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19 AUGUST 2005  

Up to 8 thou oz of gold a month are expected at Suzdalsoe deposit

Alel Finance and investment Corporation owned by Irish Celtic Resources Holdings Plc. Intends to increase gold mining at Suzdalskoe deposit up to 8 thou oz a month. Such a result is expected by the end of 2005. According to the plans of the company, in August 3.905 thou tr oz of gold will be produced, in September – 4.641 thou tr oz, in October – 6.297 thou tr oz. In July the volume of gold mined at the deposit amounted to 2.636 thou tr oz.



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