1. Geological exploration:
During 2013−2024, the Bolshezadoysky area underwent prospecting and evaluation, including 2,744 linear meters of trenching and 10,628 linear meters of core drilling, along with metallurgical testing; within an area of approximately 1.0 km2, ore pyroxenite deposits with commercial reserves were evaluated at depths of 0−350 m (Zhidoy deposit).
As a result of geological exploration, it has been established that the apatite-perovskite-titanomagnetite mineralization associated with the pyroxenites of the Zhidoy alkaline-ultramafic pluton is of commercial interest. Three ore bodies of pyroxenite with commercial mineralization have been outlined and evaluated at the deposit, with a strike length of 680−1,270 m, horizontal thickness ranging from 25 to 370 m, and traced to a depth of 230 to 340 m; the primary valuable components are TiO2, Fetotal, and P2O5.
The ore bodies have been explored on a 200−400 m * 150−75 m grid to a depth of 200−300 m from the surface, providing the drill hole density required to estimate Category C2 reserves for Group 2 deposits (moderately complex geological structures), to which the Zhidoy deposit is assigned.
Metallurgical testing has evaluated the material composition and processing properties of the apatite-perovskite-titanomagnetite ores and proved the feasibility of their beneficiation using a combined flowsheet—incorporating magnetic separation followed by apatite and perovskite flotation—to produce titanomagnetite, titanium, and apatite concentrates.
Preliminary exploration parameters for open-pit mining were developed and submitted for review. In accordance with these parameters, ore and mineral component reserves within the pyroxenites of the Bolshezadoysky area were calculated; Category C2 balance reserves amounted to: Ore: 218.9 million tons, TiO2: 17,305 thousand tons, Fetotal: 28,774 thousand tons, P2O5: 6,279 thousand tons.
Category P1 inferred resources within the license area down to the -250 m horizon were estimated across two calculation blocks and amount to 91,205.8 thousand tons of ore, 7,209.0 thousand tons of titanium dioxide, 12,744.2 thousand tons of iron, and 2,642.4 thousand tons of phosphorus pentoxide. Technical and economic assessments have demonstrated that, given current mining and processing costs alongside prevailing market prices for the recoverable minerals, open-pit mining of the deposit’s reserves is economically viable.
The balance reserves of perovskite and apatite ores, calculated within the boundaries of an economically viable open pit, will support a processing plant with a capacity of 5,000 thousand tons per year for 39 years. Furthermore, the potential to expand the mineral resource base of the future mining enterprise is not yet exhausted.
Reserve growth is possible by bringing into operation sections of the ore bodies that extend beyond the boundaries of license IRK 2 912 TR, where Category P1 inferred resources of pyroxenites are estimated at: Ore: 63,042.0 thousand tons, Titanium dioxide (TiO2): 5,367.8 thousand tons, Iron (Fe): 8,579.4 thousand tons, Phosphorus pentoxide (P2O5): 1,779.0 thousand tons.