Kryso Resources plc

About Us

Kryso Resources plc is an AIM-listed mineral exploration and development company focused on projects in Tajikistan.

Kryso’s primary goal is to bring the Pakrut gold project, of which it has 100% ownership, into production. An internal prefeasibility study has been completed for the Pakrut project, with highly positive results, and a bankable feasibility study is currently underway with completion targeted for early 2010.

Total JORC Code-compliant resources of 2,830,104oz Au, assuming a 0.5g/t cut-off grade, have been defined at the Pakrut gold project. The Pakrut deposit remains open and is expected to yield further JORC Code-compliant resources over time.

The reserves of the Pakrut project, which total 1,257,454oz Au at a cut off grade of 0.5g/t (under the Russian classification system), were approved by the State Committee for Reserves (GKZ) of the Republic of Tajikistan on 15 December 2008. This approval gives Kryso the exclusive right to a full mining licence valid for 20 years.

In June 2006, Kryso was awarded a seven year licence to explore the Gishun Licence Area, which contains the Hukas nickel-copper-cobalt-PGM project. During 2007 a TEM geophysical survey was carried out at Hukas, identifying promising anomalies on which Kryso has commenced further work, including drilling. Kryso has 100% ownership of the Hukas project.

The directors of Kryso have a track record of operating successfully in Tajikistan and believe Kryso to have been the first foreign company to obtain 100% ownership of a mining and exploration project in Tajikistan.

Strategic Alliance with Great Basin Gold

In December 2006, Kryso formed a strategic alliance with Great Basin Gold Limited, formerly part of the Hunter Dickinson Group, and cemented this through a placing of Kryso shares worth £1m to Great Basin.

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December 2004
Kryso Resources plc Admission Document (1.28MB pdf)
27 July 2004
Kryso Resources plc Memorandum & Articles of Association (3.74MB pdf)