Kalzhyr Gold plans to search for placer gold at the Karazhal site in the Kurchum district of the East Kazakhstan region. This was reported by Qazaqyia.kz citing Kursiv Media.
This is stated in a notice of planned activity. "The purpose of the planned work is to conduct searches for a placer deposit near the Karazhal River and to assess placer gold reserves in identified objects, including previously developed mines," the document for public hearings on the project, available to Kursiv, says.
License and timeline
The company received a six-year exploration license on February 26, 2026. The nearest village, Ushbulak, is located 12 km north of the site. The nearest paved road runs 38 km from the site in the area of the Karatogai settlement, while other roads are ordinary intermittent field roads.
Promising areas
The most promising areas within the license area were identified in the Karazhal-Koichilik basin (open sources mention the Karazhal stream flowing into the Koichilik stream) based on a preliminary analysis of available historical materials (reports and archival materials).
Scope of work
Prospecting pits and trenches will be excavated using an excavator and a loader. In total, 152 pits with a volume of 1,085 cubic meters and a depth of up to 4 meters are planned. The length of the trenches will be 250 meters with a depth of 2.5 meters.
In total, 1,245 samples with a total weight of 21,912 kg are planned to be taken (one sample has a length of 50 cm and a weight of 17.6 kg). All geological exploration and laboratory work, research, and data processing will take place in 2027-2031.
About the company
The head and sole owner of the Almaty-based Kalzhyr Gold company is Aidar Abitaliev. He is also the head of the Almaty-based Central Asia International Business Cooperation Center (co-owners: Aidar Abitaliev and Mao Liping).