BISHKEK, Kyrgyzstan, September 11. Kumtor Gold Company in Kyrgyzstan plans to commence the development of the Togolok gold deposit in the Jeti-Oguz district of the Issyk-Kul region in 2024, Trend reports.
Additionally, geological exploration is planned for the Jangart area, which is located in the same district.
The company's staff have already been sent to the location. It is planned to conduct on-site assessments of the condition of the road infrastructure and an adit that was shut down in 1982, perform topographical surveys, field measurements, in order to further plan construction and other related work.
The Togolok deposit covers an area of 42.2 hectares. Approximate known reserves amount to 8.124 million tons of ore, which contain 17,367 kilograms of gold, with an average gold content in the ore of 2.1 grams per ton.
According to the State Statistical Committee of Kyrgyzstan, Kyrgyzstan exported 4.819 tons of gold for a total of $302.793 million from January through June 2023. In the previous year, during the same period, only 64.4 kilograms of gold were exported, valued at $609,000.
