5th Aug 2014 10:36
LONDON (Alliance News) - Tengri Resources Tuesday said it has started a drilling programme at the Taldybulak gold-copper deposit at the Talas exploration licence in the Kyrgyz Republic, after securing a two-year access agreement with the local Talas community.
The 12 hole, 2,000 metre diamond drilling programme started on August 1 and is targeting a previously-identified, near-surface, sheeted-vein system.
The initial drilling programme will seek to delineate a low tonnage, high-grade deposit which could benefit from the potential development of Tengri's Andash and other Talas Valley projects located nearby.
"We are very pleased to announce the finalisation of the community access agreement for the development of the Taldybulak gold-copper deposit. The team at Tengri has been working diligently with the local Aral Community to ensure the appropriate outcome is achieved for all parties concerned," said Tengri Executive Director Gary Lewis.
Tengri shares were flat at 13.5 pence on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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