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AIM:CGH

Chaarat Gold Holdings Ltd

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Market:
AIM
Market Cap:
£174.42 m
Price
33.25 GBX
Change
-1.92%
52 weeks high
42.00
52 weeks low
19.18

In brief

Chaarat Gold Holdings Limited is an AIM-quoted gold mining company founded in 2007 with the initial goal of exploring and developing a gold project within the Tien Shan Gold Belt, in the North West of the Kyrgyz Republic.

Chaarat has two high quality development assets in the Kyrgyz Republic, the Tulkubash oxide deposit and the Kyzyltash sulphide deposit.

Tulkubash has shown outstanding resource and grade growth, with declared Resources of 42 million tonnes and a completed Bankable Feasibility Study. It is anticipated to pour first gold in 2021 with a long-run production target of 95k oz per year.

Kyzyltash also shows substantial long-term potential, with a technical review conducted in 2018 confirming the low-cost large resource potential of the project.

Snapshot

  • Plans to act as consolidator of Central Asian gold projects
  • Pushing Tulkubash towards two million ounces
  • Kapan gold mine should deliver 55,000 ounces of production