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High grade gold intercepts reported at Chaarat Gold Holdings

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Chaarat Gold Holdings (LSE: CGH) operate a gold mine in Kapan Armenia with assets at various stages of exploration  development in the Kyrgyz Republic both are ‘politically sensitive’ territories, but CGH have been there a long time and know the ‘politics’.  

Exploration drilling programmes for Tulkubash and Kyzyltash  are large targets and  started in May. It recently announced the completion of the Kyzyltash 2021 drilling programme  with the drilling intersected showing significant high grade gold intercepts within the current JORC compliant of 5.4m ounces at 3.8 g/t.  The drill core will be used to determine the appropriate processing route for the sulphide ore. Once funded, designed, and constructed, the asset will target approximately 300koz...

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