http://www.proactiveinvestors.co.uk Proactiveinvestors RSS feed en Tue, 23 Jan 2018 10:14:13 +0000 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[RNS press release - EXERCISE OF OPTIONS AND ISSUE OF EQUITY ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171227174104_13478157/ Wed, 27 Dec 2017 17:41:04 +0000 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171227174104_13478157/ <![CDATA[RNS press release - Issue of Equity ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171221162531_13474957/ Thu, 21 Dec 2017 16:25:31 +0000 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171221162531_13474957/ <![CDATA[News - Chaarat Gold raising US$20mln for Tulkubash, with US$15mln already committed ]]> http://www.proactiveinvestors.co.uk/companies/news/188936/chaarat-gold-raising-us20mln-for-tulkubash-with-us15mln-already-committed-188936.html Chaarat Gold Holdings Ltd (LON:CGH) is undertaking a US$20mln fundraising to allow it to progress with plans to develop a heap leach gold mining operation at Tulkubash in Kyrgyzstan.

The money will be raised through a mixture of equity and short term senior secured convertible loan notes.

READ: Chaarat on track for completed feasibility study by end of first quarter 2018

It will also allow for the continued exploration of the oxide deposit during 2018.

The equity portion will be priced at 25p per share, while the notes will convert at 33p.

So far there have been US$15mln of commitments received, including participation from management and directors of the company.

The proceeds will position the company to deliver full construction financing in Q2 2018 and deliver effective execution of mine construction while continuously driving shareholder value through oxide resource expansion.

"Following the success of our exploration programme throughout 2017, securing the funding to commit to a similar programme in 2018 will allow Chaarat to deliver on its goal of developing the Tulkubash heap leach project at a significant scale,” said Chaarat chief executive Robert Benbow.

READ: Chaarat Gold sees 3km of mineralisation at Tulkubash

”I look forward to announcing the updated resource in January 2018 and the results of the Tulkubash definitive feasibility study in Q1 2018."

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Mon, 18 Dec 2017 08:27:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/188936/chaarat-gold-raising-us20mln-for-tulkubash-with-us15mln-already-committed-188936.html
<![CDATA[RNS press release - Funds raised to advance the Tulkubash HL Project ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171218070004_13468364/ Mon, 18 Dec 2017 07:00:04 +0000 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171218070004_13468364/ <![CDATA[RNS press release - EXERCISE OF WARRANTS AND ISSUE OF EQUITY ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171205070006_13453663/ Tue, 05 Dec 2017 07:00:06 +0000 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171205070006_13453663/ <![CDATA[News - Chaarat on track for completed feasibility study by end of first quarter 2018 ]]> http://www.proactiveinvestors.co.uk/companies/news/188165/chaarat-on-track-for-completed-feasibility-study-by-end-of-first-quarter-2018-188165.html Chaarat Gold Holdings Limited (LON:CGH) remains on track to release a resource update for the Tulkubash heap leach project in the Kyrgyz Republic in January 2018.

That should presage a feasibility study, due some time in the first quarter of next year, and which is already substantially complete.

READ: Chaarat Gold sees 3km of mineralisation at Tulkubash

The company has now completed the assays from its 2017 drill campaign, and these show further attractive mineralisation at the property.

Among the best previously unreported drill results were 94.6 metres at 1.34 grams per tonne gold true width from a depth of 1.5 metres, and 31.2 metres at 0.88 grams true width from a depth of 40.5 metres with additional multiple intercepts down the hole.

Meanwhile, infrastructure work continues. The access road is nearing completion, the infrastructure for mobile communications is complete, and a new bridge has been built.

WATCH: Chaarat Gold CEO Bob Benbow keen to get construction going at Tulkubash

"The development activities initiated and advanced this year will give us an advantage when we start construction,” said chief executive Robert Benbow.

“Improving access to site and communications will assist our team in delivering the project.We look forward to announcing an upgraded resource for the Tulkubash oxide zone in January 2018 incorporating the positive results obtained in the 2017 drilling programme.” 

 

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Mon, 04 Dec 2017 07:40:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/188165/chaarat-on-track-for-completed-feasibility-study-by-end-of-first-quarter-2018-188165.html
<![CDATA[RNS press release - TULKUBASH PROJECT UPDATE ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171204070003_13452059/ Mon, 04 Dec 2017 07:00:03 +0000 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171204070003_13452059/ <![CDATA[News - Charaat Gold encouraged by Kyrgryz Republic ]]> http://www.proactiveinvestors.co.uk/companies/news/187814/charaat-gold-encouraged-by-kyrgryz-republic-187814.html Chaarat Gold Holdings Ltd has had (LON:CGH) backing for its gold project in the Kyrgyz Republic reaffirmed by the leader of the largest party in the country’s parliament.

