Media

Polymetallic Holding Seligdar (hereinafter referred to as Seligdar; MOEX: SELG) has completed exploration and evaluation work on one of its promising projects - the Chulkovskaya area gold ore deposit, located in the Aldan district of the Republic of Sakha (Yakutia). This fieldwork was carried out in collaboration with Yakutskgeologiya JSC, a subsidiary of RosGeo.

Currently, a pre-feasibility study and calculations of gold reserves are being prepared to be submitted to the State Commission on Reserves of the Federal Agency for Subsoil Use (Rosnedra).

According to preliminary estimates by the Holding Group's experts, the Chulkovskaya area deposit has a favorable ore bodies’ morphology for ore mining, with good technological properties for cyanide leaching extraction. Additionally, there is potential for increasing reserves within the license area. The expected increase in metal reserves may reach 5-6 tonnes of gold and 8-10 tonnes of silver.

This work on the Chulkovskaya area allotment is an example of strategic cooperation between Seligdar PJSC and Rosgeologia JSC. Similar projects are being carried out in Yakutia, such as on the Khokhoy ore field and the Khatirkhay deposits in the Aldan district, as well as joint exploration activities for the Kuryinskaya area project in the Altai region.