As we have already said, the fields owned by our company are located in the East Kazakhstan region of the country. The results of the exploration work proved the economic feasibility of the project.
Proven reserves of placer gold alone in the valleys and terraces of the deposits are about 1000 kg. Gold reserves in the sulfide-quartz-stranded formation are estimated at 5–6 tons.
The medium-term production plan is calculated until 2023, and the entire volume of gold extracted from the fields, according to current legislation, is subject to mandatory redemption by the National Bank of Kazakhstan.
NURSULTAN GOLD LLP is also in the process of obtaining licenses and a project for exploration of solid minerals. It is planned for February-March 2020. Forecast reserves of the P2+P3 category are 5–7 tons of gold, including 0.5–0.7 tons of placer gold with an average content of Au-350–780mg / m3.
Design works and exploration of solid minerals were carried out. Evaluation of known, as well as identification of blind veins and formations of rare metal pegmatites at depth, and their prospects based on the study of the spatial position, size, and material composition of productive zones. At the same time, it was envisaged to refine maps of the scale 1:10,000 and 1:2000, to assess the known pegmatite veins from the surface and to the depth of the category C2 and forecast resources P1, to draw up economic considerations on the feasibility of setting these manifestations on the state balance.
Forecast reserves of the P2+P3 category are 3–5 tons of gold, including 0.5–0.8 tons of placer gold with an average content of Au-250–500mg / m3, tin is required for exploration and after that it will be possible to determine the prospects. For rare metal elements of the order of 2 tons.
