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Since 2019, SRK China has been commissioned by Pizu Group Holdings Limited (Pizu Group), a listed company on the Hong Kong Stock Exchange (HKEx), to prepare an annual update of a Competent Persons Report (CPR) for the Huangtun polymetallic project in Lujiang County, Anhui Province, China. Consequently, between 2019 and 2023, SRK supported the Pizu Group with annual CPR updates, as well as disclosure obligations for HKEx reporting.
The Huangtun project is divided into two underground parts: the East Zone, characterized by high sulfide and iron mineralisation with lower gold and copper content; and the West Zone, enriched in gold and copper with lower sulfide and iron levels.
Development and mine construction have reached six levels, providing access to ore bodies in both zones and connecting them through extended infrastructure. Mining activities are currently underway in the West Zone, targeting gold and copper recovery.
Investigate the subjective nature of valuing mineral assets, especially in exploration and learn about SRK's Mining Valuation Data Platform (MVDP) by Mat Davies, which aims to improve accuracy and reduce errors in the valuation process, despite some unavoidable subjectivity.
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