Martin Andersson, Charaat’s chairman and who has just visited Kyrgyzstan, added that legislation had recently been enacted to enable companies to sign a stabilisation agreement with the government.

READ: Chaarat Gold sees 3km of mineralisation at Tulkubash

“This means tax rates will be stabilised for the life of a project. Tax rates may be reduced once a stabilisation agreement is in place, but companies will be protected from any increase in rates.” 

Chaarat has begun to work on concluding a stabilisation agreement in conjunction with an investment agreement that will enshrine the right to seek international arbitration in case of any future dispute with the Government.

 “We are one of the leading members of the International Business Council ("IBC") which represents companies who together contribute in excess of 55% to the state budget. 

WATCH: Chaarat Gold CEO Bob Benbow keen to get construction going at Tulkubash

A study of the mining sector has been commissioned by the IBC to provide input to the continuing consultation between the private sector and government on how to balance the interests of industry and country for the benefit of all stakeholders, Andersson added.

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Mon, 27 Nov 2017 08:03:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/187814/charaat-gold-encouraged-by-kyrgryz-republic-187814.html
<![CDATA[RNS press release - SUPPORT FOR CHAARAT PROJECT IN COUNTRY RE-AFFIRMED ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171127070003_13443959/ Mon, 27 Nov 2017 07:00:03 +0000 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171127070003_13443959/ <![CDATA[News - Chaarat Gold sees 3km of mineralisation at Tulkubash ]]> http://www.proactiveinvestors.co.uk/companies/news/187478/chaarat-gold-sees-3km-of-mineralisation-at-tulkubash-187478.html Chaarat Gold Holdings Limited (LON:CGH)  has completed its 2017 exploration programme at Tulkubash with 60% more metres drilled than originally expected.

As a result, the indicative length of the proposed open pit has doubled to 2,200 metres as the current Tulkubash pit now connects with other previously drilled satellite pits.

WATCH: Chaarat Gold CEO Bob Benbow keen to get construction going at Tulkubash

The oxide mineralisation is open to the northeast with potential continuity for at least three kilometres, Chaarat added. There is also further potential along strike.

A resource update is underway and will form the basis of the reserves estimate in the feasibility study due for completion in the first quarter of next year.

Robert Benbow, chief executive, said: “We are increasingly confident that the mineralisation extends for at least three kilometres. Mineralisation has been extended to the south, new hanging wall lodes in the main pit area have been developed and the gold-bearing lodes in the satellite pit area have been expanded.

“Based on these results, the anticipated increase in the reserve base (and hence the life of mine) as well as a reduction in pre-stripping are expected to impact positively on the economics of the Tulkubash Project. “

READ: Chaarat Gold sees better environment for miners in Kyrgyzstan

Work has now started on the design of the heap leach pad, Benbow added.

Currently, the Chaarat project boasts a gold resource of over 7 mln ounces of which Tulkubash accounts for just over 800,000oz.

The 2017 programme amounted to 17,420 metres drilled in 2017 season against a planned 11,000m, or 30% of the total drilling area in the Tulkubash Zone.

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Mon, 20 Nov 2017 07:35:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/187478/chaarat-gold-sees-3km-of-mineralisation-at-tulkubash-187478.html
<![CDATA[RNS press release - COMPLETION OF 2017 DRILLING PROGRAM ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171120070004_13436526/ Mon, 20 Nov 2017 07:00:04 +0000 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171120070004_13436526/ <![CDATA[Media files - Chaarat Gold CEO Bob Benbow keen to get construction going at Tulkubash ]]> http://www.proactiveinvestors.co.uk/companies/stocktube/8367/chaarat-gold-ceo-bob-benbow-keen-to-get-construction-going-at-tulkubash-8367.html Tue, 14 Nov 2017 15:40:00 +0000 http://www.proactiveinvestors.co.uk/companies/stocktube/8367/chaarat-gold-ceo-bob-benbow-keen-to-get-construction-going-at-tulkubash-8367.html <![CDATA[RNS press release - Appointments to the Board ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171113070005_13428565/ Mon, 13 Nov 2017 07:00:05 +0000 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171113070005_13428565/ <![CDATA[News - Chaarat Gold appoints ex-Amara FD to finance role ]]> http://www.proactiveinvestors.co.uk/companies/news/187063/chaarat-gold-appoints-ex-amara-fd-to-finance-role-187063.html Chaarat Gold Holdings Limited (LON:CGH) has appointed Amara Mining PLC’s ex-finance director as chief financial officer designate.

