Altyn Tor Gold Project, Kyrgyzstan-Update.
DECNGOLD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Deccan Gold has shared a detailed progress update on its Altyn Tor Gold Project in Kyrgyzstan, where it has invested through Avelum Partners. The process plant is being built: 11 conveyors are commissioned, jaw and cone crushers have passed trial runs, and ball mill installation is targeted for late August to early September 2025. Commercial gold production from the gravity circuit is aimed for mid-to-late October 2025, with full leaching and elution systems to follow by November. Supporting infrastructure — a new 2500 kVA diesel generator, high-tension powerlines (target Nov-Dec), and a tailings storage facility (dam excavation due October) — are progressing in parallel. On the mining side, around 30,000 m³ of waste has been stripped with a target of 100,000 m³ in the next 2-3 months. Drilling is 80% complete (2,000m of 2,500m) and visible gold has been logged in core, suggesting the orebody may be larger than earlier estimates of 180 koz at 1.21 g/t Au. Management has flagged that an early winter from mid-November could affect timelines and is putting contingency plans in place.
Steady progress toward first gold production in October 2025 is a positive catalyst for the stock, and visible gold in drilling hints at a possible future resource upgrade that could extend mine life. However, weather-related delays in Kyrgyzstan remain a near-term risk that could push back commissioning or ramp-up.