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Dalabai gold mine limited restart project, Kazakhstan

4th October 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Dalabai gold mine limited restart project, Kazakhstan.

Client
Central Asia Resources.

Project Description
The limited restart project involves the leaching of all material on Leach Pad 1 and 2, crushing and stacking onto Pad 2 and the leaching of an estimated 36 500 t of other material currently stockpiled at surface.

This is expected to produce between 1 000 oz and 1 100 oz of gold and is planned to be a precursor to a full mining restart.

Value
Not stated.

Duration
The limited restart of operations is expected to take four months.

Latest Developments
The recommissioning of the heap-leach operations at the Dalabai gold mine has started.

The completion of the limited restart is conditional upon completing the $1.5-million gold loan and securing access to a third-party desorbtion circuit.

The first phase of fund-raising has progressed, with a $1.5-million unsecured gold loan in the final stages of negotiation.

Third-party desorbtion negotiations are advanced with negotiations involving three parties still to be completed.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Central Asia Resources, tel +61 8 6489 0600 or fax +61 8 9388 3701.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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