On November 3, drilling was successfully commenced at ZK0302 borehole at Dikulushi Silver & Copper Mine in DRC, JCHX’s first overseas resources project. The successful drilling marks the beginning of drilling and prospecting of resources exploration project at Dikulushi Mine of Everbright Mining SARL, subsidiary of JCHX.
Based on JCHX development strategy, in order to expand its business and expedite overseas development, JCHX acquired the mining rights and related assets and equipment of Dikulushi Mine with self-owned funds. In line with the long term development plan, the investment enables JCHX to enhance resources exploitation, and promote a sustainable, stable and sound development.
Since Dikulushi Project is JCHX’s first overseas resources project, it owns JCHX’s first exploration team. ZK0302, as the first borehole, was independently designed, positioned, and drilled by JCHX. The successful drilling indicates that JCHX has made solid progress in independent exploration.
Currently, Dikulushi Project is progressing steadily according to timeline. After successful drilling of first borehole, subsequent boreholes are being laid in an orderly manner.
