March 20, 2014
Khingan Resources Limited announces acquisition of license for Khinganolovo Tailings.
Khingan Resources Limited ("Khingan Resources" or the "Company") is pleased to announce that the company has sucessfully acquired licence for exploration and mining of Khinganolovo tailings dump. The tailings have been grown up during mining operations on Khinganskoye tin deposit from 1945 to 2005 years. During 70 years of operations more than 6 mln.t. of tailings, consisting from 7 to 10 thous.t. of tin have been accumulated in the dump. The company proposes to launch exploration works on tailings dump in July 2014. The lisence has been issued for 20 years.
Khingan Resources Limited
Telephone: +7 42622 20005