NMC Resource Corporation (NRC:CA)

NMC Resource Corporation is a TSX Venture Exchange listed public company currently operating a producing molybdenum mine. The mine is in South Korea, a country with stable developed economy that has excellent infrastructure. The largest shareholder of the company, Dong Won Resource Group, has been in production of coal, gold, titanium, oil and gas in South Korea, Argentina and Bolivia since 1962.

NMC Moland Property

The NMC Moland Molybdenum Property is located 170km east southeast of Seoul, South Korea.



Molybdenum mineralization has been known to exist on the property since 1966, and the first two adits were driven in 1973. Production from these two adits occurred in 1973 and 1988 and amounted to 1688 tonnes of MoS2.



The property covers 822 hectares and is held as 3 mining licenses with each lease or claim being 274 hectares. In addition, 6.2 hectares of land were purchased to act as a buffer between the property and surrounding agricultural land.
Project Highlights

• Commenced commercial production in April 2010
  Milling average of 800-1,000 tonnes per day
• The only molybdenum mine in South Korea and Japan
  Every year, approximately 20% of world moly output is consumed between Korea and Japan
• Easy access to markets in China and Japan
• High-grade molybdenum deposit
  MoS2 mill head grade of 0.30%
• Close proximity of ore body to the surface
• Great resource expansion potential in and around current mining area
• Extremely low capital expenditure which guarantees short investment return
  NMC's capital expenditure on the Mine: $20 million as of the end of 2009
  Same size mine setup in British Columbia: $60 million to $100 million
• Modern and efficient mine structure which guarantees low operating costs
  No need for tailings dam: Saving significant expenditure
  Tailings from NMC mine are sent to nearby cement makers
  eliminating the need of tailings dam
  eliminating the environmental liability
  Mining labour cost in South Korea is less than half of what it cost in North America

Streaming Video: Inside the Mine


Streaming Video: Inside the Mill
Click here for more information on the Moland Property

Growth Strategy