(via NewsDirect)
Tulkubash, an open-pit project expected to produce approximately 95,000 ounces of gold annually, is nearing operational readiness. The project requires 18 months to build, with a recently completed EPC contract and is awaiting final financing.
Additionally, Mackenzie highlighted the potential of the nearby Kyzyltash project, an underground venture poised to yield 350,000 ounces annually. This project, slated for a feasibility study refresh in 2025, promises to substantially enhance the company's gold production capacity.
Mackenzie also discussed the strategic importance of the
He said the company is focused on completing project financing in Q1 2024 and initiating the EPC with Power China in Q2 2024. The company anticipates first gold production by Q4 2025.
Contact Details
+44 20 7989 0813
uk@proactiveinvestors.com
Copyright (c) 2024 TheNewswire - All rights reserved.
Copyright (c) 2024 TheNewswire - All rights reserved., source