Pete Gardner headed Amara’s finance team from 2009 to 2016 until its sale to Perseus Mining.   

READ: Chaarat Gold sees better environment for miners in Kyrgyzstan

At Chaarat, Gardner will lead the finance process for the construction of the Tulkubash heap leach project in Kyrgyzstan alongside chairman Martin Andersson and Endeavour Financial.  

He will also be working with Linda Naylor, the finance director, and the finance team on upgrading financial reporting systems. 

READ: Chaarat Gold lands full local permit for Tulkubash project

After 1 July 2018, he will be appointed CFO while Linda Naylor will continue as Company Secretary.

Martin Andersson, Chaarat’s chairman said: "Pete will take our finance function to the next level by bringing experience, enthusiasm and a fresh perspective. “

 

 

 

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Fri, 10 Nov 2017 07:19:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/187063/chaarat-gold-appoints-ex-amara-fd-to-finance-role-187063.html
<![CDATA[RNS press release - Appointment of CFO designate ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171110070003_13426986/ Fri, 10 Nov 2017 07:00:03 +0000 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171110070003_13426986/ <![CDATA[RNS press release - Holding(s) in Company ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171031091711_13414494/ Tue, 31 Oct 2017 09:17:11 +0000 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171031091711_13414494/ <![CDATA[RNS press release - Director shareholdings ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171027181419_13412263/ Fri, 27 Oct 2017 18:14:19 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171027181419_13412263/ <![CDATA[RNS press release - Board Changes ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171027141645_13411970/ Fri, 27 Oct 2017 14:16:45 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171027141645_13411970/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171019100313_13402280/ Thu, 19 Oct 2017 10:03:13 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20171019100313_13402280/ <![CDATA[News - Chaarat Gold sees better environment for miners in Kyrgyzstan ]]> http://www.proactiveinvestors.co.uk/companies/news/184659/chaarat-gold-sees-better-environment-for-miners-in-kyrgyzstan-184659.html Chaarat Gold Holdings Ltd (LON:CGH) wants to speed up the timeline at its Tulkubash mine in the Kyrgyz Republic following an improvement in the backdrop for miners in the country.

“The improving climate in the country for mining companies has been demonstrated not only by the recent licence agreement signed by the Kyrgyz Government and Chaarat, confirming approval for the plan to take stages one and two of the Chaarat Project to production, but also the successful conclusion of the long running dispute between the Kyrgyz government and Centerra in relation to the Kumtor mine,” said Martin Andersson, chairman.

READ: Chaarat Gold lands full local permit for Tulkubash project

Andersson added he was delighted with progress over the past months, which has seen good drilling results and all local permitting secured.

“The management team are now working on budgets, plans and timelines to accelerate construction ahead of securing the full construction financing.”

The gold junior recently raised US$15mln from a convertible loan issue to fund completion of a bankable feasibility study at the project. An intensive drilling programme and construction of access road is already underway.

READ: Chaarat shuffles boardroom deck

Losses in the half year to June were US$3mln (US$1.95mln) as activity at the site stepped up. Cash at the half year end was US$13.7mln.

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Wed, 27 Sep 2017 08:27:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/184659/chaarat-gold-sees-better-environment-for-miners-in-kyrgyzstan-184659.html
<![CDATA[RNS press release - Interim statement for six months ended 30 Jun 2017 ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170927070003_13376397/ Wed, 27 Sep 2017 07:00:03 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170927070003_13376397/ <![CDATA[News - Chaarat Gold lands full local permit for Tulkubash project ]]> http://www.proactiveinvestors.co.uk/companies/news/184365/chaarat-gold-lands-full-local-permit-for-tulkubash-project-184365.html Chaarat Gold Holdings Ltd (LON:CGH) told investors it has secured full local permit in the Kyrgyz Republic for the Tulkubash project.

The company said in a statement that the licence agreement has been signed by the government, confirming approval for the plan to take stage one and two of the Chaarat project into production.

READ: Chaarat puts new incentives in place for achievement of Tulkubash milestones

Specifically, the Tulkubash heap leach project has been approved for construction, and the stage two refractory deposit can be developed when appropriate.

Local environmental impact assessments and mitigation strategies have been approved, and the land allocations for the main operational and infrastructure facilities have been secured.

"Securing the approval of the Technical Project is another positive milestone in our path to putting the Tulkubash heap leach project into production,” said chief executive Robert Benbow.

“Our efforts are now fully directed towards completing the feasibility study and advancing to project construction. 

READ: Chaarat shuffles boardroom deck

“Our local team has worked hard to gain approval ahead of the Presidential elections in October.”

