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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: 40.5 GBX

AIM:CGH
Market: AIM
Market Cap: £212.45 m
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Chaarat Gold reports 'steady and stable' production at Kapan mine in Armenia

Chaarat Gold Holdings Ltd's (LON:CCG) Artem Volynets updates Proactive London's Andrew Scott on first quarter production and developments at the company. Production at the Kapan mine in Armenia came in at 12,992 gold equivalent ounces in the first quarter. That marks a 12% improvement...

on 21/5/20

2 min read