Asaplus Resources Ltd (Asaplus), holds an 80% interest in the Beikeng Iron Mine, which is situated approximately 20km from the town/city of Datian, within Fujian Province in the Peoples Republic of China.
This Report is an Independent Geological Report and Resource Report of the Beikeng Iron Mine.
Datian County is the main mineral producing county of Fujian province. Mineral resources within Datian County are relatively rich, with abundant coal, iron ore and smaller copper, lead, zinc and manganese deposits as well as kaolin. By Australian standards, the size of the iron ore deposits are small and usually of a lower grade, but generally the ore is easily able to be beneficiated to an acceptable grade and the infrastructure is already established (population centres, roads, power, rail etc) with many steel mills and pig iron facilities being close by. There is a major steel mill in Sanming which is approximately 100 km by road from the project. This mill produces approximately 5.5 million tonnes of steel per year and is seeking additional suitable mill feed for it’s operations. Scattered around the project area are several much smaller “pig iron” facilities, which again are seeking suitable feed for their operations.