Korea Molybdenum

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Korea Molybdenum

February 14, 2024 Chungju Daehwa Mine – Project Progress Update

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댓글 0건 조회 25회 작성일 25-10-27 18:05

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Winter weather conditions, including heavy snowfall and freezing temperatures, have led to operational delays on site.

To secure long-term production capacity, the Company has initiated surveying activities for the Main Adit in addition to the development of the South Adit in Mining Lot Mokgye No. 126. Although the access route to the Main Adit had previously been partially constructed, the entrance width remains insufficient for large drilling and excavation equipment.

Additional development works will therefore be required, subject to permit approval by the Chungju National Forest Management Office. Surveying has been completed, and the Company plans to obtain the necessary approvals and commence development activities within the year.