Dalabai is a gold prospect 150km north of Almaty, Kazakhstan’s largest city. The 8km² licence contains an area that has been mined via several small open pits with heap leach processing on site. Operations ceased in 2000, primarily due to a low gold price.

Central Asia is directing significant attention to Dalabai as it has the potential to be a low Capex, quick to production and early cashflow opportunity for the Company. In addition to being a previously operating mine the prospect contains areas that have been authorised for immediate mining, functioning infrastructure and is 12kms away from a large town and rail hub.

Detailed design for a 0.5Mtpa Heap Leach operation has begun and the company expects to be in production in 2010.

Gold and Silver mineralisation occurs in secondary quartzites within volcanic formations.

Click to enlarge Dalabai geological map.

Above: Overview of entire prospect area. Scale 1:25000
Below: Enlargement of current drilling area. Scale 1:3125

 

Photos: Dalabai prospect

 

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