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Resource Estimation and QA/QC

400 Mt Iron Ore Resource Estimation and QA/QC

In 2013, SRK was retained by Hengshi Mining Ltd to conduct an exploratory QA/QC and resource estimation for its four iron ore deposits in Hebei and Liaoning Provinces, China. Over 400 million tonnes of iron ore resources were estimated in the four deposits. The projects were successfully listed on the Hong Kong Stock Exchange in 2013.