“Mangazeya Zoloto” is about to double gold resources to 55 tons in 2016

“Mangazeya Zoloto”(part of “Mangazeya”) plans to increase commercial resources of gold at its deposits in Transbaikal two times, up to 55 tons, based on the results of geological exploration in 2016.

“In 2016, “Mangazeya Zoloto” maps out to increase the volume of exploration significantly and invest over 300 million roubles. Following the results of the next season, we plan to increase reserves of C2 category by more than 20 tons. It will increase the company’s balance gold reserves by almost 2 times,” the head of a group of companies “Mangazeya” S.Yanchukov said.