New Ore Company LLC, owning 15 licenses for the development of sites in the Far East, intends in 2021 to commission the Petukh ore occurrence in Magadan region, and in 2020 to start developing the Morozkinskoye deposit in the Republic of Sakha (Yakutia).
Petukh reserves are estimated at 52 tons of gold with the possible addition of 12 tons. Expected output is 4 tons of gold per year.
In 2022 the company will start developing the Vilyuskaya field in Sverdlovsk region with the annual output of 2 tons. (Ukrainian metal)
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