Company Overview

Saxony Minerals & Exploration AG – SME AG is a privately owned stock company that obtained the mining rights and permit to extract the mineral resources tungsten, tin, indium, and other metals.



The historic development and exploration from 1957 – 1988 in this area:
Number of drillings (surface): 438
Drillings (km): 113
Cuttings (sqm): 1,916

 

The company intends to focus in the first stage, after finishing the exploratory shaft, on the opening of the tungsten-fluoride deposits in zone 5 and 4.

In connection, the mining and the processing of the tungsten ore and the mining of the tin in zone 3 will follow.

 

Degradable reserves:
Lager 4:

5.959.360 t Wolframore
8.113.600 t Tinore 

Lager 5:

554.400 t Wolframore

Lager 3:

8.113.600 t Tinore

 

Wolframore contains fluorspar;

Tinore contains zinc, copper and indium.

 

There is extensive information as well as a general overview regarding polymetallic deposits available

 

  • Geological level 350 m
  • Final report concerning the evaluation of the drilling data on the surface
  • Final report concerning the evaluation of the drilling data underground
  • Resource estimate in the Pöhla-Globenstein deposit
  • General production plan/mining plan
  • Deposit model of the Pöhla-Globenstein tungsten tin mine
  • Reports concerning the dressing done by the Pyral AG, Freiberg (Germany), cooperation partner

Bibliographic references about the project:

 

  • Die polymetallischen Kalksilikatvorkommen Pöhla-Globenstein (2003) [The polymetallic calc-silicate deposits in Pöhla-Globenstein]
  • Das wirtschaftliche Potenzial von Zinn- und Fluoritvorkommen in Sachsen (P. BOCK 2009) [The economic potential of tin and fluorspar deposits in Saxony]
  • Planung und Entwicklung der Wolfram- und Zinnproduktion im westlichen Erzgebirge (1973 ff.), vertrauliche Zustimmung des Ministerrats der DDR und Wismut Band 1, Band 6 ff, unter besonderer Berücksichtigung von Pöhla-Globenstein [Planning and development of tungsten and tin production in the Western Ore Mountains (1973 ff.), confidential consent of the GDR Council of Ministers and Wismut, volume 1, volume 6 ff., with special attention to Pöhla-Globenstein]
  • BUROVA, T.A . (1978): Mineralogische Besonderheiten des Pöhla-Globenstein Gebietes, SDAG Wismut [Mineralogical specialties of the Pöhla-Globenstein area]
  • BETKEVIC T.V. (1978): Gutachten und Bewertung der geologischen Untersuchungen und eine Berechnung der Reserven der Zinn- und Wolframvorkommen der SDAG Wismut [Assessment and evaluation of the geological examinations and calculation of the tin and tungsten deposit reserves of the SDAG Wismut]
  • HAAKE, R. (1966): Die Mineralien der Kalksilikatvorkommen Pöhla im Erzgebirge [The minerals of the calc-silicate deposit Pöhla in the Ore Mountains]
  • ISAKOV, A.P., KARGATJEV, V.A. (1979): Bericht über die Ereignisse der geologischen Untersuchungen über Wolfram im Pöhla-Globenstein Gebiet mit Berechnung der Reserven vom 01.10.1979 [Report concerning the results of the geological examinations in regard to tungsten in the Pöhla-Globenstein area and calculation of the reserves dated 01/10/1979]. SDAG Wismut, Karl-Marx-Stadt

About SME AG


Saxony Minerals & Exploration AG – SME AG is a stock company that obtained the mining rights and permit to extract the mineral resources tungsten, tin, indium, and other metals.

Address


Saxony Minerals & Exploration AG - SME AG
Schwarze Kiefern 2
09633 Halsbrücke, Germany
Tel.: +49 (0)3731 369 474
Fax: +49 (0)3731 369 472
E-mail: unternehmensanleihe@smeag.de
Copyright © 2019 Saxony Minerals & Exploration AG