DECCAN GOLD MINES : SUBSIDIARY SIGNS GOLD DORE REFINING PACT WITH KYRGYZALTYN

• Avelum Partner LLC, Kyrgyz Republic, a subsidiary of Deccan Gold Mines, entered into an agreement with OJSC Kyrgyzaltyn, the state-owned gold refining enterprise of the Kyrgyz Republic • Agreement covers refining and sale of gold-bearing dore produced from the Altyn Tor Gold Project • First consignment of a 1.2 kg dore bar has been dispatched to OJSC Kyrgyzaltyn • Consignment sent to establish and validate the operational, refining and settlement procedures under the agreement • Company said the milestone marks a significant step towards commercialisation of the Altyn Tor Gold Project and its operations in the Kyrgyz Republic

Deccan Gold Mines Ltd

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