Chah AB -Placer Gold Project

Project info

Date: 2024
Category: Chah AB - Placer Gold Project
Address: Takhar Province Afghanistan

Chah Ab- Takhar Placer Gold PROJECT

Interduction

The Chah Ab District located in Takhar which is a treasure trove of natural resources, offering remarkable potential for mining ventures. Spanning 764 square kilometers and 63 villages, this district is strategically positioned within the watershed of the Ab-i Rustaq River, a tributary of the Amu River that borders Tajikistan. Its geographical advantages, coupled with a primary road network connecting to neighboring districts, pave the way for accessible and sustainable mining development.

Project Overview

The Chah Ab Placer Gold Project, contracted by Ashna Afghan Land Trading , Processing and Mining Company in collaboration with the Ministry of Mines and Petroleum, represents a major initiative in gold exploration and exploitation. Covering nearly 4 square kilometers, this large-scale project is focused on tapping into the rich gold deposits of the region.

The exploration and exploitation licenses have been issued by the Ministry of Mines and Petroleum, allowing the project to proceed.
Recruitment: A recruitment campaign has successfully hired additional employees, enhancing local employment opportunities and community involvement.
Ongoing Exploration :the exploration phase is currently underway, with several key activities being conducted.
Topographic Surveys: Detailed assessments of the terrain to understand the area’s landscape.
Geological Studies: Comprehensive geological mapping to identify potential mineral deposits.
Geophysical Studies: Initial assessments are being carried out to obtain data on the subsurface geology.
The placer gold extraction process is currently initiated, with a strategic plan set for a duration of four years.
The detailed exploration (Drilling by 1:5000) scale and extraction are in progress, revealing promising insights into the area’s mineral wealth.

Ashna Afghan Land Trdading,Processing and Mining Company so far has made a significant investment of 30millions USD, in the project to ensure its success and sustainability.

The Goal of the Project as follow:

1. Explore the determined area to identify valuable Placer Gold.
2. Begin the extraction phase upon approval of the extraction plan by the Ministry of Mines and Petroleum.
3. Create job opportunities for both professional and non-professional individuals in the local and regional areas.
4. Invest within the private sector of the country.
5. Prevent the outflow of capital from the country.
6. Encourage compatriots to invest within the country.
7. Utilize human resources effectively and promote creativity and environmental friendliness in the industry.

Conclusion and Next Steps:

> Preliminary geophysical studies have unveiled significant gold deposits, underscoring the project’s potential for substantial economic impact. To date, Ashna Afghan Land Trading,Processing and Mining Company has invested $30 million into the project, affirming its commitment to success and sustainability.
> Ashna Afghan Land Trading, Processing and Mining Company is planning to expand its surveys across a larger area to maximize the exploitation of the identified gold resources, aiming to contribute positively to the local and national economy.