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24 NOVEMBER 2005  

OJSC Zabaikalgeolograzvedka will exploit Belaya Gora gold deposit

Belaya Gora gold deposit located in Khabarovsk krai was sold at the auction. The list of the participants of the auction included CJSC Mnogovershinnoe (subsidiary of Highland Gold Mining Ltd - HGM), OJSC Zabaikalgeolograzvedka (afilated with HGM) and Barrick Resources (100% belong to Barrick Gold).

OJSC Zabaikalgeolograzvedka became the winner of the auction.



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