Auriant Mining increased gold mining by 78% in Q1

​Auriant Mining (Sweden) develops gold deposits in Russia. On the results of Q1 2016 gold mining increased by 77.7% against Q1 2015 to 143.2 kg (4.604 thousand ounces).

The gold mining gravitation plant Tardan produced 48 kg of gold (1.531 thousand ounces) against 15 kg (472 ounces) in Jan-March 2015.

In Q1 2016 gold content in ore at the Tardan deposit rose by 148% and made up 5.19 g/ton. The volume of ore placing at the heap leaching site rose by 75%.

Auriant Mining AB is a gold mining company from Sweden that focuses on geological exploration and gold mining in Russia. The company’s projects are located in the trans-Baikal region and the republics of Khakasiya and Tyva. The company’s portfolio of assets comprises 4 projects, including one gold mining enterprise (Tardan), one exploration asset at the early stage of development and 2 exploratory geological exploration sites.