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  • Kazakhstan’s gold reserves rise
18 October, 2019 13:27

Kazakhstan’s gold reserves rise

Kazakh deposits Shokpar and Gagarinskoye contain more than 21 tons of gold and 135 tons of silver, which are on public balance sheets, Ken Tau Samruk national mining company informs.

 Kazakhstan’s gold reserves rise | Strategy2050.kz

Specialists from Shokpar-Gagarinskoye LLP, a 100% subsidiary of Tau-Ken Samruk, have completed the assessment of geological exploration activities in Zhambyl region fields, approving the industrial conditions and estimating the reserves.

The State Commission of Kazakhstan on Mineral Resources approved the Gagarinskoye field’s reserves in C1+ C2 categories to be 2257.4 thousand tons of ore, 10 104.3 kg of gold averaging 4.48 g/t; 84.2 tons of silver averaging 37.31 g/t.

The Shokpar deposit’s reserves approved in C1+C2 categories to be 1554.1 thousand tons of ore, 10 952.9 kg of gold averaging 7.05 g/t; 51.5 tons of silver averaging 33.14 g/t.

The national company Tau Ken Samruk has reported about the successful completion of exploring the Shokpar and Gagarinskoye deposits, and in the process of acquiring a license to conduct mining operations.

The company plans to attract its strategic partners to embark on the next stages.

The Gagarinskoye deposit is located in the Korday district, Zhambyl region, about 200 km west of Almaty and 60 km from the Otar railway station. The distance from the site to the highway Almaty-Bishkek on the surfaced road is 17 km, and on the field road - 8 km. The Shokpar deposit is located within the Korday district, Zhambyl region, 40 km away from Gagarinskoye field. The asphalt road leading to the Almaty-Bishkek highway is 5 km away from the deposit. There is an access to the railway stations Shu and Ota.

Photo credit: inovasisolution.com

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