-> INDIGOLD MINING SARL has acquired the license of the present permit from MACKENAS GOLD MINING SARL after thorough due diligence of the Project.
INDIGOLD MINING SARL is a wholly owned subsidiary of EURO GOLD MINING INDIA PRIVATE LIMITED having head office at Trendz Trident, Plot No.87, 3rd Floor, Jubilee Enclave, Madhapur ,Hyderabad-500081-Telangana-India.
->INDIGOLD has completed the NI-43-101 report which is a National instrument for the standards of disclosure of Mineral projects. After the report INDIGOLD has completed the necessary requirments to apply for the Environmental Clearance and after thorough check by the DNGM has been awarded the same.INDIGOLD then applied for the the Mining License for the entire 43.14 Sq Km and has been awarded the grant of Mining License in the month of July 2022.INDIGOLD is planning to continue infill drilling for south dome area to get the estimate of proven and probable reserve. Second phase of drilling is going to commence from December 2022 and complete by May 2023 for an additional 10000M of Core and Rc Drilling.INDIGOLD shall get the BFS(Bankable Fesability Study) report done by a reputed institute and simultaneously start construction of the infrastructure and commemnce mining by October 2023.INDIGOLD plans to produce 30000 ounces for the first year based on the current results.