Exploration work on gold underway in Kazakhstan

Business Materials 16 August 2019 10:44 (UTC +04:00)

Baku, Azerbaijan, August 16

By Nargiz Sadikhova - Trend:

Major Kazakh company Kazgeology is performing exploration works to identify commercial deposits of gold-polymetallic ore formation, Trend reports with reference to the company.

The large-scale exploration is underway in Zyryanovsk ore region at Revnushenskaya site. Exploration is carried out based on the contract between KazGeology JSC and RSE MD Vostkaznedra. The site is located in Altai and Katon-Karagai regions of East Kazakhstan region.

“A large scope of exploration works is planned here, including geological routes, mapping of element concentration fields with the geochemical sampling using Ionex technology, drilling, mining, geophysical, testing, laboratory and office works,” the report said.

The potential prospects of Revnushenskaya site will be determined and estimated resources of gold and polymetals will be estimated using multi-model forecasting technology.

“Exploration works are accompanied by geological mapping, schematic geological maps and plans for prospective sites testing,” the statement said.

“Detailed mapping of element concentration fields over a network of 250-250 meters on an area of 1,000 kilometers has been already completed, first drilling wells with a depth of 300 meters in Narym revier valley have been drilled, 1,078 samples have been tested for major and minor ore components during field works,” the statement said.

In accordance to the press office, the first results will be determined after receiving laboratory analytical data later in the year.

“Thus, exploration works will help to solve the issues of prospects for identifying commercial important gold-polymetallic objects. If successful, raw material potential of Ore Altai may be significantly expanded,” the press office concluded.


Follow the author on twitter: @nargiz_sadikh