Kryso is an emerging mineral exploration company that is principally focussed on exploring the gold and other precious metals deposits previously discovered in Central Asia during the Soviet Union era and then, where appropriate, bringing them into production.
Kryso, which has its head office in London, is a public company that was admitted to the AIM in December 2004 in order to continue funding the development of the Pakrut Gold Deposit, further explore the Pakrut Licence Area and to obtain and acquire other gold and base metal deposits in Tajikistan and elsewhere in Central Asia. The Group's executive directors and senior management are based in Dushanbe.

The Company's executive directors have a proven track record of operating in Tajikistan and they believe that Kryso Resources is the first foreign company to obtain a 100% interest in a mining and exploration project in the country.

From 1 April 2004, LLC Pakrut, a wholly owned subsidiary of the Company, was granted a licence and geological lease to explore and exploit the Pakrut Licence Area which comprises the Pakrut gold deposit and the surrounding 6,300 hectare exploration area located in the metalliferous southern Tien-Shan Fold Belt. This belt is reputed to have the second largest known gold resource after the Witwatersrand in South Africa.

The Group intends to conduct a feasibility study to assess whether the Pakrut gold deposit can be developed into a producing mine and also intends to explore the already identified mineral deposits and areas of mineralization in the Pakrut Licence Area.

A bad day for KYS now only 9.25 bid.

Minnow miners not doing well at all : KYS, VDM, VML....to mention just some : (.

VML as recoved from its low and as held its price these past 2 weeks

Maybe its investers moving into oil stocks.

AIM: KYS

Positive Drilling Report - Pakrut Gold Project

- Another exceptional intersection attained from Ore Zone 1 - 123.7m @ 6.14 g/t Au

- First hole into a new zone intersects mineralization

Kryso Resources plc, the mineral exploration and development Company with gold
and nickel-copper projects in Tajikistan, is pleased to announce that further
exceptional assay results have been received from diamond core drilling at its
100 per cent owned Pakrut gold project. The assays were carried out by an
internationally accredited laboratory in South Africa.

Highlights of drilling in Ore Zone 1 include an intersection of

123.7m @ 6.14g/t Au (including 86m @ 8.48g/t).

This result, from drilling between 100-200m below the existing adit level,
further supports the interpreted trend of the mineralization, which is still
open at depth and to the east and north. The results from this drill hole
demonstrate that the grade and width of the resource is increasing with depth.
These results announced today will be used to update the existing 1.05Moz
JORC-compliant resource later this year.

In addition, a new zone (Ore Zone 7) to the south-east of Ore Zone 1 has been
identified with the completion of the first drill hole at this location.
Further drilling from surface will test the extent of this new zone over the
coming months.

Kryso has now successfully completed the geotechnical drilling programme
designed to test the proposed open pit and tailings dam. The Company's drill
rigs will now be utilised to test the deeper extensions of the Pakrut
mineralisation and these results will be announced over the coming months.

Kryso Resources' Managing Director, Vassilios Carellas comments:

"This is an outstanding intersection that suggests that the Pakrut ore body now
has a width of approximately 70m at this location. `I am very excited by these
results which demonstrate that the grades and widths of the Pakrut resource are
increasing at depth which bodes well for bulk tonnage mining potential. The
current drilling programme will now test the extent of this mineralization at
depth and to the east. This is an exciting phase for Kryso as we continue to
add significant value to the Pakrut project."

All exploration results have been approved for release by Dr Trevor Davenport
B.Sc, M.Sc, Ph.D, MIMM, C.Eng, Chairman of Kryso Resources plc. Trevor has more
than 35 years experience in the mining industry and has consented to the
inclusion of the material in the form and context in which it appears.

At long last some good news (see RNS and AFX) from my battered portfolio (so much that you could sell it in a fish and chips shop)....makes a change !.

Where is the volume to justify a 7.5% increase in the sp?

THis article explains the increase in SP, click HERE

This will be a future mine.....so many other projects never come to fruition !.

new resource count!

For the news, click HERE

Any views on whether todays rise may be linked to Pakrut financing as indicated in the previous update? Or with parity buy/sells simply a tree shake to stimulate some interest? The next few days could be very interesting...

KYS is another EK/TW punt be careful unless you are knowledgeable about Tajikistan.

Bought back into these again this morning, the trend is upward. As long as they can get the funding they should reach Simon Cawkwell's value of 30 to 40 pence.

http://www.minesite.com/nc/minews/singlenews/article/krysos-feasibility-study-on-the-two-million-ounce-pakrut-property-is-nearly-finished-next-stop-fin/1.html

Perking up at long last....3 million ounces at least in the ground...perhaps even as much as 4.....and a market cap of only 15 million pounds.....

rf careful this is another EK favourite.

I've sat through the bad years with this one....and coming good at long last...

gold reserves of close to 180p or about 1300% of current price. Might have a nibble tomorrow as these are on a chart breakout if they can put on another 2.5p

Bit of a price breakout yesterday, 14p offer price this morning.

noticed that roly ,,,still in ...lupus flew on results. Spent 3 months on 67/69 bid offer irrespective of trades . Now 80p . Have e-mailed you twice ....are u receiving on yahoo ...or dont u recognise my real name ?

Yes Jamie, if its still J.D.B.

Am on AOL.com , my wife as taken over my Yahoo messenger account , have to sort it out.

got loads of photos to show you.