Manas Resources
Manas Resources Limited (ASX – MSR) is an Australian-based gold explorer in the Kyrgyz Republic with substantial resources, high-grade drill targets and a large highly-prospective land holding in the world class Tien Shan gold belt.
We have a resource base of 1.25 million ounces of gold at our Shambesai and Obdilla gold projects which will continue to grow through aggressive and continuous exploration.
The Definitive Feasibility Study (DFS) released in April 2012 confirms Shambesai as a low‐cost, high‐margin gold leach project that is a technically simple, low‐risk operation which can be commissioned in a relatively short time frame for a very low capital cost.
We aim to become a producer by the start of 2013.
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Our strategy and corporate objectives are:
1. To develop the Shambesai Gold Project to production
2. To rapidly grow our 1.25 million ounce gold resource
3. To explore our massive exploration portfolio in the Kyrgyz Republic
After listing on the ASX in 2008, we are now one of the largest and most active gold explorers in the Kyrgyz Republic.