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GV Gold wins license to develop Ergelyakh block in Yakutia

MOSCOW, Mar 5 (PRIME) -- Russia’s GV Gold has won an auction for geological exploration and development of ore gold on the Ergelyakh block in the republic of Yakutia, the company said in a statement on Tuesday.

Ergelyakh is located 30 kilometers off the Drazhnoye deposit of GV Gold’s Tarynsky ore-enrichment plant.

Ergelyakh’s forecasted ore gold resources stand at 0.12 tonnes under the R1 category, 0.6 tonnes under R2 and 9.3 tonnes under R3.

End

05.03.2019 19:25
 
 
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