Highland Gold Mining Ltd. Announces that it has won the auction for Taseevskoe gold deposit sale (Chita region). It will pay $25.5 mln for the right to explore the deposit and to mine gold there for at least 20 years. This information has been provided by Finmarket.

According to the licence agreement, Highland Gold is to start mining plant building in 50 months after the licence registration. The cost of the project is being estimated.