Taldybulak Exploration Licence, Kyrgyzstan
Overview
The Taldybulak licence is the main focus of exploration activity within the Taldybulak-Talas licence which covers an area of 43km2.
The Kentash licence is situated immediately east of Taldybulak and covers an area of 42km2.
The Korgontash licence which covers an area of 66km2 is located approximately 25km east of Taldybulak.
The Barkol licence is the westernmost licence, located immediately west of Taldybulak and covers an area of 223km2.
The Tien Shan region, in which the Taldybulak-Talas exploration area is located, includes deposits such as Andash (1Moz), Aktash, Jerooy (2.5Moz), Taldybulak Levoberezhny (3Moz), and Centerra’s world-class Kumtor deposit (17Moz).
Licence Information
The Talas exploration area comprises core assets of the Company in Kyrgyzstan including the Taldybulak, Kentash, Barkol and Korgontash licences. The primary exploration property is the Taldybulak copper-gold porphyry prospect.
| Licence Areas | Area (Km2) | Date Granted | Expiry Date |
| Barkol | 223 | 16 March 2007 | 31 December 2010 |
| Taldybulak | 42 | 14 February 2005 | 31 December 2010 |
| Kentash | 46 | 14 February 2005 | 31 December 2009 |
| Korgontash | 66 | 30 March 2005 | 31 December 2009 |
For avoidance of confusion;
- The Taldybulak copper-gold porphyry prospect within the Taldybulak exploration licence area is a separate asset from the Taldybulak Levoberezhny gold deposit previously owned by Central Asia Gold Limited, and
- The Talas Copper Gold Limited Liability Company, the holder of the Lero’s Taldybulak licence, is a separate company from Talas Gold Mining Company, which was the owner of the Jerooy Gold Project.