Chaarat Gold says Tulkubash project is on track

Chaarat Gold Holdings shares climbed Monday after the miner announced an increase in gold resources and a positive update on its Tulkubash project in Kyrgyz Republic.

Chaarat Gold Holdings shares climbed Monday after the miner announced an increase in gold resources and a positive update on its Tulkubash project in Kyrgyz Republic.

Chief Executive Officer Dekel Golan said the Tulkubash project remains on track to begin production in the second half of this year using heap leaching which is expected to reduce capital costs and power requirements.

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