Earth-moving equipment has already been on-site preparing pit protection drainage ditches, tailings storage ponds and stockpile areas.
Accommodation, maintenance and fuel storage facilities have been installed and tree felling is taking place at the moment, after which soil removal will begin.
All of this work is being carried out by Russian firm SK Region-Story (SKRS), which will cover all capital and operating costs.
“We are very impressed with the speed at which SKRS have been able to mobilise men and equipment,” said managing director Christian Schaffalitzky.
“Key Eurasia management staff and mining engineers are also in the camp at the site to direct the initial mining project.”
As a result of SKRS taking on the bulk of the work and footing all of the costs, revenue generated from the sale of gold and platinum concentrates will be split 70:30 in favour of the Russian firm.
Processing is expected to start at all five gravel ore blocks by late October or early November.
The West Kytlim project is estimated to have a minimum mine life of 10 years.
Shares were down 0.04p, or 7%, to 0.51p.