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Tengri Resources Shares Higher On Start Of Taldy Bulak Study

11th Mar 2015 08:29

LONDON (Alliance News) - Tengri Resources on Wednesday said it has started a feasibility study for the first phase of the Taldy Bulak copper-gold project in Kyrgyz Republic.

In addition to the phase one feasibility study, the company is undertaking a conceptual study to examine development scenarios for the Taldy Bulak and Andash deposits.

"We are very pleased to have assembled a highly experienced team to work alongside local and internationally acclaimed mineral consultants working on the Feasibility Study for Phase 1 at our flagship Taldy Bulak gold and copper project," said Tengri Director John Levings.

Tengri shares were up 23% to 3.3837 pence on the news, one of the best performers in the London Main Market.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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