Mogok Mines

Lewis & Co Mining Corporation’s Mogok Mines, located in Myanmar’s renowned Ruby Land region, represent a cornerstone of our gold mining operations. Since its inception, the Mogok Mines have played a pivotal role in our production strategy.

Detailed Overview

Lewis & Co Mining Corporation’s Mogok Mines, located in Myanmar’s renowned Ruby Land region, represent a cornerstone of our gold mining operations. Since its inception, the Mogok Mines have played a pivotal role in our production strategy. The open pit operations began in 1980, leveraging surface-level deposits of gold and other precious minerals. These operations laid the foundation for what would become a significant mining venture, crucial to establishing our company’s presence in the global mining sector. In 1979, anticipating the depletion of surface resources and aiming to access higher-grade deposits, we transitioned to underground mining. This strategic shift enabled us to tap into more valuable reserves located deeper within the earth, ensuring a sustained and enhanced output of gold. Our underground operations have since become the primary focus, contributing significantly to our overall production capabilities. The targeted run-rate for gold production at our Mogok Mines is set at 200,000 ounces annually over the next 20 years. This ambitious target underscores our commitment to maintaining high production levels and meeting the growing demand for gold. As of 2023, our total in-site contained proved reserves of gold, as per CRIRSCO standards, stand at 2.5 million ounces, ensuring a substantial and reliable resource base for future operations. The Mogok Mines not only reflect our historical growth and adaptation strategies but also highlight our dedication to advancing mining technologies and practices. Our ongoing investments and innovations aim to maximize extraction efficiency and ensure the long-term sustainability of our operations.

Mogok Mines Overview

200,000 oz yR

Targeted Run-Rate Production for 20 Years.

2.5M OZ

Total In-Site Contained Proved Reserves of Gold (CRIRSCO 2023).

1980

Start of Open Pit Production Commenced

1979

Start of Underground Production Transitioned

Operation Metrics

Mogok Mines, operated by Lewis & Co Mining Corporation, is a premier mining operation focused on gold and silver extraction. Situated in the renowned Ruby Land of Shan State, Myanmar, the Mogok Mines have evolved into a significant asset for the company, supporting both open-pit and underground mining methodologies.

Projected Capital Expenditures for Underground Operations

Prospect Drilling421
Underground Development19712
Infrastructure1--
Mogok Mine Expansion Program734
Process Plant Incremental Expansion351917
Total Capital Expenditure663234

Mining - Underground

Ore Mined(T)650,000700,000
Gold Grade(g/t)2.102.05
Silver Grade(g/t)2.001.95
Contained Gold(oz)44,00046,000
Contained Silver(oz)42,00043,000

Mining - Processing

Crushing(T)600,000620,000
Milling(T)595,000615,000
Gold Recovery(%)84.0084.50
Silver Recovery(%)74.0074.50
Contained Gold(oz)41,00042,500
Contained Silver(oz)38,00039,000
Gold Poured(oz)34,00035,500
Silver Poured(oz)28,00029,000

Production Metrics

  • Targeted Run-Rate Production for 20 Years:

    With a strategic plan to sustain a targeted run-rate of 200,000 ounces of gold per annum, Mogok Mines is poised to deliver consistent and scalable output.

  • Total In-Situ Contained Proved Reserves of Gold (CRIRSCO 2023):

    Estimated at substantial quantities, these reserves underpin the long-term viability and profitability of the mining operations.

  • Start of Open Pit Production:

    Initiated in the early 1980s, open-pit mining established the foundation for the site’s development, contributing to the initial surge in gold production.

  • Start of Underground Production:

    Following the success of open-pit operations, the transition to higher-grade underground mining commenced, leveraging advanced mining techniques to access deeper ore bodies.

Status

Mogok Mines currently operates at an optimal level of efficiency, focusing on maximizing gold recovery rates and maintaining sustainable environmental practices. The mine is equipped with state-of-the-art processing plants, which are continually upgraded to enhance productivity and minimize operational costs. With a commitment to safety and environmental stewardship, Mogok Mines adheres to the highest industry standards.