Syrymbet Tin Deposit

Syrymbet is the largest undeveloped tin deposit in Kazakhstan.

Stripping. Top soil removal and stockpiling started.

2014 Modeling & Mineral Resource Estimate — JORC 2012-compliant

Global mineral JORC-compliant resource comprises 123.3 million tonne ore and 492.4 K tonne metal tin at an average grade of 0.40% Sn

Stripping. Top soil removal and stockpiling started.

Exploration and Development Project

Exploration and Development Project is signed until 2030 with right of further extension.

Stripping. Top soil removal and stockpiling started.

Samruk-Kazyna Invest is a new shareholder of JSC Syrymbet

Samruk-Kazyna Invest joined Tin One Mining JSC project in December 2013. The State Assets Managing Holding of the Republic of Kazakhstan owned and operated by the Government of Kazakhstan acquired a 12,61% stake of Tin One Mining JSC.

JSC Tin One Mining  is a mineral exploration and development company focusing on the development of Syrymbet tin deposit, the largest undeveloped tin deposit in Kazakhstan. JSC Tin One Mining signed Syrymbet Exploration and Mining Contract (valid untill Y2028) with the Government of the Republic of Kazakhstan. The project aims at launching the only tin production plant in Central Asia using the most advanced technologies through the best environmental practice. CIS is a net-importer of tin and tin products, which positions JSC Tin One Mining as a perspective leading tin supplier for the region and neighbouring countries. JSC Tin One Mining is co-owned by Lancaster Group.