LOCATION

Kuluncak Ore is located in south eastern of Turkey in Kuluncak town, which resides between Malatya and Sivas. Kuluncak is in close proximity to Hasancelebi/Hekimhan town where major iron ore reserves of Turkey are located. (View Larger Map)

TRANSPORTATION

The mine has an easy access to railway. This enables Maxore to transport iron ore to ports and to major manufacturers conveniently.

(Maxore) Turkey Steel Map (Türkiye Çelik Haritası)

KULUNCAK IRON ORE

Some Photos of Kuluncak Iron Ore.

Maxore Mining - Maksor Madencilik Operations from Kuluncak Maxore Mining - Maksor Madencilik Operations from Kuluncak Maxore Mining - Maksor Madencilik Operations from Kuluncak Maxore Mining - Maksor Madencilik Operations from Kuluncak Maxore Mining - Maksor Madencilik Operations from Kuluncak Maxore Mining - Maksor Madencilik Operations from Kuluncak Maxore Mining - Maksor Madencilik Operations from Kuluncak Maxore Mining - Maksor Madencilik Operations from Kuluncak Maxore Mining - Maksor Madencilik Operations from Kuluncak Maxore Mining - Maksor Madencilik Operations from Kuluncak Maxore Mining - Maksor Madencilik Operations from Kuluncak Maxore Mining - Maksor Madencilik Operations from Kuluncak

KULUNCAK IRON ORE - RESERVES

(Maxore Mining - Maksor Madencilik) Iron Ore

The iron ore can be described as vein type deposit which is primarily controlled by regional thrust faulting. The mine is an open pit mine which can be operated from April-May to November. Mining licenses cover 44 square km area. Resource estimation is above 20 million tones as per the JORC code.

(Maxore Mining - Maksor Madencilik) Iron Ore Study

KULUNCAK IRON ORE - PROJECT BACKGROUND

Exploration studies started in 2008. Upon completion of Phase I and Phase II studies per the JORC Code, logistics and operational benchmarks were achieved and small scale mining process had started. Feasibility studies and small scale mining operation were conducted by Exxaro Base Metals, one of the leading mining companies of South Africa.

DRY BENEFICIATION PLANT

The first beneficiation plant is a mobile dry beneficiation plant with a capacity of 48,000 - 60,000 tons per month. The plant is operational as of September 2011. The second phase of the dry beneficiation plant was completed in 2012, including magnetic seperator, pre screener, jaw crusher and impact crusher. Wet beneficiation plant will be installed as early as 2016.

(Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations (Maxore Mining - Maksor Madencilik) Dry beneficiation operations

PRODUCT SPECIFICATIONS

After beneficiation process, Fe grade will be 60-62%.

(Maxore Mining - Maksor Madencilik) Iron Ores

KULUNCAK LEAD ORE

Maxore has a mining license for lead. Soil sampling studies are completed. Drilling studies will commence in 2013.

(Maxore Mining - Maksor Madencilik) Lead Ores