KazakhGold Group Ltd
05 November 2007
November 5, 2007
KazakhGold Outlines Growth Strategy
To Meet 1 Million Ounce
Gold Production Target By 2011
KazakhGold Group Limited (LSE: KZG) today announces a five year growth strategy
to meet its one million ounce gold production target by 2011.
Kanat Assaubayev, Executive Chairman of KazakhGold, outlined the three key areas
of focus; growing the reserve base through exploration and the reclassification
of the Company's vast FSU reserves and resources into JORC, increasing
exploitation of ore reserves through new mines and modernisation of mining
methods and the optimisation of processing technologies.
This strategy will be underpinned by the recent strengthening of the senior
management team which combines international best practice experience with
strong local knowledge.
Further Information:
Aidar Assaubayev Sanzhar Assaubayev
Executive Vice Chairman General Manager, London Office
KazakhGold Group Limited KazakhGold Group Limited
Tel: +44 (0)20 7409 7413 Tel: +44 (0)20 7409 7413
Ron Marshman/John Greenhalgh
City of London PR Limited
Tel: +44 (0)20 7628 5518
Note to Editors:
Please visit www.kazakhgold.com to view the Company's most recent investor
presentation for more details.
This information is provided by RNS
The company news service from the London Stock Exchange