Karabulak
The 818 km2 Karabulak exploration licence is located 200km west-southwest of the city of Osh, adjoining the Karavhsin licence.

A 2.5-km long, +100ppb high tenor soil anomaly that is up to 500m wide at its core has been delineated at Karabulak. This relatively large anomaly will be the subject of detailed confirmation and infill sampling.
An extensive geophysics program has been completed at Nurlau in preparation for drilling in 2012, while drill pads are being prepared at Tashbulak for a 550m program. Nurlau is located approximately 150km east of Shambesai.
Karavshin
The 952 km2 Karavshin exploration licence area lies immediately east of the Karabulak licence and about 6km southwest of Batken. This project also has had limited exploration to date, consisting of a reconnaissance stream sediment sampling program. Future exploration will include further reconnaissance work.