Free Port of Vladivostok

Since March 26, 2021, Territoriya LLC has been resident of FPV (Free Port of Vladivostok) in Pevek urban district, the Chukotka Autonomous Region.

Certificate

Investment project designation:
Pyrkakay stockworks deposit development.

Pyrkakay stockworks are among the largest tin deposits both domestically and internationally. There are four large stockworks (Pervonachalny, Tsentralny, Krutoy and Nagorny) and three smaller ones (Operyayushchy, Vostochny and Yuzhny), located in close proximity to the Pervonachalny stockwork and covered by the pit together with the same, explored within the Pyrkakay ore cluster.

Deposit reserves:

  • 7 thousand tonnes of tin, including 243.4 thousand tonnes of balance reserves;
  • 4 thousand tonnes of tungsten (tungsten trioxide), including 16 thousand tonnes of balance reserves.

The associated valuable components recorded in the State Register of Reserves are silver, gold, zinc and copper (291 tonnes; 11.5 tonnes; 134.6 thousand tonnes; 63 thousand tonnes, respectively). The reserves of associated components were calculated for the deposit based on content in the concentrate obtained during process testing.

 

2021 saw sample taking and engineering studies at the Pyrkakay Stockworks site. There are plans to commence engineering survey and further production design in the deposit from 2022 onward. Construction works will commence in 2025–26. Design capacity is expected to be reached by 2030.