Proactiveinvestors Australia

PROJECT SUMMARY:

Andash

Geothermal Energy

Akbel / Bashkol

Kyrgyz Republic

Kentor Gold’s priority is the development of the high grade, low cost Andash Gold-Copper Project in the Kyrgyz Republic, and the Company strives to become a mid-tier gold producer. 

Initial production of 70,000 oz gold and 7.400 tonnes copper in a single concentrate is targeted to commence early in 2012.  Assessments of high grade gold prospects surrounding Andash point to the potential to increase production and extend mine life. 

Kentor Gold is focussed on Andash and a small group of other gold and geothermal energy assets in the Kyrgyz Republic. One of the world’s largest gold provinces runs through the Kyrgyz Republic where the Company has been entrenching its presence over recent years. 

Further exploration is being planned for the Bashkol gold prospect and is being considered for Kurgan. 

KENTOR GOLD TENEMENT LOCATION

Chairman, Non-Executive: John Barr AM, MAICD

John Barr has had a long involvement with the Australian minerals and metals industry having been Managing Director of Metallgesellschaft’s Australian subsidiary since the company’s inception in 1974 until his retirement in 1994. He is a Director of Iluka Resources Limited and a former Director of Acacia Resources Ltd, Oxiana Limited, and Transurban City Link Ltd. In August 2005 he retired as Chairman of Utilities of Australia Pty Ltd, a major unlisted infrastructure investment fund.

Managing Director: Simon Milroy

Simon Milroy is a mining engineer with twenty years experience across a diverse range of metals. He has spent the last seven years working in South East Asia on mining development projects. His most recent experience has been with Kingsgate in Thailand and with Pan Australian Resources in Laos. Simon is a member of the Australian Institute of Mining and Metallurgy.

Executive Director, Country Manager and General Director – CJSC Kentor: Hugh McKinnon B.Eng. (Mining)

Hugh McKinnon has been involved in the mining industry in Australia, Africa, and Asia for 30 years in activities ranging from exploration ventures to mine production. Since early 1996 he has worked on mining and exploration projects across Central Asia from Tajikistan to Mongolia, with a particular interest in the Kyrgyz Republic. Hugh speaks competent Russian.

Director, Non-executive: Andrew Daley BSc (Hons) (Mining)

Andrew Daley is a mining engineer and resources finance executive. Andrew spent several years working on mining projects in Africa before relocating to Australia as Senior Engineer with Fluor Australia in 1981. Since then he has had a long career in international investment banking and held senior positions with NAB, Barclays, and Chase Manhattan. He is a Chartered Engineer, a former Director of Oxiana Limited, a Director of Pan Australian Resources Limited, Dragon Mining NL, a Member of IOM3 and a Fellow of the Australasian Institute of Mining and Metallurgy.

Director, Non-executive: John Taylor B. Eng (Chemical); MBA

Director, Non Executive (John Taylor is currently the MD of Outotec Australasia)

No info available.