Atlas International Resources

Introduction of Iron Ore Project

Atlas International Resources Group Asset Management Center

2nd Jan 2020

0
Atlas International Resources Introduction

Atlas International Resources

Founded on December 04, 2006, it is a group company engaged in commodity

trading and mining / mine investment. It is the large domestic supplier of non-
ferrous metals and mineral products. We rely on trade and mine development as
our strategy and has continued to develop in specialization, and has formed a
diversified business industry combining trade and industry group.

In Xi'an, Shanghai, Hong Kong, Singapore, Mexico, Spain, Morocco, Poland,

we've set up the Branches or offices.

Our companies:

Shanghai Haiyin Metal Co., Ltd., March 2012; Philip Morris Investment (Shanghai)
Co., Ltd., August 2015; Morocco Atlas Resources Co., Ltd., October 2017;
Shaanxi Atlas International Mine Industry Co., Ltd., September 2018; Atlas Asphalt
Rock Co., Ltd., February 2018.The group's predecessor: Ocean Investment 2003;
Ocean Resources 2006; IBOUKAL International 2011.

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Atlas International Resources Introduction

Business Scope

Non-ferrous metal trade:

 Domestic non-ferrous metal products and raw materials trade Spain

Xi’AN

 International non-ferrous metal products and raw materials trade Mexico Morocco ShangHai
Hong Kong
Mineral Resources Investment & Acquisition
Singapore
 Domestic gold mine

Large-scale iron ore mining and smelting project in Morocco

Large-scale lead-zinc mining exploitation and selection project in Morocco

Morocco zinc oxide smelter

 Atlas Asphalt Project Branches or offices M&A of Mining Project

We have established long-term friendly cooperative relationships with end

customers and major international suppliers and miners worldwide.

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Atlas International Resources Introduction

Main progress in recent

years:
Through years of mining
M&A, now has ranked
the 2nd largest of Morocco
mineral reserves groups. Obtained lead and zinc mine Obtained the asphalt mine lab Set up Ocean Resources
liscence on May 2017 report Morocco on Oct. 2017

Application for iron mine Acquisition the Rich zinc

Atlas Mining Company
exploitation liscence on Oct. oxide cooking plant on April ,
created in September 2018
2017 2017 3
Atlas International Resources Introduction

Atlas Resources, more than 50 global reserves of mineral resources

Assets:：
 Rich zinc oxide factory, the factory covers an area of about 4 hectares, with an annual
output of about 10,000 Metal tons of zinc oxide；
 Asphalt rocks in 2 blocks, with a mineral area of 32 square kilometers, reserves of about 80
Morocco
million tons, and an asphalt content of 25%；
 Lead-zinc mines in 44 blocks, with a mineral area of about 640 square kilometers, a
reserve of 3 million metal tons, and a lead-zinc grade of 6-15%；
 Iron ore in 6 blocks, with a mineral area of approximately 68.8 square kilometers, proven
ore reserves of 439 million tons, and prospective reserves of 1.7 billion tons, the average
grade of Tfe is 35.53%。

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Atlas International Resources Introduction

Atlas Resources, more than 50 global reserves of mineral resources

Advantage
 Lead-zinc ore has high grade, large reserves and sufficient reserve volume；
 The zinc oxide factory has sufficient supplies, the factory has a good geographical location,
complete documents, and no competitors；
 There are large-scale open-pit mines in iron ore, which are convenient for mining and
transportation； Morocco
 Asphalt rock has reached various local quality standards, is of good quality, and is widely
used and stable；
 Lead-zinc, iron ore, and asphalt rock are used in a wide range of downstream applications,
while global mineral supply is limited . High-grade sources of goods are the industry
threshold. The downward demand for trade is stable, and the company has a sound
international commodity trading system and management with the risk control measures. At
present, Shaanxi Zinc Industry has built a production line for the company ’s zinc oxide,
and has reserved capacity. A capacity reservation agreement can be signed.

