The Ukrainian Metal

Russia: Krasnoye gold deposits up

Kopy Goldfields (Sweden) has published an adjusted estimate of the JORC mineral resources of the Krasnoye deposits.

The licensed territory in the Irkutsk region contains two sites – Krasniy and Vostochniy.

The evaluation was carried out by Micon International Co Limited on the basis of prospecting works in February.

The deposit resources have increased by 32%, to 1.832 million ounces of gold (56.9 thousand kg).

The mineral resources are not ore.

According to Vysochaishiy, a participant in the project, designing of a mining and processing works at the deposits will start this year. (Ukrainian metal)

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