The Far Eastern department of Russia’s Federal Mineral Resources Agency plans to hold an auction for a 25-year license for the Bakhtarnaksky gold deposit, located in the Zabaikalsky region, with a starting bid of 48.4 million rubles, on October 21.
Bids are collected until September 21.
The deposit’s resources are estimated at 10 tons of lode gold under the P1 category, 14 tons under the P2 category and 50 tons under the P3 category. (Prime/Ukrainian metal)