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Atlas International Resources Introduction

Atlas main team members

 Fan Yujun, Chairman of Atlas Resources Group;；
 Vice Chairman of Shanghai Nonferrous Metals Trade Association；
 More than 10 years of mining and trade experience; Shanghai Haiyin, Hong Kong Shenglong, and Moroccan companies have an
annual trade volume exceeding 2 billion yuan；
 Mineral resources. In 2008, a three-year plan for Shaanxi, a five-year plan for China, and a ten-year global plan were made.
Yunnan, Guangxi, Gansu (gold mines), Guizhou, Sichuan and other places have been visited a total of 100 mining areas. A
total of 60 beneficiations have been carried out in countries such as Colombia, Zambia, Spain, Peru, Morocco, and Mongolia.
Three prospecting teams have lasted more than 10 years, and the total cost spent has been over 100 million yuan.

 Deputy General Manager, Duan Hansen；  Vice President, Wei Qiang；

 Worked at Deutsche Bank headquarters and Bank of China；
 Has rich experience in mining, finance, and trade, and many years
of working and living experience overseas.。
 Previously served as general manager of Wenjing Fund
Management Co., Ltd ；
 More than 10 years of investment and financing and listing operation
experience, mainly engaged in corporate capital operation planning,
corporate The fixed-income investment, fixed-income funds, and PE
funds have cumulatively invested nearly 3 billion yuan.
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 Atlas International Resources Introduction

Atlas main team members

 Chief Engineer, Fu Rui;；

 Professor-level senior geological engineer, national mineral resources inspector；
He has long been engaged in the study of solid mineral geological mineralization law, mineralization
conditions and ore prospecting research, as well as geological exploration and resource evaluation.
Hosted Prospecting work for a number of internal and external mining projects.

 Senior Engineer, Yin Xianglin；

 Marketing Director, Ali KHAWAR；
 Worked in Shougang and Xinxingjihua Group；
 Master of Business Administration, University of Pakistan;；
 Engaged in mining geological technology and management for
 Rich project supply chain operation experience, excellent
many years. He has presided over a number of state-owned
business negotiation ability.
enterprises and mines in technological transformation Project with
rich experience in mine technology management.

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Atlas International Resources Iron Ore Introduction

Iron Ore Introduction

 2013-2015 for Atlas resources of Six mining

rights have carried out general surveys and
detailed surveys. The survey area is about
68.8 square kilometers. Proven iron ore The
amount of resources is 439 million tons. The
source can reach 1.7 billion tons, making it
the largest iron ore mine in Morocco. TFe
average grade 35.53%

 The project commissioned the Northwest

Nonferrous Geological Research Institute for
detailed Surveyed and completed the Meknes,
Morocco IBOUKAL Iron Ore Investigation Report
And in the process of detailed survey Won the
"China Nonferrous Metals Industry Science and
Technology Award" issued by China Nonferrous
Metals Industry Association.
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Atlas International Resources Iron Ore Introduction

Iron Ore Introduction

 The mine is located in the

southeast of the Kingdom of
Morocco. Administrative
divisions of Errachidia in
Meknes Town of Alnif South.

 Atlas Resources in Morocco

May 2011Large iron found in
IBOUKAL in the Meknes area
Mine and carry out mining
exploration and mining rights
铁矿区位 6个区块矿权
acquisition should Large-scale
open-pit iron ore for easy
exploitation and transportation.

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Atlas International Resources Steel park

Steel park：IBOUKAL Iron Ore and Smelting Project

Under the national Belt and

Road policy, and encourage
the investment overseas.
Steel Industry Park: Feasibility Report for the IBOUKAL
Iron Mine in Morocco。 2020 Acceleration Industrial
Development Strategy by
Morocco government.

The ore from our mine with rich reserve

and steady quality , easy exploitation.

The steel market in Morocco is in short supply and the

smelting scale is also very small.

