Project info

Yangi-Qala Placer Gold PROJECT

Interduction

The Yangi Qala District, located in Takhar Province, Afghanistan, is an area rich in natural resources, presenting significant potential for mining activities. Covering an area of 247 square kilometers and encompassing 64 villages, the district lies within the watershed of the Ab-i Rustaq River, a tributary of the Amu-River, which separates Yangi Qala from Tajikistan. This geographical positioning, combined with a primary road connecting it to the neighboring districts, facilitates access and development opportunities for mining projects.

Project Overview

The Yangi Qala Placer Gold Project is contracted by Ashna Afghan Land Trading, Processing and Mining Company with the Ministry of Mines and Petroleum. The mentioned placer gold is a large-scale project covering nearly 3 square kilometers, focusing on the exploration and exploitation of gold deposits.

  • 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.

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.

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