Chaarat Gold-kommender Produzent in Tien Shan Gürtel - 500 Beiträge pro Seite

[runn64]

... Chaarat Gold(CGH) scheint mir extrem unterbewertet :

- 5 $ enterprice value/oz
- 5,5 mill oz. resource !
- Produktionsbeginn 2013(Minenlizenz wird erwartet)
- Produktionskosten bei 350$/oz. +- 10%
- M Cap. 76 mill Pfund (40 mill Cash in der Kasse !)
- Strategischer Investor

zu empfehlen das Interview mit CEO Dekel Golan
www.chaarat.com

dann viiiel spazzz beim studieren

[Timesystem1002]

Und, wo ist der Haken?
Einen "Free-Lunch" gibt es nicht.

[runn64]

Antwort auf Beitrag Nr.: 42.918.611 von Timesystem1002 am 17.03.12 20:43:02

da wäre ich mir nicht ganz so sicher

warst etwa so schnell um alles zu studieren ...

[Coxos]

Antwort auf Beitrag Nr.: 42.918.578 von runn64 am 17.03.12 20:17:52

sehr schön
das tian shan gold belt ist mächtig gewaltig
so gewaltig das man zum belt und cgh sogar was bei wikipedia findet
http://de.wikipedia.org/wiki/Kirgisistan)
na dann wollen wir uns hier mal gepflegt über was gutes unterhalten
schrott aktien threads gibts ja nun zur genüge
ein konstruktions update dürfte auch mal wieder eintrudeln
das letzte vor 3 monaten
immerhin basteln sie ja an strassen, camps und stromleitung
das letzte resourcen update war ja

[runn64]

Antwort auf Beitrag Nr.: 42.919.478 von Coxos am 18.03.12 12:21:45

thx for support

[runn64]

frage mich weshalb hier das pol. risiko höher sein soll
als in machen regionen africas....

...zumal die wachstumsraten vielerorts in asien sich duchaus
auch kirgistan erfassen könnten
... rohstoffe sind ja da und ein grosser nachbar in der nähe

[mamboo]

Mal näher anschauen. Mal schauen, wieviele Aktien zu schon ausgegeben haben.

[bmann025]

Die Contact Zone mit dem groessten Teil der Reserven/Ressourcen geht steil nach unten. Kann man diese zu rentablen Kosten abbauen ?

[runn64]

Antwort auf Beitrag Nr.: 42.920.658 von bmann025 am 18.03.12 22:04:12

wenn du die presentation genauer unter visier nimmst
wird dir auffallen daß die produktionskosten 2016
auf 550$/oz steigen(was selbst jetzt relativ günstig zu betrachten ist) - diese sollten die tieferen ebenen betreffen


....nun,wo könnte der EM preis zu der zeit stehen...was denkst du

[bmann025]

2016 baut man immer noch ganz oben an der Vene ab.

[Vinyard]

Ohne Zweifel einer der interessanteren Werte hier im Forum. Hab mir mal ein paar Stücke ins Depot gelegt. Vielen Dank an Coxos.

[Vinyard]

Chaarat legt heute ja gut los.

Was mir aus der Präsentation leider nicht hervorgeht sind die Capex für die Mine.

[Coxos]

Budget update
The directors continue to foresee that the funds raised -$87 mio- in March 2011 will be sufficient to complete the project and reach production within the anticipated budget framework. The option of leasing the mining fleet and diesel generators is being investigated with a view to reducing the cash outlay further. Tenders for the processing plant and mining fleet are expected to be completed by February 2012.

[runn64]

leicht positive tendenz im roten markt....stehen ewtl. news an

[dillanger]

29,50 GBp sind in Euro? ich finde keinen Wechselkurs

[runn64]

Antwort auf Beitrag Nr.: 42.931.198 von dillanger am 20.03.12 19:36:20

die heimatbörse bleibt immer trumpf,auch wenn ein wenig teuerer
man ist schließlich hier nicht wegen paar prozenten dabei...

[Homer__Simpson]

bookmark

[kl_hase]

noch jemand investiert hier?wie weit ist man eigentlich?hat man schon mit der konstruktion der mine bzw der anlage begonnen??man will oder wollte ja q1 2013 mit der produktion beginnen

[runn64]

Antwort auf Beitrag Nr.: 43.244.902 von kl_hase am 04.06.12 00:23:19

klar,
wäre schlimm nur von short-time tradern umgeben zu sein ...

[runn64]

BlakRock hat seinen anteil auf über 5% erhöht!

[runn64]

it had been a lomg time....

aber die gestrigen news sollten das projekt weiter vorranbrinen

schaut mal auf die hp!

[runn64]

und wieder positive news heute schaut mal rein !

[Coxos]

Dekel: "In terms of size, colloquially, the deposit is clearly an elephant and whilst I am not sure if we hold its tail or an ear we are far from having exposed its belly.”

[Coxos]

um es mit schiller zu sagen
ein schöner tag ...
http://www.youtube.com/watch?v=E-OHAeM8lXs

[runn64]

Chaarat Gold Holdings Limited


("Chaarat" or the "Company")



Strategic update



Road Town, Tortola, British Virgin Islands (13th May 2013)



Chaarat (AIM:CGH), the AIM quoted gold exploration and development company with assets in the Kyrgyz Republic, is pleased to update the market on its strategy for unlocking the value of the Chaarat deposit.



