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Chaarat Gold bolsters management team in Kyrgyrz Republic as Tulkubash progresses

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
picture of gold bars
Tulkubash is in the Kyrgyrz Republic

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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Chaarat Gold Holdings Ltd Timeline

Newswire
July 10 2017

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