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Atlas International Resources Steel park
The development of the steel industry of Morocco local enterprises is relatively
Moroccan steel market survey backward, and it is difficult to form a scale benefit
Type Steel works Introduction
It mainly produces steel bars and wire rods, accounting for 50% of
 The local refinery in Morocco cannot meet the production Sonasid Morocco's market share. There are two steel mills, one is a rolling mill in
Billet、 Nador, with an annual capacity of 600,000 tons of steel bars and rods,
needs of domestic steel companies. As a result, the domestic Rebar、 and the other is the Jorflasfar steel plant, with an annual capacity of
iron and steel enterprises have a low operating rate, a small manufacturer 800,000 tons of steel billets and an annual capacity of 450,000 tons of
steel bars.
steel output, and a market demand mainly depends on Longometal Afrique It is controlled by Societe Nationale Investissements and has an annual
output of 80,000 tons of steel bars.
imports for satisfaction.
Batifer Pipe annual production capacity of 30,000 tons
 Market price analysis, the price of main steel (rebar) in the Industube Located in Tangier with total sales revenue of approximately 1.097
billion in 2013 USD, driving tube production capacity is 30,000 tons /
Moroccan market Qualified, exceeding RMB 5,000 per ton. year.
Le Profile -
 The consumption of crude steel and finished steel in Morocco Steel pipe
Tube et Profil Mainly produces planed and galvanized steel for round, square and thin
steel pipes.
manufacturer
will increase to 3.05 million tons and 2.75 million tons, Africa's
Fenie Brossette Pipe annual production capacity of 1-2 million tons.
crude steel consumption will conservatively reach 300 million
tons by 2050.
Maroc fer Mainly produces metallurgical products, iron, iron sheet, tube, cold steel,
metal strip, steel tube manufacturing
MaghrebSteel Located in Casablanca, its steelmaking plant has an annual production
capacity of 1 million tons, furnace coil mills have an annual steel sheet
capacity of 1 million tons, and plate mills have an annual steel plate
Steel plate production capacity of 500,000 tons.
producer Etaf Hot-rolled steel, cold-rolled steel, galvanized steel, striped steel, tapered
steel, color-coated steel.
Galvafil The main product is steel wire
Wire producer

Longofer The main products are: commercial steel bars, metal plates, joints, and
others pipes.
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Atlas International Resources Steel park

Steel Park Cooperation types

 The company has reached the intention of strategic
cooperation in mineral resources with the Moroccan
government. The Chinese side obtains resources and the
Moroccan side solves employment, income and industrial
development. Atlas Group has adopted the advantages
of its own iron ore resources, combined with the national
Belt and Road capacity transfer policy and Morocco
investment promotion policy, and has now planned to set
up a 1,500-mu steel industry park project in the iron ore
zone and obtained five-year tax exemption from the
 Powerful enterprises on the steel industry chain are invited to enter the
park. The company issues iron ore resources and park infrastructure
construction, and assists the park-enterprise to complete Morocco's park
entry procedures and preferential policies for park entry. At the same time,
it provides a series of services such as finance, sales and logistics for
enterprises entering the park.。

Moroccan government. 。

 The local steel in Morocco and Africa basically depends

on imports, and the strip is over 5,000 yuan / ton.
Compared with domestic profits, the group company has
many years of international bulk trade base.

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Atlas International Resources Steel park

Steel Industry Park: Feasibility Report for the Al-Bokal Iron Mine in Morocco

Atlas Resources commissioned Xi'an Nonferrous Metallurgical Design and Research Institute to
conduct a feasibility study on the mining, beneficiation and smelting of the IBOUKAL Iron Mine, and
completed the Feasibility Report of the Abecar Iron Mine in Morocco. At the same time, we made a
detailed design and feasibility analysis for the mining, beneficiation and smelting of iron ore, and
made a preliminary investigation and evaluation for our next investment and construction.

