Aim-quoted Chaarat has updated the feasibility study for its majority-owned Tulkubash oxide gold project, in Kyrgyzstan, following a 39% increase in reserve to 22.2-million tonnes for 358 000 oz of gold.
The updated study estimates that Tulkubash would produce an average of 94 000 oz/y of gold at an average cash operating cost of $678/oz and an all-in sustaining cost of $819/oz.