· Fast tracking to Definitive Feasibility Study to underpin discussions on strategic alliances


· Acceleration of infrastructure development



· No fund raising required, no shareholder's dilution and no debt arrangements required



· New management of Shandong Gold confirms its interest in investing in Chaarat



Following consultations with stakeholders, including strategic investors and shareholders, the Board has resolved that, given prevailing market conditions, preparing a definitive feasibility study (DFS), making progress on obtaining the related permits, progressing infrastructure and continuing our discussions with strategic partners are now the best ways to add value to the Chaarat Gold Project.

The completion of a robust DFS will substantiate the value and potential of the Chaarat deposit and will provide the Board with a stronger negotiating position with potential strategic investors, who have already approached Chaarat, as well as increasing the options available for adding value to benefit all shareholders.

A programme of approximately 15,000 metres of infill drilling will be designed and executed during the 2013 season, with data collection for the DFS taking place at the same time, both of which are expected to be completed by the end of this year.

The Company has and will continue to comply with all terms of the Licencing Agreements on the Chaarat deposit with the government.

The Board does not need to raise funds to complete a DFS. The removal of the previously stated requirement to raise working capital of $20 million was a further persuasive factor in the Board's decision to pursue the DFS route. The option of taking debt has become punitively expensive for a company such as Chaarat and our major shareholders have made it clear that they do not want the introduction of a layer of debt between equity and the "gold in the ground". The dilutive effect of raising equity would be very unattractive to potential strategic investors and our shareholders. Cash reserves of approximately $24 million are available to fund the revised strategy.

As announced on 8th May, Mac DeGuire, one of the industry's most respected names, has joined the Board as a non-executive director. Mac will advise the Board and assist the management team, led by Chief Operating Officer David McNee, in ensuring a DFS is prepared and completed on schedule and to the highest standards.



Mac has considerable experience in preparing feasibility studies, overseeing construction and bringing projects into production; including in the Central Asia region where he was responsible for the design and construction of the 14 million tonnes per annum Zarafshan gold heap leach project in Uzbekistan.







Dekel Golan, CEO of Chaarat, comments: "The Board has listened to our key stakeholders and taken note of market conditions to adapt the Company's strategy accordingly. We believe that now is not the time to commit cash flow to small scale production and that fast-tracking a definitive feasibility study, together with a continued focus on the development of infrastructure, is the optimal route to deliver the value of the Chaarat deposit. This will also further strengthen our hand in the negotiation of strategic alliances.



The Pre-feasibility Study published in 2011 demonstrated that the Chaarat deposit is capable of supporting a significant gold production base, in excess of 200,000 ounces of gold per year, at a cash cost of production below $600 per ounce. The study also identified areas which could be improved with further work.



At that time we decided to implement a staged development strategy leading to production, in preference to immediately commissioning a feasibility study. Market sentiment and conditions have led us to refocus our strategy back to the completion of a feasibility study which will remove the threat to shareholders of dilution and demonstrate even more clearly the strong investment credentials of the Chaarat Project.



The Company is fully funded for this next stage in its development and I would like to thank our shareholders for their continued support."



Further information



DFS

The Company will conduct an aggressive infill drilling campaign to increase resource and convert inferred resource to the measured and indicated categories. Particular focus will be given to increasing the open pittable resource to support a large scale mining operation which will operate for the initial few years of the mine life.



In parallel work during the season will be carried out to bring the level of knowledge to the standard required for the DFS in the following areas:



· Design and permitting of a mine waste disposal site

· In depth geotechnical investigations to derive appropriate design parameters for both open pit and underground mine design to feasibility study level

· Metallurgical test work programme to derive appropriate parameters for process plant design and estimates of metallurgical recovery for mine optimisation and economic analyses

· Additional hydrogeological work

· Design of the Tailings Management Facility

· Completion of the Environmental and Social Impact Assessment (ESIA) study to meet both local and IFC standards. The supervision and support for this work was commissioned from AMEC in 2012 and will be expanded to meet the broader requirements of the DFS.



The investigation work outlined above will begin this month with the award of the DFS contract expected in the third quarter of 2013. A timetable will be agreed for completion of the DFS with the successful contractor and the market will be updated on progress.



Acceleration of infrastructure development

Work will continue on improving infrastructure as follows:



· Completion of permitting of the power line connection to the grid including the conduct of the relevant ESIA study

· Securing of land allocation

· Signing a supply contract with the national electricity company based on the previous quota allocation agreement of 25 MW

· Completion of the design, permitting and land allocation of the new section of the access road which will greatly improve access to site

· Permitting and preparing the permanent camp site



Negotiations with Shandong Gold

As reported on 12th March 2013, recommencement of negotiations is due to begin with the recently installed management team at Shandong Gold Mineral Resources Group Co., Ltd., who have been visiting a company in which they already have a strategic investment.



A site visit to Chaarat is to be arranged for later this summer.



Enquiries:


Chaarat Gold Holdings Limited
[phone]

c/o Central Asia Services Limited



Dekel Golan CEO
[e-mail]

Linda Naylor FD
[e-mail]



Numis Securities Limited
[phone]

John Prior, Stuart Skinner (NOMAD)



James Black (Broker)





Further information is available at www.chaarat.com


NOTES TO EDITORS:

About Chaarat Gold



Chaarat Gold is an exploration and development company operating in the Kyrgyz Republic. Situated in the highly prospective Tien Shan gold belt, a JORC compliant resource of 5.76Moz at a grade of 4.03g/t has been delineated at the Chaarat Gold Project. The Company's key objective is to become a low cost gold producer targeting annual production of 200,000 ounces from the development of the Chaarat Gold Project.



Chaarat has several other promising prospects also located within the Kyrgyz Republic. An exploration programme is underway at the Company's Chontash project, located in the Akshirak range of mountains. A mining licence has been obtained for the Mironovskoye asset.

