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Chaarat Gold Holdings Ltd.
Summary
| Project: | Chaarat | |
|---|---|---|
| Deposit: | Tulkubash Zone | |
| Location: | Kyrgyz Republic | |
| Commodities: | Gold | |
| Date: | 10/15/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 15-10-2019: Chaarat Gold Holdings Ltd. announces an Exploration/Drilling Update report for its Tulkubash Zone deposit at the Chaarat project. Drilling results incl. 7.5m @ 3.56g/t Au from 166.0m. Chaarat Gold Holdings Ltd (AIM: CGH), the AIM-quoted gold m | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dorian L. Nicol (Internal) | |
| ABSTRACT: | Chaarat Gold Holdings Ltd (AIM: CGH), the AIM-quoted gold mining company operating the Kapan mine in Armenia and developing the Tulkubash Project in the Kyrgyz Republic, is pleased to provide further drilling results from its ongoing 2019 exploration and drilling programme at Tulkubash (the "Tulkubash Project"). The Tulkubash Project will become the Company's second operating gold mine, scheduled to commence production in 2021. The following table summarizes significant drill results obtained since the 28 August update. Significant intercepts are defined as greater than 10m in width above a 0.25 g/t cut-off or greater than 3m in width at a 0.25 g/t cut-off assaying greater than 1.0 g/t Au. All results are from diamond core holes. The sample intervals are constrained by geology and range from a minimum of 0.4 metres to a maximum of 1.5 metres, generally averaging 1.5 metres in length. Mean grades are calculated at the stated cut-off with no upper cap applied. The maximum length of internal waste in any interval is 3.0 metres. Approximate true width is estimated from cross sectional interpretations. | |
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