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JULY 30, 2001  


Competition for License to Develop Gold Gravel Deposit Announced in Altaisky Krai

Local authorities and Natural Resouces Committee announced the competition to conduct geological survey and mine gold at gravel deposit of Bystraya river. This deposit is located in Soloneshensky region, hard to access territory and fall into small reserve gold group. Estimated profitability is 85kg of gold in the hollow of 10km.
Competition winner is submit to the committee the terms of works, annual output volume, recultivation of waste territories, participation in accomplishing social and economic task of the region. Reputation and credibility of the participants will count hardly.
Application forms are to be submitted by August 13. Competition winners will be announced at the meeting of the committee on October 25, 2001.

AMITEL Information Service
V.L.Sokolin

Source: Regions.ru
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