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Company is a subsurface user in the field of precious metals on the territory of the Republic of Kazakhstan in the East Kazakhstan region. Currently, the Company is engaged in the exploration and production of precious metals of Gold and Silver within the Boko-Vasilyevsky ore field.
The Company owns the subsoil use rights:
▪ Exploration Contract. The area of the geological allotment is 14, 2 km2
▪ Production Contract. In addition, Supplement No. 2 for production (Zhalpak-Tobe Deposits).
▪ Exploration license. The area of the geological allotment is 4.5 km2.
▪ Production license. Company conducts geological exploration and industrial production within its own Contract territory.
Currently, the Company is conducting geological exploration for the evaluation and delineation of oxidized gold-bearing ores.
The Boko-Vasilyevsky ore field is located in the Akzhal-Boko ore district, it has been known since ancient times, geological surveys cover the period from 1911 to the present. During this period, geological survey, search and evaluation and exploration works were carried out, the results of which are presented in numerous reports.
The development of placers of logs and small valleys has been carried out since pre-revolutionary times. In the 1960s, the work on the development of placers was carried out by the Boko mine of the “Altaizoloto” Trust.
Based on the results of previous geological exploration of the Koktas-Chushanai site, it can be considered in the future as an almost average deposit with complex ores (copper, gold, rare metals), and the content of minerals makes it suitable for open mining.
Keypoints
The right of subsurface use at the Boko field:
Gold resources – 1 369 kg (GKZ);
The average gold content in the ore is 1.46 g/t.;
The term of the production contract is 2024.
The mining license is valid for 2023.
The term of the exploration contract is 2024.(pre-emptive right of prolongation);
The processing method is heap leaching.
Contract for the geological study of subsurface resources
Geological exploration works are being carried out on the Site
Current status of the project
Project Development Plans
The Company is engaged in the exploration and production of gold-bearing ore.
Company is a subsurface user in the field of precious metals on the territory of the Republic of Kazakhstan in the East Kazakhstan region. Currently, the Company is engaged in the exploration and production of precious metals of Gold and Silver within the Boko-Vasilyevsky ore field.
The Company owns the subsoil use rights:
▪ Exploration Contract. The area of the geological allotment is 14, 2 km2
▪ Production Contract. In addition, Supplement No. 2 for production (Zhalpak-Tobe Deposits).
▪ Exploration license. The area of the geological allotment is 4.5 km2.
▪ Production license. Company conducts geological exploration and industrial production within its own Contract territory.
Currently, the Company is conducting geological exploration for the evaluation and delineation of oxidized gold-bearing ores.
The Boko-Vasilyevsky ore field is located in the Akzhal-Boko ore district, it has been known since ancient times, geological surveys cover the period from 1911 to the present. During this period, geological survey, search and evaluation and exploration works were carried out, the results of which are presented in numerous reports.
The development of placers of logs and small valleys has been carried out since pre-revolutionary times. In the 1960s, the work on the development of placers was carried out by the Boko mine of the “Altaizoloto” Trust.
Based on the results of previous geological exploration of the Koktas-Chushanai site, it can be considered in the future as an almost average deposit with complex ores (copper, gold, rare metals), and the content of minerals makes it suitable for open mining.
Keypoints
The right of subsurface use at the Boko field:
Gold resources – 1 369 kg (GKZ);
The average gold content in the ore is 1.46 g/t.;
The term of the production contract is 2024.
The mining license is valid for 2023.
The term of the exploration contract is 2024.(pre-emptive right of prolongation);
The processing method is heap leaching.
Contract for the geological study of subsurface resources
Geological exploration works are being carried out on the Site
Current status of the project
Project Development Plans
The Company is engaged in the exploration and production of gold-bearing ore.
Description
Company is a subsurface user in the field of precious metals on the territory of the Republic of Kazakhstan in the East Kazakhstan region. Currently, the Company is engaged in the exploration and production of precious metals of Gold and Silver within the Boko-Vasilyevsky ore field.
The Company owns the subsoil use rights:
▪ Exploration Contract. The area of the geological allotment is 14, 2 km2
▪ Production Contract. In addition, Supplement No. 2 for production (Zhalpak-Tobe Deposits).
▪ Exploration license. The area of the geological allotment is 4.5 km2.
▪ Production license. Company conducts geological exploration and industrial production within its own Contract territory.
Currently, the Company is conducting geological exploration for the evaluation and delineation of oxidized gold-bearing ores.
The Boko-Vasilyevsky ore field is located in the Akzhal-Boko ore district, it has been known since ancient times, geological surveys cover the period from 1911 to the present. During this period, geological survey, search and evaluation and exploration works were carried out, the results of which are presented in numerous reports.
The development of placers of logs and small valleys has been carried out since pre-revolutionary times. In the 1960s, the work on the development of placers was carried out by the Boko mine of the “Altaizoloto” Trust.
Based on the results of previous geological exploration of the Koktas-Chushanai site, it can be considered in the future as an almost average deposit with complex ores (copper, gold, rare metals), and the content of minerals makes it suitable for open mining.
Keypoints
Basic Details
Target Price:
TBA
Gross Revenue
TBA
EBITDA
TBA
Business ID:
L#20220387
Country
Kazakhstan
Detail
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Published on November 29, 2022 at 12:39 pm. Updated on November 29, 2022 at 12:50 pm
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