aldwickk
- 20 Dec 2006 20:25
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.
aldwickk
- 07 Jul 2008 08:02
- 91 of 171
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.
required field
- 09 Sep 2008 12:52
- 92 of 171
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 !.
halifax
- 09 Sep 2008 13:03
- 93 of 171
Where is the volume to justify a 7.5% increase in the sp?
Andy
- 09 Sep 2008 15:47
- 94 of 171
required field
- 09 Sep 2008 22:07
- 95 of 171
This will be a future mine.....so many other projects never come to fruition !.
Andy
- 22 Dec 2008 12:19
- 96 of 171
tau
- 08 Jan 2009 14:22
- 97 of 171
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...
halifax
- 08 Jan 2009 16:15
- 98 of 171
KYS is another EK/TW punt be careful unless you are knowledgeable about Tajikistan.
aldwickk
- 15 Oct 2009 15:23
- 99 of 171
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.
aldwickk
- 22 Oct 2009 18:07
- 100 of 171
required field
- 01 Dec 2009 12:22
- 101 of 171
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.....
halifax
- 01 Dec 2009 13:25
- 102 of 171
rf careful this is another EK favourite.
required field
- 01 Dec 2009 13:36
- 103 of 171
I've sat through the bad years with this one....and coming good at long last...
kate bates
- 01 Dec 2009 19:09
- 104 of 171
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
aldwickk
- 25 Mar 2010 08:26
- 105 of 171
Bit of a price breakout yesterday, 14p offer price this morning.
TheFrenchConnection
- 25 Mar 2010 14:02
- 106 of 171
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 ?
aldwickk
- 25 Mar 2010 15:55
- 107 of 171
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.
TheFrenchConnection
- 25 Mar 2010 16:03
- 108 of 171
ooooooooo ...cant wait .........you know me and the ladies .......obviously not the darker variety after car episode :-)
aldwickk
- 21 Jun 2010 20:27
- 109 of 171
(`Kryso' or `the Company')
Issue of Equity
The Company confirms today that is has received notice as follows:
Natasa Mining Limited has acquired the warrants over 10,723,389 ordinary shares
in the Company, previously held by Great Basin Gold Limited. Natasa Mining
Limited has now served notice on the Company to exercise those warrants.
Accordingly, Kryso has today issued 10,723,389 Ordinary shares (the "Admission
Shares") to Natasa Mining Limited, at a price of 8p each. Natasa Mining Limited
now holds 34,848,113 Ordinary Shares in the Company representing 21.67% of the
total issued share capital of the Company.
Application has been made to admit the Admission Shares to trading on AIM. It
is anticipated that dealings in the Admission Shares will commence on 25 June
2010.
Following the issue of the Admission Shares, the totally number of Ordinary
Shares in issue is 171,509,086 Ordinary Shares.
For further information please visit the Company's website (www.kryso.com)
aldwickk
- 22 Jun 2010 07:56
- 110 of 171
Kryso Resources plc
("Kryso" or the "Company")
Exclusivity Period
Kryso Resources plc advises that it has entered into an exclusivity agreement
(the "Agreement") with a major mainland Chinese mining company (the "Potential
Investor") to allow exclusive discussions to take place with regard to a
potential investment in the Company.
The Agreement provides for an exclusivity period until 11:59p.m. BST on Friday,
25 June 2010, during which time Kryso cannot carry on or solicit discussions
with any other party in relation to any investment in the Company's shares or
the disposal of any of the Company's assets.
There can be no guarantee that the Potential Investor will make any investment
in the Company, and a further announcement will be made in due course.
For further information please contact:
Dr. Trevor Davenport/Craig Brown, Kryso Resources plc
Tel: +44 (0) 20 7371 0600
Katy Mitchell, WH Ireland Ltd
Tel: +44 (0) 161 832 2174