Friday, May 10, 2013

Myanmar Sale Letter: A Brief Introduction of Mwetaung Nickel Deposit



Location

Chin State, Tedim Township Lat 23° 25' N, Long 94° 01' E. 



Accessibility

380 Km northwest of Mandalay, connected by all weathered road from Kalemyo. Air service is available to Kalemyo from Yangon as well as from Mandalay. 



Background History

Exploration done by Department of Geological Survey & Mineral Exploration ( DGSE ) in 1964 – 65. 



Geology 

Silicate nickel ores ( garnierite ) were found as weathered product above ultrabasic rocks in many places in the belt of ultrabasic rocks at the eastern edge of the Indo-Burman Ranges. 



Ore Deposit 

Mwetaung nickel deposit is a nickeliferrous laterite ore deposit. It is formed by uneroded remnants of hard, weakly serpentinized peridotite. Chemical analysis of Mwetaung nickel ore is as follows: 

Ni -1.21 % CaO -0.77 % Cu -29.99 ppm
Fe -3.70 % MgO -26.76 % Pb -26.67 ppm
SiO2 -46.42 % Al2O3 -0.16 % Co -150.00 ppm

Ore Reserve 

Six ore bodies were found within (10) Km in Mwetaung area. Among these ore bodies the ore body No (4) and No (6) are the most significant ones. In ore body No (4), probable ore reserves is approximately (30) million tons with average nickel content of 1.19 %, where as in ore body No (6) potential ore reserves is (80) million tons with average nickel content of 1 %. 



Power Supply 

Mwetaung nickel deposit is located about (40) Km from the Kalewa Coal Mine and most of the coal produced could be utilized not only as material for reduction and combustion but also as energy source for nickel smelting. 


Investment Opportunity
This project can be implemented on a joint venture basis with equity participation or production sharing basis. 


Contact Address
No. (3) Mining Enterprise
No. 90, Kanbe Road, Yankin P.O, Yangon
Union of Myanmar.
Fax : +095-1-56224
Telex : 215 11 MCTWOBM

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