Abyz study tabled

A prefeasibility study commissioned by Goldbelt Resources (GDB-V) estimates a capital cost of US$69.8 million to develop the Abyz copper-zinc deposit in Kazakhstan.

Minable reserves at the deposit are estimated at 9.1 million tonnes grading 3.57% zinc, 1.36% copper, 4.4 grams gold and 40.8 grams silver per tonne.

Under the plan envisaged in the report, the deposit would be mined by open pit for the first 2.5 years, and then begin production from underground.

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