[BeerisGood]

Published on May 28, 2013

[kl_hase]

was ist denn hier passiert, das der kurs so abschmiert???

[BeerisGood]

Antwort auf Beitrag Nr.: 44.750.499 von kl_hase am 30.05.13 16:36:24

Preis in GB ist 10p.

[runn64]

Antwort auf Beitrag Nr.: 44.750.499 von kl_hase am 30.05.13 16:36:24

berechtigte frage....

die haben den produktionsstart nach hinten verschoben...
und das hat wohl manch einem investor nicht geschmeckt

dennoch die liegenschaft bleibt weltklasse,aber wie man sieht
konnen solche planabweichungen solch massiv-korekturen auslösen

es bleibt dennoch spannend,denn die sind dabei auszuloten
wie stark sich der chinesische partner bei der aufbau
der mine einbringen wird....

[runn64]

Numis: Chaarat Gold (Buy, TP: 30) De-risking the Golden Elephant
Last week we visited Charaat’s gold project in Kyrgyzstan. We were impressed both by the results achieved to date and the scale and geological potential of this attractive 5.7Moz project. The project is not without its challenges to mining, processing and infrastructure but we believe sound geology will ultimately carry the project through. It will be all eyes to results of the DFS over the coming year on how the project will ultimately shape up, but in the meantime we have made some gross assumptions to value the project. Despite these changes, our TP remains 30p and we maintain our BUY recommendation. Our takeout target price is 55-75p, assuming a strategic partner comes in. The stock continues to trade at a cheap 0.2x NAV and an EV/Resource of $1/oz.
 Potential outweighs challenges. We believe the Chaarat project has the potential to be a +10Moz deposit, with the current resource only defined over 6km of the total over the total 40km strike. The project hosts decent grades of 3-4g/t over healthy mineable widths up to 20m, and relatively simple and consistent geology. However, the key question now is what is the most economically and environmentally suitable means of extraction, given its topographically challenging location with a seasonally harsh climate, limited infrastructure and steeply dipping, predominantly refractory ore. This should be answered by the Definitive Feasibility Study (DFS) and, in our view, the team, set-up and finances are in place to get it done.
 Model changes. We have made some changes to our model, based on some gross and conservative assumptions, which are likely to change with the results of the DFS. We have assumed a 200kozpa operation with a cash cost of $550-600/oz, starting in 2017. We have reduced our risk-weighting to 0.75x NAV as we see development of the project relatively binary, contingent on securing a strategic partner.
 Strategic partner likely. Given the scale of this potential +200kozpa project and related financing requirements, a strategic partner seems the likely solution to develop it, in our view. We believe the project to be attractive, given its world class size, economic potential and close proximity to China. We believe the completion of a DFS will make the project more robust and likely to put Chaarat in a stronger bargaining position with Shandong and other potential strategic investors

[runn64]

Antwort auf Beitrag Nr.: 45.020.605 von runn64 am 10.07.13 21:15:14

die analyse ist von 10.07.2013

[runn64]

Chaarat Gold Holdings Limited


("Chaarat" or the "Company")



POSITIVE DRILLING RESULTS AT THE CHAARAT GOLD PROJECT



Road Town, Tortola, British Virgin Islands (23rd September 2013)



Chaarat (AIM - CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, is pleased to provide an update on the in-fill drilling programme in the Main Zone of the Chaarat Gold Project.



In recent months, the Company has been drilling a number of test holes as part of the data collection process for the Definitive Feasibility Study. The latest results have now been analysed. The Board is delighted to report that the grades of the samples recovered are higher than previously anticipated.



Highlights


· Positive in-fill drill results including:

· Section 3160: CCH13M30116: 60 metres of 4.11 g/t Au

· Section 3040: CCH13M30117: 25.50 metres of 5.57 g/t Au

· Section 2560: CCH13M24149: 16.50 meters of 5.02 g/t Au


· Substantial potential to significantly increase the open pit potential and reduce the upfront project cost.

Dekel Golan, CEO of Chaarat, commented:



"The results reported today continue to demonstrate why Chaarat is one of the best undeveloped gold deposits in the world. With the uncertainty surrounding the gold price and costs of production, a high grade near surface open pit operation is the best way to ensure the viability of a mining project."



Enquiries:


Chaarat Gold Holdings Limited
+ 44 23 800 11747/+ 44 20 7499 2612

c/o Central Asia Services Limited
[e-mail]

Dekel Golan CEO



Linda Naylor FD





Numis Securities Limited
[phone]

John Prior, Stuart Skinner (NOMAD)



James Black (Broker)





Further information is available at www.chaarat.com.



General description of the Main Zone

The Main Zone is one of three zones of mineralisation within the Chaarat Gold Project, the others being the Contact and Tulkubash Zones. The Main Zone strikes parallel to the other two zones and extends discontinuously over 10 kilometres from M2400 in the southwest to the Ishakuldy areas in the northeast. The mineralised zones dip at 65-80 degrees to the NW.



Data collection for the Definitive Feasibility study (DFS) has included a 10,000 metre in-fill and step-out exploration drilling programme. The objective of the drilling programme is to extend the shallow high grade-open pit-partially heap leachable reserve base of the Project. Increasing production from this portion of the deposit will significantly improve the Project cash flow as capital expenditure on the costly oxidation unit can be delayed.



Positive results to date have been obtained in the Main Zone where the Company has delineated a mineralization strike of 2.5 km, which includes some outstanding gold intervals. The results from of all drill holes as well as a map of the Main Zone are available at www.chaarat.com.



