Manas Resources Limited (ASX:MSR) Managing Director, Stephen Ross discusses Gold Development in the Kyrgyz Province, presenting at The Gold Investment Symposium in Sydney. Manas Resources Limited
(ASX:MSR) is the biggest explorer and the most active gold company in the Kyrgyz Republic. No one has spent more money, no one has drilled more metres and no one has really discovered, in virgin discoveries, more ounces than us.
Over the past month we’re really moving to becoming a development company now. So, we’ve made the transition from being an explorer to a developer by putting the team in place and, it’s an exciting 12-24 months for us.
We’ve invested $20 million over the years. We’ve been listed for four year now and discovered 1.25 million ounces, drilled well over 50,000 meters. Our programs have been active, we’ve had $5 million exploration programs over the past three to four years.
This year we’ve really concentrated on our development activities, which have been very much focussed on building the Shambesai gold project.
