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Chaarat Gold CEO looks to a long term stabilisation plan agreed with the govt

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.

Quick facts: Chaarat Gold Holdings Ltd

Price: 35.4 GBX

AIM:CGH
Market: AIM
Market Cap: £165.96 m
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Chaarat Gold strengthens institutional investor base with US$5.8mln raise

Chaarat Gold Holdings Limited’s (LON:CGH) chief executive Artem Volynets caught up with Proactive London's Andrew Scott to discuss this morning's equity raise which was completed at a premium to the current share price. The miner raised US$5.8mln to primarily strengthen its institutional...

on 14/11/19

2 min read