The mine design is in progress and indications are that this portion of the deposit will support increased lower cost early stage production than originally envisaged when the Pre-Feasibility Study was prepared in 2011. This will contribute considerably to the objective value of the deposit. If the deposit can sustain initial production without the need to use oxidation, the early stage cost of production, as well as the initial capital cost, will be significantly reduced. The impact of these parameters on project value will considerably improve the project's value.



Drilling in the Main Zone

A total of 143 holes have been drilled in the Main Zone along the 2.5 km strike, of which 29 were drilled in 2013, and 23 more are planned to be drilled before the end of the season.



Geology of the Main Zone

Mineralisation in the Main Zone is hosted in a 10-15 metre wide shear zone as an anatomising strike slip fault system; within the Ordovician age Chaarat formation (siltstones and sandstones). The gold mineralization is associated with sulphides, sericitic alteration and minor quartz veinlets.



Further update

Chaarat will provide a further update on the Definitive Feasibility Study in its half year results statement to 30 June 2013 which will be released shortly.





















Appendix 1: The table below includes the results from holes drilled and assayed (only gold grades are included).
Holes drilled this year

Section
Hole Number
From
To
length
True width
Au Grade

1680
CCH13M24126
1.00
9.00
8.00
6.93
3.86

1680
CCH13M24126
2.00
5.00
3.00
2.60
6.64

1720
CCH13M24139
63.50
65.50
2.00
1.74
1.77

1760
CCH13M24123
15.00
18.00
3.00
2.60
1.94

1760
CCH13M24123
27.00
34.00
7.00
6.06
2.29

1760
CCH13M24123
36.00
47.00
11.00
9.53
3.14

1760
CCH13M24123
94.00
98.00
4.00
3.46
3.41

1760
incl
96.00
97.00
1.00
0.87
5.33

1840
CCH13M24134
52.50
57.00
4.50
4.00
2.00

1840
CCH13M24134
70.50
78.00
7.50
6.00
1.85

1840
CCH13M24134
79.50
85.50
6.00
4.80
2.66

1880
CCH13M24128
76.00
77.50
1.50
1.31
4.23

1880
CCH13M24128
88.00
89.50
1.50
1.31
2.43

1920
CCH13M24127
257.50
281.50
24.00
20.88
2.75

1920
incl
262.00
266.50
4.50
3.92
4.12

1920
CCH13M24127
296.00
299.00
3.00
2.61
4.14

2080
CCH13M24130
55.50
60.00
4.50
3.92
2.38

2080
CCH13M24130
112.50
118.50
6.00
5.22
4.45

2120
CCH13M24132
45.50
50.00
4.50
3.90
2.96

2120
CCH13M24132
65.00
76.20
11.20
9.30
2.24

2120
CCH13M24132
69.50
72.50
3.00
2.75
5.26

2120
CCH13M24140
71.00
74.00
3.00
2.40
3.71

2120
CCH13M24140
75.50
78.50
3.00
2.40
2.33

2120
CCH13M24140
80.00
84.50
4.50
3.60
2.18

2120
CCH13M24140
103.50
108.50
5.00
4.00
2.19

2160
CCH13M24138
28.50
36.35
7.85
7.00
4.82

2440
CCH13M24151
30.00
48.00
18.00
14.40
2.83

2440
incl
30.00
34.50
4.50
3.60
4.41

2440
incl
40.50
43.50
3.00
2.40
4.38

2480
CCH13M24137bis
15.00
21.00
6.00
5.22
1.90

2480
CCH13M24137bis
54.00
58.50
4.50
3.92
3.86

2480
CCH13M24141
30.00
46.50
16.50
14.36
3.15

2480
CCH13M24141
58.50
63.50
5.00
4.35
4.16

2480
incl
61.50
63.00
1.50
1.20
7.12

2480
CCH13M24141
69.00
73.50
4.50
3.92
8.05

2520
CCH13M24146
2.50
13.00
10.50
9.14
1.97

2520
incl
2.50
7.00
4.50
3.60
2.59

2520
CCH13M24146
25.00
26.50
1.50
1.31
6.40

2520
CCH13M24146
42.00
52.50
10.50
8.40
3.70

2520
incl
42.00
46.50
4.50
3.60
4.65

2520
CCH13M24147
1.50
13.00
11.50
9.20
2.10

2520
incl
1.50
4.00
2.50
2.00
3.71

2560
CCH13M24135
70.00
79.50
9.50
8.27
7.80

2560
incl
72.00
79.50
7.50
6.53
9.27

2560
incl
76.50
79.50
3.00
2.61
13.98

2560
CCH13M24136
46.00
49.00
3.00
2.61
2.76

2560
CCH13M24149
40.00
56.50
16.50
13.20
5.02

2560
incl
43.00
50.50
7.50
6.00
10.14

2600
CCH13M24143
24.00
34.50
10.50
9.14
1.96

2600
CCH13M24143
37.00
39.50
2.50
2.18
4.27

2640
CCH13M24142
26.00
30.50
4.50
3.92
3.07

2840
CCH13M30118
34.00
41.50
7.50
6.00
2.54

2840
CCH13M30118
34.00
37.00
3.00
2.64
3.89

2840
CCH13M30118
79.00
82.00
3.00
2.40
4.05

2920
CCH13M30111
108.00
125.00
17.00
13.60
3.12

2920
incl
120.50
125.00
4.50
3.60
5.96

2920
CCH13M30111
130.00
137.50
7.50
6.00
4.47

2920
incl
130.00
133.00
3.00
2.40
7.08

2960
CCH13M30112
15.00
30.00
15.00
12.00
2.21

2960
incl
15.00
18.00
3.00
2.40
5.83

2960
CCH13M30112
34.50
37.50
3.00
2.40
2.13

2960
CCH13M30112
48.00
54.00
6.00
4.80
3.79

2960
CCH13M30113
23.00
26.00
3.00
2.40
3.51

2960
CCH13M30113
95.50
98.60
3.10
2.48
2.74

3000
CCH13M30115
4.50
9.00
4.50
3.60
2.56

3000
CCH13M30115
22.50
28.50
6.00
4.80
5.77

3000
CCH13M30115
128.50
132.50
4.00
3.20
4.02

3000
CCH13M30115
150.50
155.00
4.50
3.60
2.00

3000
CCH13M30115
