Exploration project

The Uryakh-Bakhtarnak project includes the Uryakh, Chelolek deposits and the Bakhtarnak prospective area located on the border between the Zabaikalsky and the Irkutsk regions in Russia.

Uryakh is a prospect with sizeable, high-grade resource potential, and it has various types of mineralisation.

As at 31 December 2020, Uryakh’s resources amounted to measured and indicated mineral resources of approximately 1.93 Moz of gold and inferred mineral resources of approximately 0.29 Moz of gold.

2017 study of mining options considered a combined underground and open pit at Uryakh would be viable. Based on that assessment, a drilling programme was completed in 2017 that encountered additional gold intersections. In 2018, SRK completed a scoping study, following which the Company conducted exploration and infill drilling at the project in 2018-2019.

In 2021, Uryakh won an auction for the nearby Bakhtarnak area, which covers over 94 square killometres.

Nordgold continues exploration programme at the Uryakh, Chelolek and Bakhtarnak licenses.


Corporate Communications
Procurement Department