Project Operator: Arka Gold Company LLС
Project Description: Kiikbai-Saidal gold ore deposit, Kiikbai Project, a copper-gold deposit located 28 km southeast from Akadyr village, Shetskiy District, Karaganda Region,
Project’s Current Status: finalizing of geological exploration is performed to move to the design stage,
Project Reserves: 427,000 tons of ore, average gold grade in geological reserves is 2.3 g/t (983kg of gold), average copper grade is 0.82% 2,800 tons of copper (3,516 tons of copper)
Mining Method: Open pit
Project Process Information: Metallurgical methods
Project Duration: 4 years
Deposit Development Period: 3 years
Project Design Capacity: 100,000 tons of commercial ore per year
Project’s Current Stage Finance Status: 100% of the project is funded,
Start of Facilities Construction: year 2024,
Facilities Launch Planned At: year 2024.