Chaarat Gold is an exploration and development company operating in the Kyrgyz Republic with a large, high grade resource which is capable of generating low cost gold production – the Chaarat Gold Project.
Of the 7.04 million ounce JORC resource, 86% is in the Measured and Indicated category @ 2.59g/t with the Inferred balance of 1 million ounces @ 2.95g/t.
The Company’s key objective is to become a low cost gold producer from the development of the Chaarat Gold Project. Chaarat is working on the optimisation of its Definitive Feasibility Study and reviewing a number of development options, to establish the best way to maximise the value of the Chaarat investment proposition, whilst continuing its active community engagement programme.
Chaarat has two other promising prospects also located within the Kyrgyz Republic.
Chaarat Gold Holdings Limited listed on London`s Alternative Investment Market (AIM) on 8 November 2007 at CGH.