In This Article:
LONDON, April 25, 2025--(BUSINESS WIRE)--
AltynGold Plc
("AltynGold" or the "Company")
Launch New Website
London, April 25th 2025 - AltynGold is pleased to announce that following a period of consultation and redesign the Company is to launch an updated website to enhance user experience, and to reflect the growth and evolution of the company since the launch of the current website in 2021. The new website will be accessible on www.altyngold.uk from April 25th, 2025.
The new site features a refreshed design, improved navigation, and enhanced functionality, to allow interested parties to quickly access information on the Company.
Further Information:
For further information please contact:
AltynGold Plc
Rajinder Basra
+44 (0) 203 432 3198
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.
Information on the Company
AltynGold’s main assets are its 100% interest in the Sekisovskoye gold mine and its exploration site at Teren-Sai.
Both mine sites are based in north east Kazakhstan. In the most recent CPR in 2019 the Sekisovskoye site has proved reserves of 3.47Moz and probable reserves of 0.33Moz. In 2024, the Company sold 38,708oz increasing from the prior year of 32,765oz, production and profits have been increasing in line with the budgeted plan for the mine, and is targeted to be significantly higher in 2025 with the addition of the third line of processing. The mining licence for Sekisovskoye is valid until 17 July 2029, and the exploration licence for Teren-Sai until March 2026.
The Teren Sai Project is made up of a number of exploration targets in an area adjacent to the Sekisovskoye mine site. The Company is currently concentrating on the exploration site designated as Area 2, with a view to preparing this site for production during 2025. This will involve agreement of the production plan with the authorities prior to commencement of site preparation, with the initial extraction of gold being from open pit. At Teren-Sai the proved reserves amount to 0.8moz and probable reserves of 0.65moz. of the annual report.
AltynGold Plc (LSE:ALTN) is an exploration and development company, which is listed on the Main Market segment of the London Stock Exchange.
To read more about AltynGold Plc please visit our website www.altyngold.uk
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