Pre-commissioning trials start at Altyn Tor Gold Project of our subsidiary company viz., Avelum Partner LLC, Kyrgyzstan ("Avelum")
DECNGOLD · price
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Deccan Gold Mines announced that pre-commissioning trials have started at the Altyn Tor Gold Project in Kyrgyzstan, operated through its subsidiary Avelum Partner LLC. Over the next few months, the company will sequentially test crushing, grinding, gravity concentration, and leaching circuits. During these trials, it plans to process 20,000–30,000 tonnes of ore grading slightly above 1.0 g/t gold, with recovered gold produced as saleable concentrate or doré bars. The mining team has already completed its targeted mined volume for the year, and resource drilling results are expected in the coming weeks. This marks a key milestone toward full-scale gold production, making Deccan Gold the first Indian mining company operating in Kyrgyzstan.
Positive for shareholders — this moves the company closer to actual gold production and potential revenue generation, though trial results and commissioning outcomes over the next few months will be key to watch.