GMDC conducts critical geological research at Ambaji Base-Metal Reserve

10 Oct 2022 , 03:32 PM

Gujarat Mineral Development Corporation (GMDC), a prominent mining PSU entity and the country’s largest lignite supplier, has initiated geological research and on-ground design for mineral exploration activities over 1400 Ha area in and around the Ambaji mining lease in North-Eastern Gujarat.

The Ambaji Base-Metal Reserve is vital and strategic in addressing the predicted global copper deficit of up to 5 million tonnes by 2030-35. The Ambaji site is projected to feature a large Polymetallic deposit with trace levels of precious metals, increasing GMDC’s footprint in base metals and demonstrating the company’s commitment to broadening its mineral portfolio.

The reserve will also meet the demand for EV adoption in developing and developed markets, progressively reducing India’s reliance on copper imports.

According to preliminary geological investigations, the Ambaji deposit is intrusive-based massive sulphide type (IHMS). The IHMS deposits are significant sources of base metals such as lead, zinc, and copper, as well as trace quantities of precious metals such as gold and silver.

Within the present drilling study scope, the reported resource at Ambaji is anticipated to be around 6.28 million tonnes with nearly 10% total metal content (Copper, Zinc, and Lead combined).

While the resource model data is being prepared, the type of mineralization suggests that there is a strong likelihood of resource augmentation, which will contribute to “AatmaNirbhar Bharat” with long-term growth.

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