He, meanwhile, added: “We are also pleased to note the positive outcome to the long running dispute between the Kyrgyz government and Centerra relating to the Kumtor mine. 

“This is an encouraging sign for all mining companies operating in the Kyrgyz Republic and their stakeholders.”

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Thu, 21 Sep 2017 08:52:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/184365/chaarat-gold-lands-full-local-permit-for-tulkubash-project-184365.html
<![CDATA[RNS press release - LOCAL PERMITTING ACHIEVED FOR TULKUBASH PROJECT ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170921070003_13370139/ Thu, 21 Sep 2017 07:00:03 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170921070003_13370139/ <![CDATA[RNS press release - Positive drilling results at Chaarat Gold Project ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170907070005_13354444/ Thu, 07 Sep 2017 07:00:05 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170907070005_13354444/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170727070015_13308981/ Thu, 27 Jul 2017 07:00:15 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170727070015_13308981/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170726070006_13307438/ Wed, 26 Jul 2017 07:00:06 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170726070006_13307438/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170720095827_13301817/ Thu, 20 Jul 2017 09:58:27 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170720095827_13301817/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170717070501_13296594/ Mon, 17 Jul 2017 07:05:01 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170717070501_13296594/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170717070005_13296548/ Mon, 17 Jul 2017 07:00:05 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170717070005_13296548/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170714091458_13295412/ Fri, 14 Jul 2017 09:14:58 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170714091458_13295412/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170714091241_13295411/ Fri, 14 Jul 2017 09:12:41 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170714091241_13295411/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170713091220_13293863/ Thu, 13 Jul 2017 09:12:20 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170713091220_13293863/ <![CDATA[News - Chaarat puts new incentives in place for achievement of Tulkubash milestones ]]> http://www.proactiveinvestors.co.uk/companies/news/180669/chaarat-puts-new-incentives-in-place-for-achievement-of-tulkubash-milestones-180669.html The Board of Chaarat Gold Holdings Limited has approved the grant of 3.5 million options to three members of the team at an exercise price of 16.328p, representing the average of the Chaarat share price for the last five trading days. 

Half a million options were granted to new chief executive Robert Benbow. Half of the awarded options will vest over three years with the remainder vesting on the achievement of milestones including the completion of the feasibility study for the Tulkubash heap leach project, completion of financing for the poject and the first gold pour.

Robert Benbow now holds 4 million options which represent 1.14% of the company's current issued share capital.

Simultaneously, Chaarat also announced an extension of the waiver to a concert party that allows it to acquire shares without triggering a takeover bid. One member of the concert party has dropped out, but following a failed transaction, 783,622 shares remain available for purchase by the concert party.

 

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Tue, 11 Jul 2017 08:12:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/180669/chaarat-puts-new-incentives-in-place-for-achievement-of-tulkubash-milestones-180669.html
<![CDATA[RNS press release - Grant of options and Extension of waiver ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170711070004_13290261/ Tue, 11 Jul 2017 07:00:04 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170711070004_13290261/ <![CDATA[News - Chaarat shuffles boardroom deck ]]> http://www.proactiveinvestors.co.uk/companies/news/180584/chaarat-shuffles-boardroom-deck-180584.html Chaarat Gold Holdings Limited (LON:CGH) has promoted Robert Benbow from chief operating officer to chief executive officer, as founder Dekel Golan moves to become Deputy Chairman of the board.

In addition, Alexander Novak is retiring as a director.

Benbow will be key to the move from development to production at the company’s Tulkubash heap leach gold project in Kyrgyzstan, but will not be joining the Chaarat board.

Golan, meanwhile, will focus on business development and play a central role in the company’s new Business Development Committee.

Another new appointee is Davron Vakhabov, who becomes General Director of the local subsidiary and who assumes day to day responsibility for in country matters both in Bishkek and at site.

Davron has over 10 years' senior managerial experience of gold mine projects including Lydian International's Amulsar Gold Project in Armenia and the Çöpler Mine.

"I am greatly looking forward to working with Dekel, Bob, Alex and Davron in their new roles,” said chairman Martin Andersson. 

“Dekel and Alex founded Chaarat and have devoted the last 15 years to developing the company. They have worked with me in recent months to identify their succession at this appropriate time. I am pleased that they will continue to provide the Board, and the newly constituted management team, with the benefit of their advice, contacts and experience."

