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Chaarat Gold is an exploration and development company operating in the Kyrgyz Republic. Situated in the highly prospective Tien Shan gold belt the Company's principal strategy is the development of the Chaarat Gold Project which has A JORC compliant mineral resource of 5.76Moz at a grade of 4.03g/t gold with first gold production...
Chaarat Gold is an exploration and development company operating in the Kyrgyz Republic. Situated in the highly prospective Tien Shan gold belt the Company's principal strategy is the development of the Chaarat Gold Project which has A JORC compliant mineral resource of 5.76Moz at a grade of 4.03g/t gold with first gold production targeted during 2013. Chaarat's key objective is to become a low cost gold producer targeting annual production of 200,000 ounces. In addition to the Chaarat Gold Project, the Company has several other promising prospects also located within the Kyrgyz Republic. An exploration programme is underway at both the Company's Chontash project, located in the Akshirak range of mountains, as well as at the Mironovskoye asset
Chaarat Gold CEO looks to a long term stabilisation plan agreed with the govt
May 21 2012, 9:56am
Dekel Golan, CEO at Chaarat Gold (LON:CGH), talks to Proactiveinvestors about the negotiations that the company is having with the Kyrgyz Republic. Chaarat Gold holds several licenses for exploration and development in the Kyrgyz Republic, the principal asset being the Chaarat Gold Project. This license area hosts a mineralised system almost 40 km long which continues at depth. The limited work already completed by the Company has already delineated over 5 Million ounces of gold. It is widely believed that this is the tip of the iceberg and that Chaarat hosts a much larger resource.
Chaarat's objective is to become a low cost, large scale gold producer. This project is well underway; fully funded for the first gold pour due in 2013.
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