156.50
165.50
9.00
7.20
4.17

3040
CCH13M30117
62.50
88.00
25.50
20.40
5.57

3040
incl
76.00
88.00
12.00
9.60
7.39

3160
CCH13M30116
146.50
206.50
60.00
42.00
4.11

3160
incl
146.50
187.00
40.50
28.35
4.93

3160
incl
155.50
164.50
9.00
6.30
6.88

3160
incl
167.50
172.00
4.50
3.60
5.41

3160
incl
176.50
187.50
11.00
7.70
6.64

3160
CCH13M30120bis
40.00
46.00
6.00
4.80
2.30

3160
CCH13M30120bis
104.00
114.50
10.50
8.40
3.47

3160
incl
110.00
114.50
4.50
3.60
5.48

4000
CCH13M34001
61.50
71.50
10.00
8.00
5.12

4000
incl
61.50
67.00
5.50
4.40
8.03

4000
CCH13M34001
134.50
137.50
3.00
2.40
2.33

4000
CCH13M34001
155.50
164.50
9.00
7.20
4.33






QA/QC Procedures: Sampling Methodology and Quality Control

All samples are sent to a laboratory in the Kyrgyz Republic, Alex Stewart, accredited by the UK Accreditation Service, for sample preparation and assays. Genalysis, Australia, a NATA ISO/IEC 17025 accredited laboratory for analysis is being used for QA/QC check of the analyses of Alex Stewart. 20% check samples in form of 2 Standards, 1 Blank and 1 Duplicate in a batch of 20 samples are being used for quality checks of the Alex Stewart assays.



Competent Person

The Competent Person with overall responsibility for this press release, and who has reviewed the information contained herein, is Sunit Patel, M.Sc. (Geology), FGS, GSSA, who is an employee of Chaarat. Sunit is an exploration geologist with more than 24 years of experience in the resource industry who has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' and he was supervisor to the work which is the subject of this release. Mr Patel consents to the inclusion in the report of the matters based on this information in the form and context in which it appears.





NOTES TO EDITORS:

About Chaarat Gold



Chaarat Gold is an exploration and development company operating in the Kyrgyz Republic. Situated in the highly prospective Tien Shan gold belt, a JORC compliant resource of 5.76Moz at a grade of 4.03g/t has been delineated at the Chaarat Gold Project. The Company's key objective is to become a low cost gold producer targeting annual production of 200,000 ounces from the development of the Chaarat Gold Project.



Chaarat has several other promising prospects also located within the Kyrgyz Republic. An exploration programme is underway at the Company's Chontash project, located in the Akshirak range of mountains. A mining licence has been obtained for the Mironovskoye asset.

[runn64]

RNS Number : 4050Z
Chaarat Gold Holdings Ltd
06 February 2014


Chaarat Gold Holdings Limited


("Chaarat" or the "Company")



Holding in Company



Road Town, Tortola, British Virgin Islands (6th February 2014)



Chaarat (AIM - CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, was informed on 5th February that the Fasanara Capital Credit Strategies Fund holds 28,957,436 ordinary shares of US$0.01 each, representing 11.56% of the issued share capital of the Company.



Enquiries:


Chaarat Gold Holdings Limited
+ 44 23 800 11747/+ 44 20 7499 2612

c/o Central Asia Services Limited
[e-mail]

Dekel Golan CEO



Linda Naylor FD





Numis Securities Limited
[phone]

John Prior, Stuart Skinner (NOMAD)



James Black (Broker)





Further information is available at www.chaarat.com

[runn64]

Chaarat Gold Holdings Limited

("Chaarat" or "the Company")

Director's dealings

Road Town, Tortola, British Virgin Islands (12th February 2014).

Chaarat (AIM:CGH) was notified on 10th February, that on 6th February, Vetan Investments Limited, on behalf of Alexander Novak, completed the purchase of 1,310,886 ordinary shares of US$0.01 each ("Shares") in the Company at a price of 10p per share. Following this transaction, Alexander Novak has a beneficial interest in 12,386,198 Shares representing approximately 4.94% of Chaarat's issued share capital.

This purchase of shares by a director follows the announcement on 4th February that Richard Rae, a non-executive director, had purchased 200,000 ordinary shares of US$0.01 each ("Shares") in the Company at a price of 9.7p per share.

Chaarat's directors now hold 13.72% of the Company's issued share capital.

Enquiries:
Chaarat Gold Holdings Limited
+ 44 23 800 11747/+ 44 20 7499 2612

c/o Central Asia Services Limited
[e-mail]

Dekel Golan CEO


Linda Naylor FD


Numis Securities Limited
[phone]

John Prior, Stuart Skinner (NOMAD)
James Black (Broker)



NOTES TO EDITORS:

About Chaarat Gold

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.

