Resources and Modeling
Kapitanka Project
Resources
In 2019, Mine Extraction LLC conducted a preliminary geological and economic assessment of the Kapitanka chrome project. As a result, reserves of categories C1 and C2 were approved in the State Commission of Ukraine on Mineral Resources. The technical and economic report indicates the economic efficiency of developing reserves.
| Category [Site] | Tonnage, th. tons | Grade Cr2O3, % | Cr2O3, th. tons |
| С1 [Central] | 384.0 | 31.4 | 120.7 |
| С1 [South] | 2582.1 | 12.87 | 332.2 |
| Total: С1 | 2966.1 | 15.95 | 452.9 |
| С2 [South] | 521.4 | 22.36 | 116.6 |
| Total: С1+С2 | 3487.5 | 16.85 | 569.5 |
Wire frame model
Based on geological and analytical information, a preliminary Wireframe 3D model was created in Micromine Software – Cr2O3 by cut-off 4%.