一期能 30万吨/年

二期产能 50万吨/年

三期产能 100万吨/年

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Atlas International Resources Steel park

Exploitation solutions
General layout of the mining area

Open pit mining. At present, the eastern

section of No. III ore body is designed as the
first mining point, and it is divided into four
mining sites. The mine adopts open-pit mining;
open-pit mining uses road development,
automobile transportation, down-the-hole
drilling rig perforation, multi-row hole
differential blasting, Electric detonator, plastic
detonating tube initiation, excavator shovel
loading, dump truck transportation, bulldozer
discharging process.

Transporta Garbage
perforation blasting Stripping drain
tion removal

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Atlas International Resources Steel park

Beneficiation scheme

 Yard for Raw ore

 Original silo

 Medium and fine crushing buffer silo

 Screening buffer silos

 Coal yard Selection process

 Powder silo Three sections and one closed circuit： Grinding magnetic separation:

Feeding size: ≤700mm First stage grinding fineness -200 mesh 70%
 Roasting silos Output granularity: 10-15mm Second stage grinding fineness -325 mesh accounts for 90%
Iron fine powder obtained after magnetic separation.
 Concentrate yard Grind Iron powder
Crushing

Dry strong magnetic preselection: magnetic magnetic

separation separation
Strong magnetic pre-selection tailing
for 0-3mm grain ore Roast

Roasting: send ore with a particle size of 0-12mm into a rotary kiln for roasting

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Atlas International Resources Steel park

Smelting plan

Feeding system

Storage tank
and pits

Smelting process
Furnace top
Blower charging equipment

Blast
Furnace/electric Cast iron
cast
Hot blast stove arc furnace machine system
iron

Gravity dust Slag treatment

Bag filter system
collector
Gas
network Crude gas system Humidification Slag cement
ash unloader production line

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Atlas International Resources Steel park

Deep Processing
Based on data provided by World Steel Association:
By 2025, the consumption of 700,000 tons of crude steel and 1 million tons of finished-made steel in Morocco will increase to 3.05 million tons and 2.75 million tons
respectively.
Judging by the regional development process:
The main demand for steel has shifted from Europe and North America at the end of the last century to Asia at the beginning of this century and then to modern Africa. By
2050, Africa ’s crude steel consumption will conservatively reach 300 million tons.

Rebar、Wire rod、Cold and hot rolled

Ordinary steel、plate、Coating and
processing electroplate、Shaped steel、Silicon
steel

Pig iron Seamless pipe、Welded pipe、Tube

Pig iron for
Stainless steel embryo、Steel coil、Profiles、Strip、
product steel
Raw material

Special steel Structural steel、Cold heading steel、

processing Bearing steel

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Atlas International Resources Steel park

Steel Industry Park Outlook

Supply to Moroccan
Export to China
steel smelters
Besides the above two supply
Provide smelting pig iron to local
methods, the rest
smelting enterprises in Morocco to
Production can also be provided to
ensure the production and supply of
Chinese companies
domestic enterprises.

1 2
Export to Africa, Europe,
North America
Relying on Morocco mineral resources to
build a factory, products can be directly
Sell to Africa, Europe, North America, avoid
EUAnd North American anti-dumping duties
on Chinese steel exports,
Transport distance is closer than China.
3 4
Outlook
Atlas Resources will continue to increase geological exploration
work,Relying on the prospective reserves of the mine, actively
cooperate with the Moroccan government To build a steel industry
park led by the Moroccan government Set of construction steel,
special steel, various profiles and steel processing products
Integrate manufacturing, sales and logistics, and strive to build a
steel industrial park Become a first-class in Africa, provide a variety
of high-quality steel for Morocco Iron products contribute to the
“going global” of Chinese steel companies.

