We have increased the number of gold deposits!

GLDS
GLDS_blog
Published in
2 min readMar 12, 2020

As we have said, GLDS project is based on an existing business, on the development of gold and placer deposits in the Republic of Kazakhstan. Our company owns deposits in the East Kazakhstan region of the country.

And today we are happy to announce that the project was entered by another company, LLP SGP Group, which owns two fields.

It should be noted that LLP SGP Group has important advantages for the development and expansion of the project: the right of subsoil use under License №59-EL dated April 3, 2019 for exploration of solid minerals on blocks M-43–33-(10D-5V-16,17,18,21,22) M-43–33-(10g-5g-20.25). Located in Aktogay district of Karaganda region.

The estimated reserves of the field in the P2+P3 category will amount to 7–9 tons of gold, including 0.6–0.9 tons of placer gold with an average content of Au-350–550mg / m3.

The company also has a contract for exploration of solid minerals from June 26, 2018 on blocks M-44–94-G-(41,42,43,54,55,56) located in the East Kazakhstan region. Forecast reserves of the P2+P3 category will amount to 6–8 tons of gold, including 0.5–0.8 tons of placer gold with an average content of Au-250–480mg / m3.

Thus, we have a new reliable partner, thanks to which the number of gold deposits has increased. For our investors, this means that the value of the token will be higher, and GLDS digital currency will become an even more profitable investment tool!

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