Kentor Gold ready to move forward with Andash gold, copper project in Kyrgyz Republic

Kentor Gold (ASX: KGL) is anticipating a move towards the development of its Andash gold-copper project in the Kyrgyz Republic with the potential granting of a social licence to be considered at a Kurulti, a traditional decision making meeting.

A general meeting was held in the village located near the Andash project, Kopurer Bazaar, in December which was attended by the council of elders, the women’s committee, the youth committee, the initiative group that support the development of Andash, members of the supervisory committee and other villagers.

The unanimous outcome of the meeting was that a formal Kurulti will be held regarding the development of the Andash project, with the consideration of a granting of a social licence one of the things on the agenda.

Managing director Simon Milroy said, “It is pleasing to see some formal recognition of the work Kentor has been undertaking in the community and we anticipate moving the Andash project forward with a full social licence in the new year.”

Andash is targeted to produce 70,000 gold ounces and 7,400 tonnes of copper annually for an initial six years, with high potential for expansion.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/23838/kentor-gold-ready-to-move-forward-with-andash-gold-copper-project-in-kyrgyz-republic-23838.html