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Ryabinovoye LLC initiated exploration of Ryabinovoye deposit.

13 february 2011

In accordance with the recommendations of the State Reserves Commitee obtained from the results of examination of technical justification for the exploration standards, Ryabinovoye LLC initiated further exploration at the deposit. Currently, work is carried out by two core drilling with the involvement of the contractor Neryungristroyizyskaniya LLC to clarify the contours of the quarry and revise the estimation of reserves. Additional exploration is planned to be complete and reported to the SRC by June, 2011.

Other news

Seligdar group releases its preliminary operating results for the year 2010.

Ryabinovoye LLC initiated exploration of Ryabinovoye deposit.

Seligdar Gold OJSC has finished calculation of reserves of Mezhsopochnoye deposit flanks.