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Chaarat Gold Holdings Ltd.
Summary
| Project: | Chaarat | |
|---|---|---|
| Deposit: | Tulkubash | |
| Location: | Kyrgyz Republic | |
| Commodities: | Gold | |
| Date: | 2/19/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine Development | |
| Report details: | 19-2-2020: Chaarat Gold Holdings Ltd. announces a Resource Estimation report for its Tulkubash deposit at the Chaarat project. Updated mineral resources and ore reserves. Chaarat (AIM:CGH), the AIM-quoted gold mining Company with an operating mine in Arme | |
| Resources: | (Reserve, P+P): 24.6Mt @ 0.95g/t Au at Tulkubash | |
| CP/QP: | [Resources]: Joe Hirst, Dorian L. (Dusty) Nicol (Internal) | |
| ABSTRACT: | Chaarat (AIM:CGH), the AIM-quoted gold mining Company with an operating mine in Armenia, and assets at various stages of development in the Kyrgyz Republic is pleased to announce an updated Resource and Reserve statement at its Tulkubash gold project in Kyrgyz Republic following the 20,000m drilling programme undertaken in 2019. The objective of the drilling programme was to test targets northeast of the prior Resource boundary, enhance the project economics by adding ore to the previously defined pits, and to increase understanding of prospectivity of the wider licence area. Drilling within the existing Resource footprint demonstrated increased continuity in and between the ore zones and was successful in optimizing pit designs. | |
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