trading halt - negotiations with tks samruk, page-11

Full translated article from the first one above is pasted below.

Pardon me if I'm reading this incorrectly, but it seems TKS seems to be asking for offers for JV, like the GTE JV does not exist.





Informational message about finding potential partners on the development of Spassko copper zone in the Karaganda region




In accordance with the legislative procedures of the Republic of Kazakhstan subsoil use right granted to the society for the exploration of copper, gold and associated components the Spassky copper zone in Karaganda region. Currently the registration contract is in its final stage. In this regard, the society produces the search and selection of a strategic partner (partner) to jointly develop the above-mentioned field.



Administrative and Spasskaya mednorudnaâ zone is located in the Karaganda region, the total area of which is 12584.11 km2Saviour mednorudnaâ. area consists of 10 ore, within which are about 150 ore formations and mineralization, as well as eight fields.

In General, common prognostic resources of copper copper zone are evaluated by the Savior category C2, P1 and P2 in the amount of 1974.8 thousand tons, including Burnakskomu ore site-400 thousand tons, Koktas-Šaryktinskomu ore site – 290 thousand tons, on the Spassky in 1972 – 60 thousand tons, Kyzylšoky-Koktal'skomu (pyramid Gornova, Chile-Uzek) 256.0 thousand tons, 290.0-Altyntobinskomu thousand tons, Hadžikongan-Nurkazganskomu-353.0 thousand tons, Šajtandinskomu-170.8. and Koktas-Žartasskomu-155.0 thousand tons.

In addition, it is expected to identify èpitermal'nogo gold-silver deposit, evaluation of prognostic resources of category P3 10-15 tons of gold and silver 100-150 tons.

In case of your interest in collaboration with the society for the realization of the investment project on Spassky copper zone, ask in the period up to December 1, 2012, to send information of interest with the obligatory indication of the following:

The proposed distribution of the partner and the community in the joint venture;

Sources of project financing (Society/partner/other sources);

Reimbursement of society related to subsoil use right and passing it in the share capital of the joint venture (if such compensation is provided for);

Strategic partner payment bonus (deferred payment) in favor of society (in the case if such payments are provided);

The proposed technology exploration/mining of deposits;

Other offers for potential advantage partner.

However, the provision of information on the activities of a partner in the form of presentations and/or business plan, demonstrating expertise, knowledge and capabilities of the partner, are an added advantage.
If you have any questions, please contact the Department of investment projects of JSC "Tau-Ken Samruk", contact person-Marzhan Dukenova, Tel.: + +7 95 55 24 7172, e-mail: [email protected]