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Chaarat Gold reports 'significant increase' to resource and grade at Tulkubash

Dusty Nicol, Chaarat Gold Holdings Ltd's (LON:CGH) technical director and head of exploration, tells Proactive's Andrew Scott  they've significantly increased the resource estimate for their Tulkubash oxide gold deposit in the Kyrgyz Republic.

Chaarat's been carrying out an intensive drill campaign at the project this year, drilling just over 10,500 metres since the end of January.

With the new data in hand, Chaarat now believes there are 1.41mln ounces (oz) of gold there – 46% more than previously thought.

Quick facts: Chaarat Gold Holdings Ltd

Price: 33.7 GBX

AIM:CGH
Market: AIM
Market Cap: £153.59 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...

4 days, 18 hours ago

2 min read