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 Atlas International Resources oxide zinc factory

Introduction of Rich TNF factory

 Located in Rich, has a set of rotary kiln
equipment, with annual capacity output of
10368 MMT secondary Zinc oxide

 In 2018, atlas resources acquired the TNF

factory in Morocco’s Rich region through
acquisition. It covers an area of about 39000
square meters,40 kilometers from Errachdia,
330 kilometers from Casablanca and 530
kilometers from Agadir

 In 2018,Atlas resources group commissioned

Xi’an nonferrous metallurgy design and
research institute to design rectification plan
for the factory, and then completed the “zinc
oxide factory reconstruction design scheme”
1 2 3 4 5
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Atlas International Resources oxide zinc factory

Introduction of Rich TNF zinc oxide factory

The first rotary kiln renovation planning

 In 2018,Atlas resources group commissioned Xi’an nonferrous metallurgy design and research institute to design rectification plan for the
factory, and then completed the “zinc oxide factory reconstruction design scheme”
 All 7 pieces of B=1000mm, L=1200mm feeding belt conveyor for Crushing and screening zinc ore, batching and mixing replaced with
domestic B-1000mm,L=1200mm drag-out feeding belt conveyor
 All the 8 original B=500mm and B=650mm belt conveyor’s belt, about 200 meters, replaced by new tape(6 layers), replaced part of top and
bottom rollers and other parts.
 Overhaul bar screen, motor vibration feeder, cylinder mixer, kiln head settling chamber, and repair the lining in settling chamber
 Replace lining of rotary kiln(the inner layer is 114mm clay firebrick, the outer layer is light clay brick,and the inner layer of kiln shell is 20mm
aluminum silicate fireproof fiber felt)
 Repair clean and oil the reducer of rotary kiln transmission, and conduct insulation experiments on motors
 Replace diesel ignition at kiln end
 Overhaul and replace dust collecting equipment, and replaced all the Φ165×3500mm nylon needle felt filter bag

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Atlas International Resources oxide zinc factory

 Purchase low-grade zinc oxide ore zinc grade 15-20%,the price of 15% zinc
ore is RMB 980/MT
 With coal as fuel and reductant, reducting ZnO into metal Zn, in the form of gas
in flue gas, oxidating by O2 into zinc oxide, with the flue gas into recovery
equipment, and then cooling into solid oxide. Collected in setting chamber and
bag dust collector, the powder zinc oxide is the product of this project. 工厂现场

 According to the china national standard, zinc grade is 46%-75%

工厂现场

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Atlas International Resources oxide zinc factory

 With coal as fuel and reductant, reducting ZnO into metal Zn, in the form of gas in flue gas, oxidating by O2 into zinc oxide, with the flue gas
into recovery equipment, and then cooling into solid oxide zinc. Collected in setting chamber and bag dust collector, the powder zinc oxide is
the product of this project. According to the China national standard, zinc grade is 46%-75%

 Expected production: zinc ore processing capacity 5MT/h, 120MT/d, 3600MT/month; annual working time of 300 days , the average grade of
zinc ore is 16%, the recovery rate of Zn is 90%, and the production is 5184MMT per year, two lines total can reach 10368 Metal MT per year.

Water
(Reprocessing
Kiln slag
anthracite Water slag iron selection or
residue washing slag delivery)
system

Rotary kiln
Zinc oxide Ingredients Settling Surface Bag dust Induced
volatilizati chimney
ore warehouse chamber cooler collector draft fan
on

High-pressure air

Zinc oxide
package Zinc oxide
Kiln fan dust

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Atlas International Resources Zinc Oxide plants

Zinc oxide plants introduction

NO Items Content

The plants is located in Rich, with an area of 40000㎡. There is a set of rotary kiln equipment.The annual output is 5184 metal tons of zinc
1 Plants overview
oxide.It be expanded the second production line.Output added 10368 metal tons annual.

It will cost 12.33 million yuan to resume production.Labor cycle: 6 months. Including equipment upgrade 4 million CNY, a director,16
management and 18 employees, 1.47 million cost(245000 for 2months),Annual freight 2,827,600CNY(471300 for 2 months),Annual energy
2 Resumption conditions
consumption of 14.1448 million CNY（2357500 for 2months）Annual procurement of raw materials costs 32,164,100 CNY(5360800 for 2
months), Adding production line costs 8 million.

