India’s Deccan Gold Mines Ltd (DGML) announced significant progress towards production at its Altyn Tor Gold Project in Kyrgyzstan, the first Indian-owned gold production facility in Central Asia, The Times of India reported.
The project develops the Solton-Sary deposit, located at an altitude of 3,500-3,600 meters above sea level in the Naryn region, 355 km from the capital, Bishkek. The deposit consists of three areas: Buchuk, Ak-Tash, and Altyn-Tor.
According to Kyrgyz data, total gold reserves at the Solton-Sary deposit are estimated at about 20 tons.
According to the Indian company, it expects to install and launch a new ball mill at the mine in early September 2025. Preparations for commercial production of Dore bars are underway, with an expected start by October 2025.
The Altyn Tor Project is operated by Avelum Partners LLC, in which DGML holds a 60% controlling interest.
DGML estimates the project’s resources at 4.65 million tons with gold content of 1.21 grams per ton, amounting to 180 koz of gold.
According to the company, the ongoing resource drilling program has shown early indications of a significantly larger orebody than previously estimated, strengthening confidence in the project’s long-term potential.
Another gold-bearing area of the Solton-Sary deposit, Buchuk, is being developed by Chinese investors. In October 2024, the Kyrgyz-Chinese company Zhong Ji Mining began production at Buchuk by launching a gold mining plant there in a test mode.
