From the last quarterly
Chanach Project – Kyrgyz Republic
• RTG holds a majority stake (90%) in the high-grade Chanach Gold and Copper Project (“Chanach Project” in the Kyrgyz Republic.
• Chanach demonstrates clear potential to host both a high-grade, large Copper – Gold Porphyry Skarn system, combined with a high-grade epithermal gold system.
• Field work was finalised during the Quarter due to the onset of winter weather. The final 2 of the planned 7 trenches were dug and assayed along with an extra 4 trenches being dug and assayed in the skarn above the “Copper Intrusion Area”.
• Processing of the Magnetic Data and Geochemical sampling continued with initial results released. Final interpretation by Southern Geoscience Consultants of the Magnetic Data is expected in the March Quarter.
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-27
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