The Company's key objective is to become a low cost gold producer targeting annual production of 200,000 ounces from the development of the Chaarat Gold Project. Chaarat is fully funded to complete a Definitive Feasibility Study (DFS) and continue its active community engagement programme to optimise the value of the Chaarat investment proposition.

Chaarat has several other promising prospects also located within the Kyrgyz Republic.

[runn64]

und wieder langt Fasanara zu


Chaarat Gold Holdings Limited

("Chaarat" or the "Company")


Holding in Company

Road Town, Tortola, British Virgin Islands (19th February 2014)



Chaarat (AIM - CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, was informed on 18th February that the Fasanara Capital Credit Strategies Fund holds 30,157,436 ordinary shares of US$0.01 each, representing 12.04% of the issued share capital of the Company.

[runn64]

!

Dieser Beitrag wurde von CloudMOD moderiert. Grund: kein direkter Bezug zum Threadthema

[Popeye82]

ich habe die Aktie, nicht.
Wahrscheiiinlich wird das auch so bleiben.

Chaarat Gold selects DFS contractors for Kyrgyz Republic project - MT - Mar 28, 2014
www.mining-technology.com/news/newschaarat-gold-selects-dfs-…

"Exploration and development firm Chaarat Gold has selected the contractors to complete all components of its definitive feasibility study (DFS) for the Chaarat project in the Kyrgyz Republic.

Gustavson Associates will serve as project managers for the DFS and will prepare the geology, mineral resource and mine design sections.

The company will also undertake the open pit and underground mine planning.

Resource Development will serve as metallurgical consultants, while Golder Associates (UK) will provide the geotechnical, hydrological and environmental studies for the project.

GBM Minerals Engineering Consultants will undertake the process and infrastructure engineering for the project as well as the study on logistics.

The DFS is due for completion by the end of 2014 and the drilling programme at the site in 2013 will be used to complete a new resource and reserve model designed to upgrade the JORC resource from inferred to the indicated and measured categories.

Chaarat Gold chief executive officer Dekel Golan said the company is looking forward to finalising the Chaarat DFS, moving towards permitting, construction and starting the building of a major gold mine in central Asia.

"The new team members will be visiting site as soon as it opens at the end of April," Golan said. "We will keep the market updated as work on the DFS progresses."

"I am pleased that a number of projects in the Kyrgyz Republic have shown progress in recent weeks, as a sign of confidence in the country, following the positive progress made in the resolution of differences between the Kyrgyz Government and Centerra concerning the Kumtor mine."

Chaarat Gold said its key objective is to become a low-cost gold producer targeting annual production of 200,000oz from the Chaarat gold project development.

The company has various other prospects also located within the Kyrgyz Republic. "

[runn64]

der Schtaubsauger läüft ,wie ich sehe, einwandfrei

[runn64]

Antwort auf Beitrag Nr.: 46.725.315 von Popeye82 am 28.03.14 15:22:43

its your choise,sailor

---------------------------------------------------------------------------

Chaarat Gold Holdings Limited


("Chaarat" or the "Company")



Holding in Company



Road Town, Tortola, British Virgin Islands (26th March 2014)



Chaarat (AIM - CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, was informed on 25th March that the Fasanara Capital Credit Strategies Fund holds 35,532,436 ordinary shares of US$0.01 each, representing 14.19% of the issued share capital of the Company.



Enquiries:


Chaarat Gold Holdings Limited
+ 44 23 800 11747/+ 44 20 7499 2612

c/o Central Asia Services Limited
[e-mail]

Dekel Golan CEO



Linda Naylor FD





Numis Securities Limited
[phone]

John Prior, Stuart Skinner (NOMAD)



James Black (Broker)





Further information is available at www.chaarat.com


NOTES TO EDITORS:

About Chaarat Gold



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.



The Company's key objective is to become a low cost gold producer targeting annual production of 200,000 ounces from the development of the Chaarat Gold Project. Chaarat is fully funded to complete a Definitive Feasibility Study (DFS) and continue its active community engagement programme to optimise the value of the Chaarat investment proposition.

Chaarat has several other promising prospects also located within the Kyrgyz Republic.

[runn64]

Chaarat Gold Holdings Limited


("Chaarat" or the "Company")



Updated resource calculation for the Chaarat Gold Project



Road Town, Tortola, British Virgin Islands (1st April 2014)

Highlights

· Total Measured and Indicated JORC resource increased by 20% to 3.59 million ounces at a grade of 3.3 g/t (@ 2g/t cut off)



· Measured and Indicated resource of the mostly oxide open pittable Tulkubash Zone increased 95% to 639,171 ounces @ 2g/t (@ 1g/t cut off)



· Total resource (Measured, Indicated and Inferred) decreased by 8.1% from 5.76 Moz to 5.29 Moz due to more restrictive delineation of Inferred category resource*





Chaarat undertook an infill drilling programme in the 2013 season in order to increase the potential reserves to be delineated as part of the Definitive Feasibility Study (DFS).

Drilling in the shallower, more weathered and therefore more oxidized layer of the deposit was designed to increase the Measured and Indicated resource which will be mined by the open pit method. More material was delineated in the near surface oxide open pittable sections but at a slightly lower grade than the deeper material. The grade of the predominantly underground non-oxide material section of the deposit has been reduced from 4.03 g/t to 3.36 g/t using a 2 g/t cut-off grade. The grade of the shallow oxide and open pittable section of the deposit is currently 1.97 g/t using 1 g/t cut off. The change of grade was also a result of the more conservative approach adopted in the construction of the solid model.

