s development of the small Raigorodok deposit 200 km from Astana.
However, Sisdikov also noted that at Raigorodok, the rate of extraction using direct cyanidation at the deposit is close to 90%.
Orion Minerals owns the rights for subsoil use at the Raigorodok
and Komarovskoye fields, whose estimated combined reserves are around 70 tonnes.
The 1997 exploration program calls for 36,900 meters of drilling with a focus on expanding tonnage on two prospects - Raigorodok and Ashiktas -- and a continuing evaluation of the recently discovered Ortasay prospect.
As previously reported, past Soviet data at Raigorodok estimated a minimum two million ounce resource, however CAGC results ran about ten percent higher prompting the Company to extend its drill program throughout the winter.
In other news, Winter drilling programs are underway on CAGC's Raigorodok
and Ashiktas prospects where step-out drilling is testing the strike and depth extensions of previously encouraging results.
In other news, drilling has begun on CAGC's Raigorodok
prospect in North-Central Kazakstan.
The latest drill results from Central Asia Goldfield's Raigorodok North gold prospect run about ten percent higher than previous Soviet results which estimated at least a two million ounce resource.
Finally, the Company expects to begin drilling within the next few weeks on the Novodneprovskoe prospect located immediately north of the Raigorodok prospect.
A) -- Central Asia Goldfields Corporation Toronto reports encouraging results from the initial phase of its drilling program on the 60 percent owned Raigorodok
North gold prospect located in north central kazakstan.