3 Factory valuation 15 million CNY

4 Production Process Lead and zinc content increased from 15% to 60% by cooking.

5 Product sales Shaanxi Zinc Industry Co., Ltd.,HULUDAO zinc industry co.,ltd, SHANDONG ENERGY GROUP

6 Operational risk Coal price fluctuations,Supply and demand,Policy EIA,Program measures,Low price,Downstream customer,Stable policy

7 Project Benefits Sufficient raw materials,Own mine,laber cost cheap,stable policy,no industry competition,Stable sales,Convenient transportation

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 Atlas International Resources Zinc Oxide plants

Cost Statement
Unit
NO. Items Unit Cost Total cost of the year Remarks
Consumption
1 output 5184MT

15% zinc , 980CNY/MT, 6533.33CNY/Metal ton, 5584.05CNY/Metal tons without Tax,

2 Raw material 1 6,204.50 32164128.00
Recovery rate90%,Unit Cost6204.50CNY/Metal tons

Unit Consumption:450KG/15%zinc = 3000KG, Anthracite including tax price,

anthracite 3 tons 2,400.00 12441600.00 1100CNY/MT（No Tax800CNY/MT）Annual total is 15552MT, Monthly total is
1296MT
3 Fuel power
gas(Air pressure） 1800m³ 113.4 587865.60
water 20 MT 29.55 153187.20
electric power 320 kWh 185.6 962150.40
4 Direct labor cost 145.83 756000.00 18 labor*3500CNY*12Month=756000CNY
Investment amount is 14 million，Residual rate 3%，Equipment investment 10
depreciation 388 2011392.00
millon，real estate Building 4 million CNY
Repair cost 200 1036800.00
labor protection cost 7 21000.00
5 Office cost 5 25920.00
Transportation costs
Oil cost 10 51840.00
other cost 18 93312.00
Manufacturing costs 628 3240264.00
6 Total production cost 9,706.88 50305195.20
Sales, Managerial salary:17 labor*3500CNY*12Month=714000CNY
Cost of management, 208.5 834000.00 sales expense：Annual sales revenue*0.003, about120000
7 period finance cost Financial expenses：Calculated according to the bank loan rate
Arrival freight 545.45 2827636.36
Subtotal 753.95 3661636.36
8 Total cost to the factory 10,460.84 53966831.56

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 Atlas International Resources Zinc Oxide plants

Income Statement
NO. Items Details(CNY) Remark

Producing 5,184 metal tons an annual,10% lost in transportation,Sales volume is 4665.6

1 Incomes 4665.6*15800=7,371,650,000
metal tons；selling price15,800CNY/MT（Tax-free price is 13,620CNY/MT）

2 Raw material costs 32,164,100

3 Power cost 14,144,800

4 Direct labor cost 756,000

5 Manufacturing costs 3,240,300

Sales, management, finance
6 834,000
costs
7 Freight 2,827,600

VAT 2,567,500 Revenue 13% VAT for China

Operating other
308,100 Other taxes=VAT*12%
additional taxes
8 Taxes
Resource tax 0 Revenue 8% Temporary
Transaction tax/income
0 20% of the income, exempt from the first five years
tax
9 16,874,100
Total profit
10 16,874,100/13,499,300
Profit after tax

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Atlas International Resources Introduction of Zinc Oxide Factory

Rich Zinc Oxide Factory

IntroductionFinancial income analysis

Design scale Operating income

Annual production of 10,368 metal tons of (1)Zinc oxide sales price is calculated at $ 2402.70 / T (to the factory
price), no other operating income
zinc oxide in two phases
(2)Annual operating income is $ 24,911,244
(3)Project annual business tax and surcharges are $ 1,784,145

Total cost Calculation of profit and profit distribution

(1)Annual total cost of production (1)Total annual profit is $ 7,017,711。
$132,55,622
(2)Company tax rate is calculated at 30%, annual company tax
(2) Annual operating costs during production is $ 2,105,316
$12,275,074
(3)Annual net profit is $ 4,912,395
(3) Annual total unit cost during production
$13,373,815 (4)Annual undistributed profit is $ 4,912,395
Annual unit operating cost during
production period
$12,428,084