As a result of the additional drilling a larger part of the resource can be categorised as Measured and Indicated. At the same time stricter criteria for inclusion of material in the Inferred category reduced the proportion of Inferred resource from 48% to 27% of the total resource.

It has become apparent that different mining methods will be used to mine the resource so presenting the resource at a single cut-off grade could be misleading. In accordance with current best practice the resource information has therefore been presented at a range of cut off grades.

Chaarat and its advisers believe that it would be prudent to use a cut-off grade of 2.0 g/t for areas of the deposit amenable to bulk underground mining techniques, based on a gold price of $1,250, and industry average bulk underground mining and mill processing costs.

A cut-off grade of 1 g/t for the open-pit, oxide portions of the deposit, due to lower average mining and processing costs, is considered reasonable.

Portions of the deposit where lower productivity underground mining techniques would be used are likely to have higher cut-off grades. A more complete analysis of cut-off grades, costs and recoveries will be undertaken as part of the DFS. The resource model is the basis for the mine design which is currently being prepared by Gustavson.

Dekel Golan CEO of Chaarat commented: "Increasing the Measured & Indicated resource, which is the basis for the mine reserve calculation, by 20% to almost 3.6 million ounces is an outstanding achievement for our team. We are encouraged that the significant amount of oxide material now delineated may reduce costs of initial production.

It is worth noting that the average grade of large discoveries today is 0.89g/t and the average grade of producing mines is 1.18g/t, significantly lower than that of Chaarat1. This is perhaps the key strength of Chaarat - the potential, once in production, to continue to operate profitably even at a low gold price."

[1] Source: Natural Resource Holdings Global 2013 Gold Mines & Deposit Rankings - Visual Capitalist

* Based on the considerations above, Chaarat has previously reported its resource using a cut-off grade of 1.0 g/t for the predominantly open pit oxide resource and 2.0 g/t for the mainly underground sulphide material.
For the sake of clarity we have continued to use the same parameters.

Competent Person

The Competent Person with overall responsibility for this press release, and who has reviewed the information contained herein, is Thomas Matthews, MMSA QP, B.S., Geology, who is the Senior Resource Geologist of Gustavson Associates. He has 19 years of experience in the resource industry and is a Qualified Person as defined by NI 43-101, and a Competent Person as defined by JORC and AIM. Mr Matthews consents to the inclusion in the report of the matters based on this information in the form and context in which it appears.

[runn64]

Chaarat Gold Holdings Limited


("Chaarat" or the "Company")



Holding in Company



Road Town, Tortola, British Virgin Islands (29th May 2014)



Chaarat (AIM - CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, was informed on 28th May that Fasanara Capital Limited holds 40,099,018 ordinary shares of US$0.01 each, representing 16.01% of the issued share capital of the Company.



Enquiries:


Chaarat Gold Holdings Limited
+ 44 23 800 11747

c/o Central Asia Services Limited
[e-mail]

Dekel Golan CEO



Linda Naylor FD





Numis Securities Limited
[phone]

John Prior, Stuart Skinner (NOMAD)



James Black (Broker)





Further information is available at www.chaarat.com


NOTES TO EDITORS:

About Chaarat Gold



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.



The Company's key objective is to become a low cost gold producer targeting annual production of 200,000 ounces from the development of the Chaarat Gold Project. Chaarat is fully funded to complete a Definitive Feasibility Study and continue its active community engagement programme to optimise the value of the Chaarat investment proposition.



Chaarat aims to create value for its shareholders, employees and communities from its high quality gold and mineral deposits in the Kyrgyz Republic by building relationships based on trust and operating to the best environmental, social and employment standards.

[runn64]

Chaarat Gold Holdings Limited


("Chaarat" or the "Company")



Update on Definitive Feasibility Study



Road Town, Tortola, British Virgin Islands (18th June 2014)

Chaarat (AIM - CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, is pleased to provide a further progress update on the Definitive Feasibility Study ("DFS") for the Chaarat Project ("the Project").

Highlights

· Projected production expected to be increased significantly to at least 250,000 ounces of gold per annum - a level appropriate to the size of the Chaarat deposit


· Two stage option to implement the Project identified which would enable production to commence with a lower up-front capital cost


· Heap leach operation estimated to generate circa 120,000 ounces of gold per year


· Production rate from sulphide ore yet to be determined but likely to be higher than the heap leach level of production


· Layout of whole Project revised to improve efficiency, reduce possible environmental impact and eliminate access issues


· Small amount of additional drilling underway to support the implementation strategy and secure more geotechnical information


· Cheaper processing option for refractory ore under investigation


· Timing for completion of DFS revised to early 2015, reflecting the assessment of the enlarged heap leach opportunity

As announced in March 2014, the team of DFS consultants visited the Chaarat site when it opened at the end of April. Their findings have now been evaluated. The first stage of the work involved studying various alternatives and options to conclude on an optimal scope for the development of the Chaarat Project. The DFS will then be prepared in accordance with the agreed scope.

Strategic development of the deposit

The optimal strategic development of the deposit has been identified as two production lines which share elements of the infrastructure, but are economically feasible as standalone Projects. The decision whether to implement the two lines sequentially or in parallel will be based on the likely financing options available to the Company, for example, whether Chaarat will self-develop the deposit or whether it will be developed by a JV with a large operating partner or a strategic investor.

The Chaarat deposit hosts two types of ore which can be treated by different processes. One zone (the Tulkubash Project) is predominantly low sulphur and amenable for heap leaching. The other part of the deposit is more refractory and requires oxidation before gold can be leached out of the ore.

