HAVI GROUP

Mines

Table of Contents

MINING LICENSES AND RESOURCES:

MINE NAME

CERTIFICATE TYPE

ISSUANCE DATE

EXPIRY DATE

PROGRESS%

NEXT STEP

DURATION / YEAR

RESERVE

PROVEN/PROBABLE IN TONS

FALAT-E-IRAN CELESTINE / COPPER

PRODUCTION

05/2024-

05/3034

100%

RUN THE PROCESSING PLANT

0.5-1

1-2

490,000/650,000

53,000/120,000

BADROUD 1to 5

EXPLORATION

  

70%

PRODUCTION CERTIFICATE

1

800,00/1,200,000

BORNA 1&2

ACQUIRING CLEARANCE LICENSE

  

80%

EXPLORATION CERTIFICATE

1.5

100,000/150,000

NUMBER 1. CELESTINE BENEFICIATION PLANT LOCATED IN THE DIAN MINE AREA

Dian crushing benefication plant
Dian crushing benefication plant
Dian infrastructures and utilities
Dian 10-30 mm concentrate production line

PLANT NUMBER ONE IS LOCATED ON DIAN MINE AREA SPECIFICATION AS FOLLOWS:

1. 400 * 400 CM FEEDER
2. 60 * 90 JAW CRUSHER CAPACITY 100 TONS/ HOUR
3. HS120 SECONDARY CRUSHER CAPACITY 40 TONS/HOUR
4.  3 VIBRATING3 STAGES SCREEN OUTPUTS 30-80, 10-30, AND 0 – 10 mm capacity total 60 tons/hour
5. 80 CM WIDTH BELT CONVEYER TOTAL 200 LINEAR METER
6. Washing rotary scrubber capacity 150 tons/hour
7. 2 SCREW ROTARY SAND WASHING CAPACITY 90 TONS PER HOURS

The above crushing BENEFICIATION plant enhances the Celestine grade OVER 90% PURITY and 95% EFFICIENCY

NUMBER 2. CELESTINE ENRICHMENT BENEFICIATION PLANT AT FALAT-E-IRAN MINE AREA

Falat-e-Iran Run of Mine materials
Falat-e-Iran East side extraction
Falat-e-Iran East side extraction and loading

PLANT NUMBER TWO IS LOCATED AT THE FALT-E-IRAN MINE AREA SPECIFICATION AS FOLLOWS:

  1. 400 * 400 CM FEEDER
  2. FEEDER 100 TONS PER HOUR
  3. 40 * 90 JAW CRUSHER CAPACITY 80 TONS/ HOUR
  4. 2 VIBRATING 3 STAGES SCREEN OUTPUTS 30-80, 10-30, AND 0 – 10 MM CAPACITY TOTAL 60 TONS/HOUR
  5. 80 CM WIDTH BELT CONVEYER TOTAL 200 LINEAR METER
  6. WASHING ROTARY SCRUBBER CAPACITY 150 TONS/HOUR
  7. 4 SCREW ROTARY SAND WASHING CAPACITY 90 TONS PER HOURS

GEOGRAPHICAL LOCATION AND ACCESS ROADS TO MINE AREA

FALTA-E-IRAN MINE IS LOCATED 70 KM SOUTHEAST OF SHAHROUDCITY IN SEMNAN PROVINCE WHICH IS SHOWN ON THE MAP

FALAT-E-IRAN MINING AREAS IS 70 KM2 BASED ON COORDINATIONS SHOWN ON THE MAP

GEOLOGICAL SETTING AND MINERALISATION

The FALAT-E-IRAN area is characterized by a coarse-grained clastic marl sequence that includes conglomerate, sandstone, and evaporite sediments, with celestine as the primary host rock. Copper mineralization occurs mainly within the celestine layer, featuring DICOPPER CHLORIDE TRIHYDROXIDE (Cu2OH3Cl), and COPPER CHLORIDE(CuCl) as primary minerals, alongside villamaninite (Cu, Ni, Co, Fe)S2 as a secondary mineral. Secondary copper minerals such as malachite, azurite, and native copper appear in fractures, veins, and on ore surfaces due to the dissolution and redeposition of copper compounds. Copper grades up to 0.5% are found where celestine ore predominates; however, the mineralization shifts to sandstone towards the east. Lateral and vertical variations in celestine and copper content are observed across the region’s 65 km expanse, with intersecting copper-rich veins especially prominent in conglomerate layers in the eastern zone.

