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Chaarat Gold confident its mines will operate for a very long time

Bob Benbow and Dusty Nicol

Chaarat Gold Holdings Limited’s (LON:CGH) management is confident it can more than double the mine life at its project in the Kyrgyz Republic through intensive drilling over the next two years.

It’s one of the most exciting packages I've seen, Dusty Nicol told Proactive and potentially the basis of a whole new mining district.

Talks are underway over finance, while 30,000m of drilling is planned in 2018 and 2019.

'We are very confident' we can add to resources and reserves, Nicol added.

Quick facts: Chaarat Gold Holdings Ltd

Price: 34.4 GBX

AIM:CGH
Market: AIM
Market Cap: £156.78 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...

18 hours, 45 minutes ago

2 min read