Central Asia Resources Limited (ASX: CVR) is focused on exploration, development and production of gold in Kazakhstan.
The Company has four prospects in Kazakhstan: Dalabai, Altyntas, Kepken and Kengir, with a total Resource of 1.28M ounces of gold.
Central Asia uses a method called Heap Leach. Click here to Understand Heap Leach
Kazakhstan, in the north of central Asia, is bordered by Uzbekistan, the Kyrgyz Republic, China, Russia, Turkmenistan and the Caspian Sea. It is about the same size as Western Australia, covering an area of 2.7 million square kilometres, with a population of about 16 million people.
The country has a Standard and Poor’s Credit Rating of ‘BBB’ or ‘investment grade’. Kazakhstan is resource rich, a top 10 producer of chrome, copper, gold, iron, lead, silver, uranium, zinc, and a significant oil producer. It has a well established mining industry and a stable regulatory environment.