Khabarovsk region
Proven and Probable Reserves (ounces)

Chulbatkan is a high-grade greenfield project located in the Khabarovsk region.

Based on the latest Canadian Institute of Mining, Metallurgy and Petroleum («CIM») estimates, its Probable Gold Reserves stand at 56,497 thousand tonnes containing 2,964 thousand ounces of gold at an ore grade of 1.6 g/t.

According to the Pre-Feasibility Study, the project is expected to produce approximately 2 mln ounces of gold at an average all-in sustaining cost of $580 per ounce during a seven-year mine life.