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Atlas International Resources Introduction of lead-zinc ore

Lead-zinc ore

 The lead-zinc mine is located in the lead mine in

the northeast of Errachidia, Atlas Mountains,
with a single area of 4 * 4 = 16 square
kilometers；44 exploration rights have been
obtained and preliminary exploration has been
carried out；
摩洛哥阿特拉斯山脉拉希迪耶东北部铅
初探预测储量巨大
 The type of lead-zinc ore mineralization in this 矿调查区
area is the Mississippi Valley type (MVT). The
MVT deposits are large in scale and distributed
in clusters, which has important economic
significance.。

 Exploration rights have been obtained and

preliminary exploration has been carried out；
Preliminary exploration has shown the deposit of 区位于安蒂阿特拉斯构造带的Pb-Zn-Ba多金
3 million metal tons; 6-15% grade of lead and 属成矿带上，铅锌矿（床）点成群成带北东 区域勘探
向分布。一般规模较大，品位较高。
zinc；

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 Atlas International Resources Introduction of lead-zinc ore

Lead-zinc ore body

 A total of three lead-zinc mineralization zones were found in the survey area, namely Ⅰ-1, Ⅱ-1, and Ⅱ-2

mineralization zones. Ⅰ-1 lead-zinc mineralization zone is about 2.5km in length, ranging from a dozen

meters to hundreds of meters in width. There can be seen two types of steep-lead veined and slowly-

inclined layered lead-zinc ore bodies. The Ⅱ-1 lead-zinc mineralization zone is roughly delineated by

dozens of shallow well observation points on the surface lead-zinc mine, with a length of 2500m and a

width of 58-200m. The Ⅱ-2 lead-zinc mineralization zone is located in the northeast of Dait, heading

northeast, with a length of about 2.05km and a width of about 130m. It is controlled by the fracture

zone.Geotectonic location: located in the middle and east of the Zn–Pb mineralization province of the High

Atlas Mountains, the geotectonic location is the edge of the shallow continental basin on the edge of the

Mesozoic orogenic belt; the lead (zinc) deposits (points) are densely distributed In the High Atlas

metallogenic belt, it is large in scale and high in grade. Large and medium-sized MVT lead-zinc deposits

have been discovered.

 Mining area status: Hundreds of civilian mining shallow wells, distributed in pieces and zones, with large

area, ranging from several meters to tens of meters in depth, mainly mining shallow layered lead-zinc ore

bodies; 1 layered ore body and 3 vein-shaped lead-zinc ore bodies, layered ore body thickness 2m

 Strata in the mining area: The area is mainly a set of carbonate platform facies, and the lithology is mainly

limestone, bio-reef limestone, limestone, dolomite, with a small amount of sandstone, conglomerate Schematic diagram of two occurrences in the survey area
interlayer or lens rock.
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Atlas International Resources Introduction of lead-zinc ore

Lead-zinc ore body Some important MVT lead-zinc deposits in the world
 Many of the large lead-zinc deposits in the construction of
the carbonate rocks in the Mississippi River Basin are
named after them and are the second largest type of lead-
zinc deposits in the world. Among the 58 super-large lead-
zinc deposits counted in the world, its number of deposits
accounts for 24%, and its resources account for about
23% of global lead-zinc resources. It is famous for its large
scale, early discovery and deep research.

 MVT deposits are large in scale and generally distributed

in clusters. The distribution of ore belts ranges from tens
of square kilometers to thousands of square kilometers,
and even tens of thousands of square kilometers, which
has important economic significance.

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 Atlas International Resources Introduction of lead-zinc ore

Introduction of lead-zinc ore:Ideal prediction for a single segment

NO. project content

1 Location Lead mine northeast of Errachidia, Atlas Mountains, 16 square kilometers

The preliminary reserve forecast is 100,000 metal tons, the average grade of zinc sulfide is 6%, the average grade
2 Reserves
of zinc oxide is 14%, and the average grade of lead is 7%.

