Type of Minerals
Major Elements: Iron (Fe)
Infrastructure and Description of the Area
The Masalsky deposit is located in Zharkain district of Akmola region, 16 km east of the station Priishimskaya railway branch of Yesil-Arkalyk, in north-western part of Central Kazakhstan, the so-called Yessil (Ishim) Luke, located on the border of Kazakh hills with Turgay lowlands.
Masalsky deposit is confined to Masalsky intrusive masses having a size of 3×3.5 km. As a result of exploration operations conducted in 2008-2012, the ore body is defined in the form of a complex with pinches pole in the central part of the incident to the east-southeast. The ore body to the surface of the basement is in the southern part of the section has a rounded shape, size 1.25h1.0 km; in the northern part, the contour of the body on the surface of the foundation is elongated, elongated in the direction of sublatitudinal shape, size 1.0h0.3km. The isthmus between the southern and northern parts extends in a north-northern-western direction, the dimensions are 0.3 x 0.2 km.
Reserves/Resources and Brief Description of Geology
Masalsky deposit is studied well enough. The reserves of the deposit are estimated as JORC classification and classification of SRC RK. Total operating ore reserves of categories C1 and C2 (registered in the State balance by Minutes № 1327-13-V of SRC RK, dated 09.02.2013) are 729 155 727 tons with an average iron content – 15.82%.
Current Status and Summary of Planned Activities
At present «Masalsky Mining and Processing Plant» LLP is working to attract a strategic investor in the project, to make changes to the project of industrial development of the field, as well as to the terms of the subsoil use contract. In 2018, it is planned to finalize the draft technical assingment for the design and construction of the MMC.
Additional Information and Notes
Project management is carried out by «Masalsky Mining and Processing Plant» Limited Liability Partnership, which 93% of share participation belong to the Joint-stock company «Tau-Ken Samruk» National Mining Company».