Aksai

№ of lot

Name of object

Type of mineral resource

Type of subsoil use

Location of object

Geological summary

Starting price of object

1

Aksai area

Alluvial gold

Geological prospecting

At-Bashy district of Naryn region

"Aksay" area was opened in 1961 within geological survey of scale 1:200 000. There were single channels, 25 small prospect holes and heavy mineral concentrate sampling was conducted, the geological map with scale 1:10 000 was compiled in the same year. In 1968 the facility conducted a search operations with a total of 587м3 channels, 132.9 m of boreholes, and the washing of the samples was carried out. It has remained poorly investigated since no more other activities have been conducted in the field. Technological properties of gold are not analyzed yet. Expected resources of gold in the area were provided with the following evaluation.

Probable reserves щаgold by category P2 - 1410 kg.

100 000 (one hundred thousand)

USD

 

 

Auction will be held April 13, 2016 in the building of At-Bashy state administration building, Naryn 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 April 8, 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 “Conditions of auction for the right to use subsoil object for geological exploration works at 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.