Presentation

Chaarat Gold Holdings Limited is an AIM-listed and London based gold mining company founded in 2007 with the initial goal of exploring and developing a gold project within the Tien Shan Gold Belt, in the North West of the Kyrgyz Republic. The Company has two high quality development assets in the Kyrgyz Republic, the Tulkubash oxide deposit and the Kyzyltash sulphide deposit.

To complement its assets in the Kyrgyz Republic, Chaarat completed the purchase of the Kapan Mine and processing company from Polymetal in early 2019. Located in southern Armenia, Kapan has been producing copper and zinc concentrate from its underground mine since 2003. It is currently expected to produce in excess of 50k ounces of gold per year over the next decade at approximately USD 1,000/oz all-in-sustaining cash costs that generates USD 20-25m in EBITDA.

Headquartered in London, Chaarat has more than 1,000 employees located in the UK, US, Russia, Kyrgyzstan and Armenia and is now actively pursuing a disciplined growth agenda through organic growth and selective M&A, while looking to begin construction at the Tulkabash asset in H1 2021.