The assets of Acadian includes the Beaver Dam and Fifteen Mile Stream gold
projects, located proximal to AGB's recently acquired Touquoy and Cochrane Hill Projects, and a portfolio of exploration properties in Nova Scotia, Canada.
mine developers significantly affect environmental situation, the PM said.
With the bulk of the corporate re-structuring now behind us, we look forward to resuming exploration/development activities, commencing with a proposed drill programme on the bulk tonnage target Fifteen Mile Stream gold
property in late July.
The Prime Minister also told tax officials of Chatkal district they should control the stream gold
taken out of the district.
One of mining companies developing a stream gold
mine in Chatkal district understated gold concentration several times.
Gold reserves at 60 deposits are estimated at 448 tons by November 2012, including confirmed 443 tons at 36 hardrock gold deposits, 5 tons at 24 stream gold
deposits, according to the draft strategy of Kyrgyzstan's economic development strategy for 2013-2017.
No appropriate oversight was arranged this year, small deposits were not controlled, especially stream gold
mines," he said.
There are violations of environmental and technical norms at the stream gold
mines in Jalal-Abad region, Prime Minister Jantoro Satybaldiev told reporters on October 25.
Fonta has the license for development of stream gold
Ayuchach Area (Jalal-Abad region) - stream gold
, for geological exploration 2.
Valentin Bogdetskiy said 12 small stream gold
deposits could be given to local companies for development.
The management of the State Geology Agency returned the licenses for development of the biggest stream gold
deposit Kuru-Tegerek to Fonta, which once belonged to ex-Prime Minister Nikolay Tanaev and was taken over then by cronies of Maxim Bakiev, the lawmaker said.