Resources round-up: Highland Gold, Rialto, Chaarat...

Highland Gold Mining has completed its acquistion of Klen, which holds the mining and exploration rights to the Klen gold deposit and the adjacent Verkhne-Krichalskaya property located in the Chukotka autonomous region in north-eastern Russia. The company is planning to mine the deposit by open pit method and will employ conventional gravity and cyanidation processing technology. The expected production should range from 50,000 - 60,000 oz of gold per annum with 300,000 - 400,000 tonnes of ore being processed each year, having an average head grade of 5.14g per tonne.

Highland Gold Mining has completed its acquistion of Klen, which holds the mining and exploration rights to the Klen gold deposit and the adjacent Verkhne-Krichalskaya property located in the Chukotka autonomous region in north-eastern Russia. The company is planning to mine the deposit by open pit method and will employ conventional gravity and cyanidation processing technology. The expected production should range from 50,000 - 60,000 oz of gold per annum with 300,000 - 400,000 tonnes of ore being processed each year, having an average head grade of 5.14g per tonne.

Rialto Energy has begun its drill stem-testing programme on the Gazelle-P3 ST2 well, Abidjan, Cte d'Ivoire, which will take around two weeks to complete. After completion of the drill stem testing Rialto intends to suspend the well to allow for future completion as a Gazelle Field production well.

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