RE:250 Million ounces silverequivalent and more cash than mk.austrochris wrote: exploration permit for its Fuwan Silver Project ("Fuwan") has been renewed yesterday !
after more than 10 years of sleeping beauty , Now that the Fuwan and Changkeng Gold Project exploration permits have been renewed, the Company plans to resume permitting and development activities on the projects.
Best news for years here ! One of the best silverprojekts worldwide could
be in front of a rerating !
The exploration permit on Fuwan expired on July/2017, renewed March 2021 (expires Mar/2026). The exploration permit on the Changkeng project expired in Sept/2019, renewed November/2020 (expires Nov/2022) Safe to assume 0 efforts will be channeled towards gold project since the permit expires relatively soon, and all though the minco subsidiary controls 51% interest, it does so through a subsidiary with three other Chinese partners.