China - Tibet Changdu
Walage Lead Mine
Development Stage
(Converting Exploration License to Mining License)
Status
Site Selection Opinion Letter obtained
Environmental Impact Assessment and Green Mine Construction Plan in progress.
Progress
51 %
owned via equity interest in Xizang Changdu Mining Co., Ltd.
ownership
1.2 Mtpa
mining and processing project
Planned Capacity
Mineral Resources (as of 31 Dec 2025):
43.03 Mt
Tonnage
1.59 Mt @ 3.71 % Pb
Contained Lead
1,937.25 t @ 45.02 g/t Ag
Contained Silver
- Resources
| JORC Mineral Resource Category |
Tonnes (Mt) |
Grade (Pb%) |
Ag (g/t) |
Lead Metal (1,000t) |
Silver Metal (1,000Kg) |
BaSO₄ (%) |
Barium Sulfate (1,000t) |
|---|---|---|---|---|---|---|---|
| Measured | 13.996 | 3.79 | 44.80 | 530.4 | 627.1 | 55.73 | 927.2 |
| Indicated | 18.343 | 3.57 | 43.32 | 655.6 | 794.7 | 56.11 | 644.9 |
| Inferred | 10.688 | 3.82 | 48.22 | 408.5 | 515.4 | 55.04 | 854.2 |
| Totals | 43.027 | 3.71 | 45.02 | 1,594.5 | 1,937.2 | 55.93 | 2,523.4 |
Note:
The Walege Mine Mineral Resource Summary – as at 31 December 2025 Grade Tonnage Reported above a Cut-off Grade of 2.5% Pb