Spectral Capital Corporation has engaged UK Based global consultancy Wardell-Armstrong to evaluate 703 square kilometer gold mining project in the Bayankol River region of Kazakhstan, The Vancouver Sun reported.
"Wardell-Armstrong has more than 350 professionals on staff and offices throughout the UK and in Almaty, Kazakhstan. With their 150 plus year history and track-record of excellence in the mineral extraction industry, Wardell-Armstrong is well positioned to assist Spectral in the evaluation, verification, re-defining and developing our enormous Kazakh gold mine property", said CEO Jenifer Osterwalder.
Spectral acquired a 65% interest in the 703 Square Kilometer gold mining property in the Bayankol River region of Kazakhstan in January. This region is home to significant current gold production and Spectral anticipates some limited production on the property to begin in 2011.
Spectral, US based publicly trading company, is focused on the acquisition of a significant portfolio of properties for mining activities.
In January 2011, Spectral acquired a 65% interest in a gold mine in Kazakhstan, in one of the region's most promising areas for gold extraction. Spectral continues to develop a diversified portfolio of mineral assets in some of the world's most productive mining regions.