Western Mining: The holding company won the exploration rights for the Anhui Chatting copper polymetallic mine for 8.609 billion yuan
Western Mining's subsidiary, Tibet Yulong Copper Industry, won the exploration rights for the Anhui Chatting copper polymetallic mine with a bid of 8.609 billion yuan. This exploration right is an important achievement of the geological exploration fund cooperation project in Anhui Province, has potential for deep mineral exploration, and the resource amount reaches the scale of a large copper-gold deposit, which will help the company expand its industrial scale and increase resource reserves
According to the Zhitong Finance APP, Western Mining (601168.SH) announced that its holding subsidiary Tibet Yulong Copper Co., Ltd. ("Yulong Copper") won the exploration mining rights for the Chating copper polymetallic mine in Xuanzhou District, Anhui Province, with a bid of 8.609 billion yuan. The exploration mining rights for the Chating copper polymetallic mine are one of the major exploration achievements of the geological exploration fund cooperation project in Anhui Province, with significant potential for deep exploration and a resource volume reaching the scale of a large copper-gold deposit. Acquiring this resource is beneficial for the company to expand its industrial scale and increase resource reserves
