85 0.01 64.57 0.07 0.17
FW0200 97.75 102.95 5.2 0.17 316.44 0.3 0.57
FW0201 13.1 14 0.9 1.84 37 0.16 0.01
272.6 273.35 0.75 0.06 71 0.08 0.86
FW0202 19.05 20.05 1 0.06 84 0.03 0.15
142.8 143.5 0.7 0.13 124 0.02 0.03
FW0203   NSR    
FW0204 91.6 94 0.5 0.54 149.7 0.05 0.08
101.45 107.4 2.05 1.21 70.64 0.06 0.07
140.81 144.95 4.14 0.09 105.13 0.15 0.41
165.8 166.8 1 0.23 173 0.03 3.5
278.09 281.65 3.56 0.07 43.18 0.05 0.03
FW0205 18.14 26.34 8.2 0.1 87.48 0.03 0.08
FW0206       NSR      
FW0207       NSR      
FW0208 130.28 130.5 0.22 0.03 176 0.03 0.06
  173.9 175.1 1.2 0.1 356 0.13 0.84
FW0209 86.5 86.7 0.2 0.19 108 0.06 0.05
249.65 250.7 1.05 0.03 243 0.22 0.27
FW0210       NSR      
FW0211 34.6 44.05 8.35 0.3 41.25 0.02 0.03
  185.1 185.95 0.85 0.05 51.2 0.11 0.08
FW0212 41.52 45.93 1.91 0.06 111.12 0.03 0.15
  58.7 62.1 3.4 0.03 48.53 0.02 0.1
  68.35 68.7 0.35 0.21 362 0.28 0.08
  246.68 247.2 0.52 0.04 61 0.04 0.15
FW0213       NSR      
FW0214 402.64 403.84 1.2 0.25 154 0.61 4.17
FW0219       NSR      
FW0220 75.9 77 1.1 0.03 62 0.01 0.03
  79.8 81.9 2.1 0.32 50.52 0.03 0.07
  86.1 94.05 7.95 0.12 203.86 0.13 0.11
  121.8 124.9 3.1 0.11 180.87 0.08 0.59
  135.8 136.1 0.3 0.03 97 0.04 0.23
FW0221 43.9 44.2 0.2 0.25 1079 0.18 0.44
  57.4 57.6 0.2 0.07 616 0.67 0.3
  119.87 120.05 0.18 0.86 3107 1.69 2.67
FW0223 83.1 84 0.9 0.02 155 0.14 0.84
CK2002* 184.42 188.3 3.88 0.18 152.37 0.03 0.07
  205.4 213.3 7.9 0.16 264.55 0.13 0.25

For further information, please see our 43-101 Technical Reports page and then follow the link to our NI 43-101 Technical Report dated October 23, 2009 and January 24th 2008.

Drill Hole Maps

Fuwan Silver Belt: Soil Anomalies Map


Click to Enlarge View PDF Version


Fuwan Silver Belt: DDH on Soil Ag & GxT Map


View Drill Results Click to Enlarge View PDF Version


Fuwan Silver Belt: DDH on Magnetics Map


View Drill Results Click to Enlarge View PDF Version


Fuwan Silver Belt: DDH on Geology Map


View Drill Results Click to Enlarge View PDF Version

Copyright © 2017 by Minco Silver Corporation   All rights reserved worldwide.
For more information, send questions and comments to
This page was created on Mon Jul 24, 2017 at 3:51:43 PM Pacific Time.