Chaarat Gold
Chaarat Gold Holdings Ltd listed on the London’s AIM on 8 November 2007 with the ticker CGH. The Chaarat Group was founded for the purpose of exploring and developing gold projects in a gold province in the western part of the Kyrgyz Republic. The Company has a 100% interest in the 604 square kilometre exploration licence, which covers an area of extensive gold mineralisation, within the Tien Shan Gold Belt.
Extensive prospecting has only been conducted on one of the three known clusters of gold occurrences within an area of approximately 48km2, referred to as the Chaarat Gold Project, which hosts many highly prospective gold occurrences. The two other prospective clusters which have been identified in the Licence area, Minteke and Kashkasu will be explored as soon as practical. At the completion of the 2008 exploration season, a Mineral Resource of 3.34Moz at a grade of 4.30 g/t gold (JORC compliant in the Indicated and Inferred categories) had already been delineated