3 Valuation Valuation of $2,877,491.00

4 Capacity Annual mining ore:300Day*600T=180,000 T；Metal tons9,720 T；Exploitable years:10.3 years

5 Annual revenue 9,720T * $1,959.57=$19,047,020.4

6 Annual mining cost 180,000T * $28.77 = $5,178,600

7 Annual processing cost 180,000T*$28.77=$5,178,600

8 Annual transportation cost 19,440T*$57.55=$1,118,772

9 Other expenses $1,173,196

10 Annual gross profit $6,902,338

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Atlas International Resources Asphaltite

Asphaltite mine introduction

 After the inspection by China Inspection and

Certification Group Shandong (CCIC Qingdao) Co.,
Ltd., the Atlas asphalt rock has reached various local
quality standards and is of good quality. Partial
performance comparison: Atlas asphalt rock has an
asphalt content of about 25%, ash content of about
65%, a penetration of 78, and a softening point of 65,
indicating that the Atlas asphalt rock is modified as
rock asphalt. Sexual agents have superior properties.

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Atlas International Resources Asphaltite

Asphaltite mine introduction

 The asphaltite ore body is located in the CM-T group limestone of the Upper Cretaceous in the southern Safsar-S.Timzourbtn fault zone
(F3).The ore body is layered and spread. An asphaltite ore body is currently found in the mining area.Three levels of upper, middle and lower
and the thickest and the best quality is the middle ore body. The ore body is about 3,000 meters long, 1,500 meters wide and 3--9 meters
thick. The estimated reserves are about 80 million tons.

 It was identified by the Xi'an Mineral Resources Supervision and

Inspection Center of the Ministry of Land and Resources as an
asphaltic dolomitic mudstone with muddy crystal and block
structure.。Mineral composition includes 64% Iron calcite, 15%
dolomite, 21% asphalt+metal mineral and a small amount of
apatite and quartz.

 The quality of ATLAS asphaltite is excellent and better than the

standards of various local which is tested by CICC Qingdao
Shandong. ATLAS asphaltite contents 25% asphalt, 65% ash and
penetration index is 78 with 65 softening Point. According to the
above, Atlas asphalt is superior to Indonesia BRA as an asphalt
modifier.
取得矿权 现场照片 检测报告 品质证书 构
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Atlas International Resources Trade

Introduction to the bulk trade sector

The group entered the Shanghai Nonferrous Metals Trade Association in 2011 and served
as the vice president unit.At the same time, it is also listed as the spot price acquisition unit
of zinc and copper by China Nonferrous Metals Network.Has the right to speak on the
pricing of the national zinc and copper spot trade. Group annual tradeThe amount is up to
more than 20 billion, of which the domestic trade is about 15 billion and the overseas trade
is about
5 billion, Shaanxi Ocean Shipping, Shanghai Haiyin, Hong Kong Shenglong, Hong Kong
Parkway, 嘉能可集团 山东能源

The annual trade volume of Singapore's Meike and Morocco companies exceeded 2 billion
yuan, and the lead and zinc tradeThe amount is ranked in the top three in the country.
Introduction to the bulk trade sector
Trade varieties: lead, zinc, copper, aluminum, ferrum, iron, ore, and lead and zinc are the
main trade.
International procurement: The source of supply is imported procurement, and the main
procurement regions are Morocco, Mexico, South America, and Africa.
Domestic procurement: The sources of supply are port procurement, domestic mineral
托克集团 东陵集团
procurement, and domestic trader procurement.
Sales customers: Shaanxi Nonferrous Group, Henan Yuguang Gold Lead Co., Ltd.,
Hanzhong Zinc Industry Co., Ltd. Shanghai Shangshi International Trade (Group) Co.,
Ltd., Shandong Energy Group Co., Ltd.
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