Pebble Creek Resources Ltd. ASKOT : HIGH-GRADE DEPOSIT, LOW-COST MINING
Projects
Projects : Askot - Other Economic Factors
About Us
Projects Project Summary
Geography / History
Geology
Resource
Economic Factors
Proposed Program
Discovery
India site in Chinese
High Himalayas as seen from Askot
High Himalayas
as seen from Askot

In addition to points previously reviewed, the following are relevant to future considerations of a mine at Askot:

  • A future mine would be an underground operation, not an open-pit mine. This has two advantages: a tiny footprint in an environmentally sensitive region, and a cost-advantage unavailable in the West owing to India's low-cost labor.
  • The site has abundant water for drilling, processing, camp use and, if needed, hydroelectric plants in the 5 to 20 megawatt range.
  • The area is serviced by the existing electric grid from the plains. Moreover a net 280 MW hydroelectric project is now on line at Dauliganga, a short distance in the mountains beyond Askot. The transmission line to the plains passes within 2 km of the Askot site. A substation serving the project and local community could be put on the line. Uttaranchal has the lowest cost electricity in India.
  • Solid engineering, construction and fabricating skills are available in India and the region, at lower cost than in North America and Europe.
  • There is enough labor in the region.
  • Indian law provides for secure mineral title.
  • Indian law provides for repatriation of profits.
  • Royalties payable to government are high but not unreasonably so.
  • The climate is temperate.
  • The northern boundary of the Mining Lease is a hard surfaced, all-weather road, a National Highway maintained by the BRO (Border Roads Organization). This provides easy communication with the plains areas.
  • The Askot area is free of public unrest and ethnic conflict.
  • Indian copper smelters are within 400 km of the rail head; zinc and lead smelters within 800 km.
  • Deep-water ports on both east and west coasts are within 1,200 km of the rail head.
  • There are smelters and refineries for copper, zinc and lead concentrates in the Persian Gulf, China and other nearby countries. Ocean shipping is inexpensive owing to the volume of two-way traffic and the short distances.
  • India is a large, rich, industrialized country that constitutes a major metals market.
  • (Updated June 17, 2009)



© 2003-7 Pebble Creek Mining Ltd.  |  Disclaimer  |  Site Design by Mountain Interactive Inc