Agency to hold auction for Bakhtarnaksky gold deposit on Oct 21

CHITA, Aug 26 (PRIME) -- The Far Eastern department of Russia’s Federal Mineral Resources Agency plans to hold an auction for a 25-year license for the Bakhtarnaksky gold deposit, located in the Zabaikalsky Region, with a starting bid of 48.4 million rubles, on October 21, as seen by PRIME in materials to the auction on Thursday.

Bids are collected until September 21.

The deposits resources are estimated at 10 tonnes of lode gold under the P1 category, 14 tonnes under the P2 category, and 50 tonnes under the P3 category.

(73.7428 – U.S. $1)

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