Xingye Silver & Tin to acquire 85% stake in Yubang Mining

Inner Mongolia Xingye Silver & Tin Mining Co.Asian Metal Copyright .Asian Metal Copyright, Ltd.Asian Metal Copyright The mine also had associated reserves containing 3,110.Asian Metal Copyright plans to acquire a 85% equity interest in Chifeng Yubang Mining Co.Asian Metal Copyright for RMB2.Asian Metal Copyright, Ltd.Asian Metal Copyright Upon completion, Xingye Silver Tin will become the controlling shareholder of Yubang Mining, which owns the mining right of Shuangjianzi silver and lead mine in Bairin Left Banner, Inner Mongolia.Asian Metal Copyright for RMB2.Asian Metal Copyright08t of silver, 461,905t of lead and 388,170t of zinc.Asian Metal Copyright39 billion (USD327 million) using its own capital and self-raised fund.Asian Metal Copyright39 billion USD327 million using its own capital and self-raised fund.Asian Metal Copyright Upon completion, Xingye Silver & Tin will become the controlling shareholder of Yubang Mining, which owns the mining right of Shuangjianzi silver and lead mine in Bairin Left Banner, Inner Mongolia.

As of March 31, 2017, Shuangjianzi silver and lead mine had a total measured, indicated and inferred reserves of 158.98 million tonnes at 138g/t Ag, 1.Asian Metal Copyright The mine also had associated reserves containing 3,110.Asian Metal Copyright03% Pb, and 1.Asian Metal Copyright, Ltd.Asian Metal Copyright46% Zn, containing 15,129.Asian Metal Copyright03% Pb, and 1.Asian Metal Copyright3 tonnes of silver, 389,119t of lead, and 1,500,462t of zinc.Asian Metal Copyright39 billion USD327 million using its own capital and self-raised fund.Asian Metal Copyright The mine also had associated reserves containing 3,110.Asian Metal Copyright plans to acquire a 85% equity interest in Chifeng Yubang Mining Co.Asian Metal Copyright08t of silver, 461,905t of lead and 388,170t of zinc.

.Asian Metal Copyright39 billion USD327 million using its own capital and self-raised fundAsian Metal Copyright