exploration & operations
Operations

From inception the strategic plan has been to mine out the low grade oxide ore first and then move on to the highly profitable underground high grade sulphidic ore at Centralny and Severny. The existing Centralny open pit oxide reserves are now exhausted and Asaukak oxides are close to being mined out. Production is still scheduled from the Vysokovoltnoye silver-gold heap leach deposit. It is also planned to construct new heap leach pads to produce gold from the numerous satellite oxide deposits on the mining lease. It is also planned to deepen existing Centralny pit to extract sulphide ore until the underground` ore becomes available in 2010.