The Khakanjinskoye deposit is operated by the Okhotskaya Mining and Geological Company, a subsidiary of Polymetal. The Khakanjinskoye deposit is located in the Okhotsk region of the Khabarovsky Territory 92 kilometers to the northwest of the regional center of Okhotsk. Khakanjinskoye is Russia's third largest silver deposit - in terms of both reserves and production. It is also the 16th largest silver producing deposit in the world, based on figures for 2005. In 2005 deposit's silver production amounted at 2.442 million ounces and 118,200 tonnes of gold. The deposit's ore reserves are estimated at 6.118 million ounces by JORC classification. (CO. PROFILE: The Okhotskaya Mining and Geological Company is conducting a complete geological survey and developing the gold and silver deposit in the Okhotsk Region of the Khabarovsk Territory. Polymetal is Russia's second-largest gold producer. The company has 4 mining and 8 geological exploration subsidiaries located in the Sverdlovsk, Sakhalin, Chita, Irkutsk and Magadan Regions, the Republic of Buryatia and Khabarovsk and Krasnoyarsk regions. Polymetal holds 9 licenses for precious metal deposits and prospecting fields. It is Russia's largest silver producer and the sixth-largest silver producer in the world Polymetal's total precious metal reserves (C1+C2) are 19.700 tonnes of silver and 144 tonnes of gold.)
