Announcement of auction on Akbaltyrk gold deposit

The State Agency for Geology and Mineral Resources under the Government of the Kyrgyz Republic announces an auction for the right for subsoil usage on the following object:


№ of lot

Name of object

Type of mineral resource

Type of subsoil use

Location of object

Geological summary

Starting price of object




Akbaltyrk deposit






Ala-Buka district of Djalal-Abad region

The zone was indicated on result of search and survey works carried out by Akbaltyrgan group in 1963.

Akbaltyrkan zone is limited by two nearly parallel faults of northeast strike, which are cut by younger northwest faults.

The channel samples were selected from ancient mines in 1964. According to the assay of these samples the average content of gold in the mine is 4.0 g / t silver - 1.3 g / t; copper - up to 1.48% and mercury - to 0.06%. It is must be note that the high content of gold, silver and copper, and mercury were found in samples taken from their dense brown .limonite where observed malachite and azurite.

15,480 (fifteen thousand four hundred and eighty)

US dollars

Auction will be held on February 52016 in the building of Ala-Buka state administration building,Djalal-Abad region. Registration for the bidding starts from 11-00 to 11-50 hours. Start of the bidding in 12-00 hours.

All those who wish to participate in the auction should submit documents for participation in bidding from no later than February 1, 2016 to the  State Agency for Geology at: Bishkek city, Erkindik Ave., 2, office No.221. Detailed information on all required documents for participation in bidding is in “Conditionsof auction for the right to use subsoil object for geological exploration worksat the Akbaltyrgan area”.

For familiarization with the terms and conditions and other information regarding the bidding is possible on Agency website http://www.geology.kg, by phones: (+996 312) 909876 (on Russian), (+996 312) 909869 (in English) or by e-mail: geoinvestkg@gmail.com,  and also in Information Resources Department of the State Agency for Geology and Mineral Resources under the Government of the Kyrgyz Republic, office No. 311/2, every day from 9:00 to 18:00 o'clock.