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19 JUNE 2006  

CJSC Vasilyevskiy Pit plans to get the licence for Archangelskoe deposit

CJSC Vasilyevskiy Pit plans to get the licence for Archangelskoe deposit – this information was provided by Vladimir Preis – a co-owner of the company.

The resources of the deposit amount to 3-5 tons of gold. The deposit is located near Vasilyevskaya Mining Plant – so the company could start deposit exploitation in a couple of months. However, the process of licence obtaining is quite time-consuming.



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