Euroart LLC
Prospective site «Anikhovsky graben».
Purpose of activities:
Identification of the occurrences the gold ore mineralization and assessment of commercial value of the identified occurrences with calculation of C2 category reserves and P1 category forecasted resources
Anticipated results:
Assessment of the potential of the site for presence of vein-dessiminated gold ore, estimation of the reserves in C2 category and forecasted reserves in P1 category for the positively assessed occurrences.
Euroart LLC holds a license for geological survey, search and assessment of gold ore sites within the prospective field
«Anikovsky graben»
located at the East of Orenburg region in the Kumaksky gold bearing district.
Three potential first order sites have been identified so far – Bostibaisky (in the middle of the field), West Kumansky (at the Southeast) and East Kokpetinsky.
In 2008 Euroart LLC acquired a license for geological survey, search and assessment of gold ore sites within the prospective field «Anikovsky graben» . It is located at the East of Orenburg region in the Kumaksky gold bearing district and consists of 10 separate license sites (1-10) with the total area of 336.4 square kilometers. The survey and assessment activities are expected to result in justification of reserves and forecasted resources of gold in the amount of at least 30 tons in the С2+Р1 categories.
Geological survey schedule has been presently developed.
