BASS Gold announces making first Doré alloy bars at new gold recovery plant

17.05.24 17:35
/KASE, May 17, 2024/ – BASS Gold LLP (Ulytau region), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated May 17, 2024: quote BASS Gold LLP (hereinafter – the Partnership) reports that the first batch of finished products in the form of Doré alloy ingots has been produced at the new gold recovery plant at the Ushshoqy deposit. The total physical weight of the items produced was 5 kg. The gold and silver content in the alloy was 40% and 60%, respectively. In accordance with the agreement concluded with Tau-Ken Altyn LLP, the ingots produced at the gold recovery plant were delivered to the enterprise's refinery. The Partnership plans to produce 20 kg of finished products monthly, or about 250 kg per year, when the factory reaches full production capacity. The sale of finished products in the form of Doré alloy bars with a high gold content meets the Partnership's strategy to increase the added value of manufactured products and increase the investment attractiveness of the enterprise. unquote The complete press release is available on – https://kase.kz/files/emitters/FPST/fpst_relizs_170524_20.pdf [2024-05-17]