Acquired in 2008, Dalabai has been the Company’s focus for the past two years as an easy target to develop heap leach operation. Dalabai has potential to provide early cashflow to fund further exploration and development.
Mining commenced at Dalabai in September 2011 and processing commenced in February, 2012, with first gold (181 ounces) recovered from resin in April. Central Asia completed its first sale of gold in May 2012, selling approximately 200 ounces. Mining operations and processing are now on hold and expected to recommence after the northern hemisphere winter.
Dalabai is conveniently located 2.5 hours’ drive from Almaty, Kazakhstan’s largest city, with a major highway to the deposit. Rail facilities are within 20 mins, and Taldykorgan, a small city with hospitals, universities and services is within an hours' drive.
The current Resource at Dalabai is primarily from three out of eight identified ore zones. The north-east part of the licence area was acquired in 2010 and a regional exploration program in this area to identify potential mineralisation is planned for 2012.