Dalnedra has cancelled the auction for placer gold at Tengkelyakh Stream deposit

​Dalnedra has cancelled the auction for exploration and gold extraction at the Tengkelyakh Stream deposit in the Magadan region appointed for June 23rd.

The reason is not mentioned.

The applicants will be returned advance payments and fee for participation in the auction.

The area of the Tengkelyakh Stream deposit is 12.2 sq km. The C1 balance reserves of placer gold make up 369 kg, forecast P1 resources – 470 kg. The license is issued for 15 years. The start-up payment is 4.3 mln roubles.

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