StockWatch
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Precious Metals
Project Update6 Aug 2026, 01:43 pm

Deccan Gold Mines Produces First Gold Doré at Altyn Tor Project

AI Summary

Deccan Gold Mines Limited has achieved a significant milestone by producing its first gold doré at the Altyn Tor Project in Kyrgyzstan. This marks a crucial step in the company's transition from an explorer to a producer. The company successfully processed a batch of gravity circuit concentrate through its newly installed Intensive Leach System (ILS), validating the integrated process design and metallurgical leachability. This achievement de-risks the processing flowsheet and demonstrates operational viability as the company moves towards full-scale commercialization. The Altyn Tor project, located in the Naryn region, has current mineral resources estimated at 180 koz of gold. Deccan Gold holds a 60% stake in Avelum Partners LLC, the developer and operator of the project.

Key Highlights

  • First gold doré produced at Altyn Tor Project, Kyrgyzstan.
  • Validates integrated processing flowsheet and operational viability.
  • Significant de-risking step towards full-scale commercialization.
  • Altyn Tor project has estimated mineral resources of 180 koz gold.
  • Marks transition from explorer to gold producer for Deccan Gold Mines.