CHAARAT Gold Holdings has achieved full local permitting from the Kyrgyz Republic Government for its Tulkubash Heap Leach Project. A licence agreement confirms approval for the plan to take stages one and two of the Chaarat Gold Project, which includes Tulkubash, to production.
Approval followed submission of a Technical Project (TP) report and a positive public hearing. The TP set out the detailed plan for the development of the Tulkubash project and the environmental impact assessment (OVOS). It was submitted to the State Committee of Energy, Industry and Subsoil Use (SCEIS).
The Tulkubash project has been approved for construction while the stage two refractory deposit can be developed when appropriate. However, there will be no need to submit another TP or undertake a public hearings process when seeking permitting for the second stage development.
The approvals also include local environmental impact assessments and mitigation strategies while land allocations for the main operational and infrastructure facilities have been secured.
“We have signed a licence agreement with SCEIS confirming approval to complete the design and construction required to reach production from the stage one Tulkubash project in 2019,” Chaarat stated in an announcement.
“This means that the company can now proceed to detailed design of the mining, processing and infrastructure facilities. The related geotechnical works are almost complete and the selection of the designer for the leach pad is under way.”
Chaarat CEO Robert Benbow said, “Securing approval of the TP is another positive milestone in our path to putting the Tulkubash project into production. Our efforts are now fully directed towards completing the feasibility study and advancing to project construction.”
Chaarat has also received positive results from a drilling program at the Tulkubash Zone. The company is confident that the program, which has been extended, will increase the life of mine of the Tulkubash open pit heap leach project.
Best recent results are 24.5 metres true width from a depth of 82 metres @ 1.35 g/t gold, 11.4 metres from 264.5 metres @ 2.54 g/t, 18.4 metres from 4.5 metres @ 1.49 g/t and 35.2 metres from 68.5 metres @ 1.05 g/t. Mineralisation is open to the northeast with indications of continuity for at least 3km.