CAPITAL MARKETS

Eureka considers Kazak mine

AIM-listed explorer Eureka Mining has entered into a four-month option agreement with Gold Land LLP to wholly acquire the Nova Dnieprovka gold mine in northern central Kazakhstan, which was mothballed by its owners in 2002 because of a lack of working capital.

Sarah Belfield Belfield

Eureka considers Kazak mine

Nova has C1 and C2 mineable reserves of 190,000 tonnes grading 11.7 grams per tonne gold for 2.2t contained tonnes (approximately 70,000 ounces), and P1 resources containing 25 tonnes of gold (approximately...

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