Reserves of Salkhit deposit likely to increase by 2-3 times

2020-05-05 17:06:33

Speaker of the Parliament G.Zandanshatar visited and got acquainted with the operations of the Salkhit silver and gold deposit located in Gurvansaikhan soum of Dundgobi aimag yesterday, on May 3.

The plant, which operates 24 hours a day, four seasons a year, has the capacity to process 1,000 tons of ore per day and produce 30-40 tons of concentrate. One ton of concentrate contains about one kilogram of silver, three grams of gold, and more than one kilogram of copper and zinc. The concentrator consists of five main parts and processes the ore by flotation.

CEO of Erdenes Silver Resource LLC T.Munkhbayar “When the deposit was first taken over by the state, it was like a ruin. At present, 80 percent of the plant has been renovated and fully automated by Mongolian engineers within 30 days. Some of the equipment was made by themselves and increased the capacity. We have fulfilled our promise to start full operation on May 1. The first concentrate of the plant has been produced. 

According to the plan, we have a task to pay off pension-backed loan of MNT 1.2 trillion in a period of five years. According to the study, the deposit has reserves of 808.3 tons of silver and 1117.1 tons of gold. It has been determined that these resources can be doubled or tripled by intensifying exploration work. The information will be made public in a timely manner.”

During the visit, the plant staff handed over the first sample of silver concentrate produced by Mongolian engineers based on their own technology to Speaker G.Zandanshatar 

Parliament Speaker Zandanshatar “It took a long time to transfer this deposit under state ownership. After more than a year of on-site operations, it was transferred to state ownership under the public control. The deposit has set the standard for the use of resources with direct benefits to the people. It is of great importance for the livelihood of citizens, the national economy and regional development. 

Currently, about 220 people work at our deposit. It is possible to increase the number of jobs to 350 in the future. Training is being provided to provide jobs for local people.