Savoyardy
The 84 km2 Savoyardy exploration licence is situated in the south of the Kyrgyz Republic on the border with China.
During 2008-2009 our previous joint venture partner Kentor Gold Limited completed a number of drill programs, calculated a Mineral Resource, metallurgical test work and then proceeded with pre-development work at the Savoyardy project with a view to a development decision being taken late in 2009.
A maiden resource was completed by Kentor at the Rudny area of Savoyardy.
|
Cut Off Grade
g/t |
Tonnes
|
Gold Grade
g/t |
Gold
Ounces |
|
0
|
380,000
|
3.55
|
43,000
|
|
1
|
260,000
|
4.91
|
41,500
|
|
2
|
200,000
|
5.94
|
38,500
|
|
3
|
160,000
|
6.76
|
35,500
|
|
4
|
140,000
|
7.41
|
32,500
|
|
5
|
110,000
|
8.21
|
28,500
|
A pre-feasibility study, aimed at bringing the Savoyardy project into production at a rate of 10,000 ounces per annum for three years was completed and returned economics of a US$1.2M capital cost and operating costs of approximately US$370 per ounce.
Manas is now awaiting approval to commence a 700m drill program at Savoyardy.
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