Kengir & Altyn-Tas Gold Asset Cluster (GKZ)

• Total Gold Resources: 27.56 Tonnes (27,561 kg total potential).
• Asset Valuation: In-situ value over $4.5 Billion (GKZ State Commission).
• CAPEX Required: $21,000,000 (divided across development phases).
• Life-of-Mine Revenue: Projected Gross Revenue over $1.81 Billion.

📍 The Deposits

The project consists of two primary license

⚙️ Production Strategy

The project utilizes a two-phase operation to optimize cash flow:

• Phase 1: Execute open-pit mining and sell raw ore directly to the nearby operational Akbakai processing facility for immediate revenue.
• Phase 2: Use Phase 1 revenue to fund construction of a dedicated, on-site flotation and tank leaching plant.

Total Gold Resources27.56 Tonnes (27,561 kg of gold total potential)

GKZ State Commission & Author Categories In Situ Asset ValueOver $4.5 Billion

Project Resource Valuation Total CAPEX Required$21,000,000 (Divided across project development phases)Financial Model Schedule

The Deposits: The project consists of two primary license areas: the Kengir deposit (9.8 tonnes explored to 340m depth) and the Altyn-Tas deposit (5.2 tonnes C1+C2 explored).

Production Strategy: It is designed as a highly lucrative two-phase operation. Phase 1 involves open-pit mining and selling the raw ore directly to the nearby operational Akbakai processing facility to generate immediate cash flow. Phase 2 uses that momentum to fund the construction of a dedicated, on-site flotation and tank leaching plant.

Financial Upside: With a relatively low initial investment of $21 million, the financial model projects a massive Gross Revenue of over $1.81 Billion over the mine’s life cycle.