The involvement and provision of financing from a joint venture partner or strategic investor should enable both stages of the process to be undertaken at once. If this involvement does not materialise, the processes can be undertaken sequentially, dependent on the availability of finance to Chaarat.

The DFS will evaluate the heap leach and refractory options as separate standalone Projects.

Layout of the Project

The Chaarat deposit is located in a narrow valley which could inhibit the expansion of the Project once in production. As part of the DFS, the consultants reviewed other options for the location of the processing plant and associated infrastructure. A trade off study has concluded that there are considerable economic, environmental and operational benefits to locating the production facility in an adjacent valley.

In order to connect the plant to the mine site a 10km tunnel will need to be constructed through the mountain. The preliminary results of the trade off study have demonstrated that the reduction in haulage and other operating costs will significantly outweigh the capital cost of the tunnel, while also delivering major environmental benefits. Further work is now underway to finalise the design and costs of the tunnel construction.

Scale considerations

A staged development will mean that the heap leach option, which requires significantly less capital investment and is less complex to operate, will be built initially. The indicative capital cost of the tunnel and power line necessary to take the first stage heap leach Project into production will have an impact on the economics of this Project on a standalone basis, but the anticipated increased level of production to 120,000 ounces of gold per annum should support the attractive return on this investment. Conversely, the economics of the second larger refractory Project will benefit very considerably from the capital expenditure carried by the heap leach Project.

Heap leach operational scale

The main feed of ore for the heap leach operation is from the Tulkubash zone. A preliminary mine design of the Tulkubash pit has indicated the economic benefits of processing not only the material grading above 1 g/t cut-off but also the lower grade material situated inside the pit envelope. This early plan shows reserves included in the initial pit will be about 17 million tonnes of ore at a grade of 0.93 g/t being 523,000 ounces of heap leachable reserves. The strip ratio is currently estimated at about 2:1. The low strip ratio, with the consequent reduction in the mining costs of diesel and labour (which are in any case relatively low in the Kyrgyz Republic), will increase the returns generated from the heap leach operation. It has therefore been decided that the heap leach operation will be designed to process 5 million tonnes per annum or 15,000 tonnes per day and produce approximately 120,000 ounces of gold per annum.

As this revised production level is significantly higher than previously expected, additional drilling of about 4-5,000 metres is required to support a sustainable standalone heap leach operation. This drilling has commenced and is expected to be concluded in September. The mineralised zone very clearly extends towards the north which gives us confidence that the required resource can be added.

Scale of the refractory operation

The mine design of both the refractory open pit and underground operation is also in progress. The optimal scale of the operation can only be determined once the mine design is complete. However, the results of the DFS to date indicate that the scale of the Project can be significantly larger than the originally anticipated production of 200,000 ounces per year included in the Prefeasibility Study prepared in 2011. The heap leach Project alone is being designed for 5 million tonnes of ore annually or production of about 120,000 ounces of gold per year. The refractory operation (which will be fed from both the open pit and underground) can support a greater production profile.

Process update

We initially considered that the refractory ore, due to its sulphur content, would need to be processed by oxidation which would probably take the form of flotation followed by pressure oxidation. The capital cost of this process is significant.

Initial work on bio-oxidation of the crushed refractory ore has shown promising results by using a simpler process of heap bio-oxidation followed by heap leaching. The results were achieved following a short oxidation period by a generic culture. More work has been commissioned to develop a tailor made culture and to run larger scale tests. If this process proves to be suitable there will be considerable positive effects on the economics of the Project, by the reduction of both capital and operating costs.

Timing

The results to date of the DFS have exciting implications for the economics of the Project. However in order to complete the work and analyse the results we now expect to complete the DFS in early 2015. The Board firmly believes that the additional work will add value to the Chaarat Project by increasing production, reducing operating costs and reducing the environmental impact.

The Board has carefully reviewed the revised budget and cash flow for the group and is taking measures to source additional funding from the sale of equipment (originally purchased for small scale production so not immediately needed following the revision to the strategy) and other exploration assets to cover the impact of the additional work and enlargement of scope of the DFS. Some equipment has already been sold and further advanced negotiations are in progress. In addition, we have already received expressions of interest in acquiring some of our exploration assets.

Dekel Golan CEO of Chaarat commented: "As the Project starts to take shape we are all excited by the emerging initial results. The purpose of the study is not merely to develop a "spreadsheet" Project but to demonstrate how project risk can be mitigated and the Project as a whole simplified and made more robust.

The decision to build a tunnel removes almost entirely issues of access to site and concerns about environmental protection in a restricted location; considerations which more than outweigh the increase in upfront costs and the delay to production caused by the construction of the tunnel. Having a heap leach operation that, in itself, underpins the economics of all the development- whether or not a second stage is built - is another major positive.

A projected production capacity of 250,000 ounces per annum confirms Chaarat's potential as a top gold producer, and the two stage option delivers flexibility, while not compromising overall returns.

We continue to be of the belief that Chaarat is one of the largest and best undeveloped Projects in the world and the uncompromising objectives of the DFS are to demonstrate both the economic merit of the Project as well as to chart a clear route for its development. On this basis the increased scope of the DFS and additional data collection now underway is more than justified.

Updates will be issued once we have further results to report. I will be giving a presentation at the Proactive Investors event on 26 June and in the meantime the Annual Report will reflect on our progress to date."
Enquiries:
Chaarat Gold Holdings Limited
+ 44 23 800 11747

c/o Central Asia Services Limited
[e-mail]

Dekel Golan CEO


Linda Naylor FD