Deccan Gold Mines Limited ("Deccan Gold") has announced that pre-commissioning trials have begun at our Altyn Tor Gold Project in Kyrgyzstan. Subject to weather conditions, trials will be done on a sequential basis over the next few months starting with the crushing, grinding, and gravity concentration circuits then followed by the leaching circuit.
The pre-production trials are a precursor to progressive commissioning of the process plant. During this period, we expect to process between 20,000 to 30,000 tonnes of ore with a grade slightly over 1.0 g/t Au.
Gold recovered during the pre-commissioning trials will be produced as a saleable concentrate or doré bars.
This marks an important milestone on the road to full-scale gold production at the mine site.
In other areas, the mining team have completed the targeted mined volume for the year and results from samples collected from the recent resource drilling programme are expected in the next few weeks. Forward looking statement
Deccan Gold Managing Director, Dr Hanuma Prasad Modali says of the milestone: "The pre-commissioning trials at Altyn Tor mark a defining step forward for Deccan Gold. The project's steady progress toward creating lasting value strengthens India's footprint in the global gold mining landscape. As the first Indian mining company in Kyrgyzstan, we remain focused on responsible growth, operational excellence, and building a model for cross-border collaboration that benefits both nations."
Shares of DECCAN GOLD MINES LTD. was last trading in BSE at Rs. 86.95 as compared to the previous close of Rs. 87.55. The total number of shares traded during the day was 847064 in over 4406 trades.
The stock hit an intraday high of Rs. 89.75 and intraday low of 85.75. The net turnover during the day was Rs. 74243307.00.