
Deccan Gold Mines Announces Progress on Jonnagiri and Altyn Tor Gold Projects, Initiates Lithium Mining in Mozambique
Deccan Gold Mines Ltd. has provided an update on its operations. Geomysore, the associate company, has completed water and power line laying at Jonnagiri and is conducting drilling to enhance gold resources. A public consultation will be held regarding the plant component of the Jonnagiri Gold Project, paving the way for gold production. Avelum Partner LLC, the subsidiary company, is working towards closing funding for the Altyn Tor Gold Project. Mine design work will commence after the initial drill programme. Deccan Gold Mozambique, the step-down subsidiary, has initiated geological mapping and small-scale mining operations for lithium ore. The first batch of samples from the tenements will reach the laboratory in South Africa for test work.
Key Highlights
- Geomysore has completed water and power line laying at Jonnagiri and is conducting drilling to enhance gold resources
- A public consultation will be held regarding the plant component of the Jonnagiri Gold Project, paving the way for gold production
- Avelum Partner LLC is working towards closing funding for the Altyn Tor Gold Project
- Deccan Gold Mozambique has initiated geological mapping and small-scale mining operations for lithium ore
- The first batch of samples from the tenements will reach the laboratory in South Africa for test work