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Chaarat Gold Holdings Ltd.
Summary
| Project: | Chaarat | |
|---|---|---|
| Deposit: | Tulkubash Zone | |
| Location: | Kyrgyz Republic | |
| Commodities: | Gold | |
| Date: | 8/28/2019 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 28-8-2019: Chaarat Gold Holdings Ltd. announces an Exploration/Drilling Update report for its Tulkubash Zone deposit at the Chaarat project. Drilling results incl. 10.5m @ 2.99g/t Au from 0m. Chaarat Gold Holdings Ltd (AIM: CGH), the AIM-quoted gold minin | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dorian Nicol (Internal) | |
| ABSTRACT: | Chaarat Gold Holdings Ltd (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 provide further drilling results from its ongoing 2019 exploration and drilling programme at its Tulkubash oxide gold development project in the Kyrgyz Republic (the "Tulkubash Project"), which will become the Company's second operating gold mine, scheduled to commence production in 2021. To date, 77 holes have been completed totalling 12,078 metres of the 2019 planned 20,000 metre drill programme. Drilling this year has been focused on adding Measured and Indicated Resources, with potential for conversion into reserves as part of a year-end Resource and Reserve Update. Additionally, the Company has begun drilling on an approximately 3,000 metre programme in the Karator and Ishakuldy areas respectively 1.5 kilometres and 5 kilometres northeast of the current resource limits. This programme is designed to test drill targets identified along strike and to validate the district-scale potential of Tulkubash. | |
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