REAB - Business for sale - Two polymetallic deposits (gold, silver, copper, and cobalt) in Kyrgyzstan (415)

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Two polymetallic deposits (gold, silver, copper, and cobalt) in Kyrgyzstan

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Kyrgyzstan

Mining industry

Two polymetallic deposits (gold, silver, copper, and cobalt) in Kyrgyzstan

Currency:

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Description

Two polymetallic deposits (gold, silver, copper, and cobalt) in Kyrgyzstan, owned by a single owner, are for sale. The assets are being sold as a single lot.

Deposit 1

A valid gold and cobalt mining license is in place. Geological exploration has been completed.
Reserves have been tested and found to be 5,462 tonnes of gold and 1,100 tonnes of cobalt.
The gold grade in the two vein zones at the site is 3.21 g/t and 13 g/t, respectively.
According to laboratory testing, the ores from both vein zones are readily leached (subject to cyanidation). A recovery of over 85% was achieved in laboratory conditions; taking into account cobalt recovery, the overall recovery will be 95-96%.

Deposit 2

A valid mining license is in place. Preliminary exploration work has been completed.
The estimated reserves were assayed by the State Reserves Committee and amount to 2,876.0 kg of gold, 15,641 kg of silver, and 3,580.4 tonnes of copper.
The estimated P1 and P2 category resources of 6,404.8 kg of gold, 9,037.0 kg of silver, and 3,694.2 tonnes of copper were also taken into account.
The average gold grade in the ore is 3.34 g/t.

Detailed information will be provided upon signing of the NDA.