GEOLOGICAL SETTING

Geological map 1:120,000 of the exploration area of the FALAT-E-IRAN Mine.
The location of the exploration area on the 1:2,500,000 map.

MINERALIS AND SAMPLES

CELESTINE  MINERALS IN SAMPLES

Celestine in crystalline form

Photos of Celestine in crystalline form from the FALAT-E-IRAN Mine.

celestine mineral crystals

A view of celestine mineral crystals from the Falat-e-Iran Mine.

celestine mineral crystals

A view of celestine mineral crystals from the Falat-e-Iran Mine.

EXPLORATION WORK INCLUDING TRENCHES AND TEST HOLES

EXPLORATION TRENCHES SHOW MINERALISATION AND CELESTINE AND COPPER ORE LAYERS

Exploratory trench

A view of the main trench from exploration site number 1 of the FALAT-E-IRAN mine.

View of the Holes

A view of Holes 1, 2, 3, and 4 in the main and central zone of the FALAT-E-IRAN mining area.

ACCESS ROAD TO THE EXPLORATION TRENCHES AND TEST HOLES

Road grading and related machinery

Komatsu loader 90 and the leveled road for easy access.

Celestine in crystalline form

Photos of Celestine in crystalline form from the FALAT-E-IRAN Mine.

3D MODEL OF MINERALS RESERVE BASED ON THE EXPLORATION TRNCHES AND TEST HOLES

Map of exploratory wells

Map of exploratory Holes in the Celestine and Mes-Koh area.

3D model of the mineralization

3D model of the mineralization zone of the copper and celestine deposit in the FALAT-E-IRAN Mine..

Exploratory trench

A view of the main trench from exploration site number 1 of the FALAT-E-IRAN mine.

TOTAL RESERVE VOLUME OF CELESTINE AND COPPER ORE AND AVERAGE GRADE BASED ON THE EXPLORATION WORK ON LESS THAN 10 KM2 OUT OF 70 KM2 OF THE MINE AREA

CELESTINE ORE MINERALS

  

DENSITY Gr/Cm3

GRADE%

TOTAL TONNAGE OF THE BLOCK

3.5

63

490,000

COPPER ORE MINERALS

  

                DENSITY Gr/Cm3

               Grade%

The total tonnage of the block

3.0

0.45

            53,000

EXPLORATION CERTIFICATES OF bad-roudS REGION MINES

Havi group owned already 6 Celestine area total 250 km2 exploration certificate is advancing exploration activities at a newly identified celestine-rich area, covering many distinct zones with significant potential at all mining areas. Initial efforts included constructing access roads to enable easy movement of equipment and personnel. Geological surveys, remote sensing, and extensive field sampling have already been conducted, confirming that the reserves in this region are promising for further extensive exploration. These initial studies suggest high-grade celestine deposits, prompting the company to scale up its exploration efforts.

The next phase involves drilling test holes and excavating exploration trenches across key zones to assess the thickness, quality, and distribution of the celestine deposits. Additionally, detailed large-scale geological mapping will be carried out to gain a comprehensive understanding of the deposit’s structure. Samples collected from these activities will undergo rigorous chemical analysis to verify purity and suitability for industrial processing. This systematic approach ensures that the company accurately assesses the economic viability of the deposit while adhering to regulatory requirements.

The culmination of these activities will be a detailed final report, compiling all exploration data and analyses. This report will serve as the foundation for obtaining the necessary production certificates, enabling the company to transition from exploration to full-scale mining operations within the next six months. By leveraging state-of-the-art techniques and a structured exploration strategy, the company is poised to unlock the potential of these celestine reserves, contributing significantly to their resource portfolio and market supply.