 

 

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Mon, 10 Jul 2017 07:58:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/180584/chaarat-shuffles-boardroom-deck-180584.html
<![CDATA[RNS press release - Board and senior management changes ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170710070011_13288695/ Mon, 10 Jul 2017 07:00:11 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170710070011_13288695/ <![CDATA[RNS press release - Result of AGM ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170707070004_13287134/ Fri, 07 Jul 2017 07:00:04 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170707070004_13287134/ <![CDATA[News - Chaarat Gold bolsters management team in Kyrgyrz Republic as Tulkubash progresses ]]> http://www.proactiveinvestors.co.uk/companies/news/180437/chaarat-gold-bolsters-management-team-in-kyrgyrz-republic-as-tulkubash-progresses-180437.html Chaarat Gold Holdings Ltd (LON:CGH) has strengthened its management team at its Tulkubash gold project in the Kyrgyrz Republic, which remains on schedule.

Frank Fenne, a mining veteran with over thirty years experience in global projects including major mine builds in  Nevada and Australia has been recruited as head of geology, while Davron Vakhabov, a heap leach pad specialist, joins from Lydian, the developer of the Amulsar project in Armenia.

At Tulkubash itself, 2,000m out of a planned 11,000m has been drilled so far this season, while 60% of the land required for the mine and its infrastructure has been leased until 2032.

Tulkubash requires the submission of a Technical Project document by 31 December 2018, which will contain a detailed plan for development of the deposit and will be submitted with the environmental impact assessment (OVOS).

Chaarat said it had received a positive expert evaluation on its OVOS.

Martin Andersson, chairman, said: “Whilst I do not wish to underestimate the challenges of meeting our ambitious timeline to production, I am encouraged that the project is progressing on schedule and the management team has been further strengthened."

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Thu, 06 Jul 2017 07:52:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/180437/chaarat-gold-bolsters-management-team-in-kyrgyrz-republic-as-tulkubash-progresses-180437.html
<![CDATA[RNS press release - Update on Tulkubash Heap Leach Project ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170706070004_13285521/ Thu, 06 Jul 2017 07:00:04 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170706070004_13285521/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170626154919_13273463/ Mon, 26 Jun 2017 15:49:19 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170626154919_13273463/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170623091734_13271163/ Fri, 23 Jun 2017 09:17:34 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170623091734_13271163/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170621122629_13268460/ Wed, 21 Jun 2017 12:26:29 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170621122629_13268460/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170616070003_13262643/ Fri, 16 Jun 2017 07:00:03 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170616070003_13262643/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170615165738_13262345/ Thu, 15 Jun 2017 16:57:38 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170615165738_13262345/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170614070005_13259508/ Wed, 14 Jun 2017 07:00:05 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170614070005_13259508/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170613070006_13257939/ Tue, 13 Jun 2017 07:00:06 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170613070006_13257939/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170606112848_13250823/ Tue, 06 Jun 2017 11:28:48 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170606112848_13250823/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170605070004_13248593/ Mon, 05 Jun 2017 07:00:04 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170605070004_13248593/ <![CDATA[News - Chaarat Gold says feasibility study for Tulkubash gold project in Kyrgyz Republic will be ready in early 2018 ]]> http://www.proactiveinvestors.co.uk/companies/news/178639/chaarat-gold-says-feasibility-study-for-tulkubash-gold-project-in-kyrgyz-republic-will-be-ready-in-early-2018-178639.html Chaarat Gold Holdings Ltd (LON:CGH) is confident of first production from its gold mine in the Kygyrz Republic in the first half of 2019.

Dekel Golan, chief executive, said that the Bankable Feasibility Study for the first stage Tulkubash open pit and heap leach is substantially complete subject to the results of this summer's drilling while the local permitting process was also well advanced with most documents submitted.

The full study, including the newly added resource from this summer's drilling campaign, is expected to be available in the first quarter of 2018. This will include an updated resource and reserve to extend the life of the mine.

READ: Chaarat Gold has strategic importance of gold deposit confirmed at forum

“We expect to be able to deliver on our promise to be in production during the first half of 2019 and we will continue to update you as we make progress.

"The board remains convinced that the decision to proceed to production from the Chaarat Project by means of the stage one Tulkubash Heap Leach Project is the best way to unlock the value of the Chaarat deposit.”

Chaarat is still in the development stage and losses for the 2016 year were US$4.45mln (US$4.6mln).

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Thu, 01 Jun 2017 08:56:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/178639/chaarat-gold-says-feasibility-study-for-tulkubash-gold-project-in-kyrgyz-republic-will-be-ready-in-early-2018-178639.html
<![CDATA[RNS press release - Preliminary Results ]]> http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170601070003_13244885/ Thu, 01 Jun 2017 07:00:03 +0100 http://www.proactiveinvestors.co.uk/companies/rns/194/LSE20170601070003_13244885/