DURMIN is an open-pittable low-sulphidation epithermal gold-silver deposit discovered in 1959 and first drilled in 1983. The TEO submitted at Krai level in 2010 supported:
- In-situ value of $860 million
- 85.8% gold recovery and 46.3% silver recovery
- Production license to 2025 (extendable)
Located adjacent to the regionally important Sikhote-Alin Fault. This belt of mineral deposits along the Sikhote-Alin can be traced from the Amur River mouth in the north, 1600 km to the south. NNW ‘splay’ off the Sikhote-Alin appears to be a major structural control on the location of Durmin.
- 26 holes complete for 5,550.9 m
- Previous TEO results validated
- Both Main and South Lodes extended significantly beyond the existing resource
- Multiple high grade plunging shoots identified
- Open in multiple directions
- Durmin anomaly has possible 4km strike length (x 10 of previous)
- Numerous additional gold-in-soils and copper-moly-gold soil targets identified.
- Highlights multiple structural controls on gold mineralization
- Apparent magnetite destructive alteration associated with anomalous copper-moly-gold soil targets (indicative of porphyry)