Key Event Details

The Altyn Tor Gold Project, operated through Deccan Gold's Kyrgyz subsidiary Avelum Partner LLC, has been included in the national inauguration programme of the Kyrgyz Republic scheduled for September 11, 2026. This event is part of the country's Independence Day celebrations.

Ceremony Participants

His Excellency Mr. Sadyr N. Japarov, President of the Kyrgyz Republic, will preside over the inauguration programme. Senior management from Avelum Partner LLC and Deccan Gold will be present at the project site.

Strategic Significance

  • The project represents the first investment by an Indian company in the gold mining sector of the Kyrgyz Republic to reach the production stage
  • Marks Deccan Gold's transition from exploration and development to production at this international asset
  • Supports the Company's broader strategy of building a diversified, production-oriented portfolio of gold and critical mineral assets across India and international markets
  • Assets span multiple jurisdictions including Andhra Pradesh, Kyrgyzstan, Chhattisgarh, Spain, Mozambique, Finland, and Tanzania

Management Commentary

Dr. Hanuma Prasad Modali, Managing Director of Deccan Gold Mines Limited, stated: "The inclusion of Altyn Tor in the national inauguration programme led by the President of the Kyrgyz Republic is a moment of immense pride for all of us at Deccan Gold. It is a recognition of the hard work of our teams, partners and stakeholders who have helped take this project from exploration to production."

He added: "For us, Altyn Tor is more than a mining project. It is a landmark of India–Kyrgyzstan economic partnership and a powerful validation of our vision to build a globally relevant mining company."

Project Location and Geology

The Altyn Tor project is located in the Naryn region of central Kyrgyzstan, approximately six hours by road from the capital Bishkek. The deposit forms part of the highly mineralized Soltan Sary mineralization zone, which extends over 300km length and is part of the major Tien Shen Shear Zone, host to numerous world-class gold deposits. Gold mineralization is hosted in quartz, quartz-carbonate veins and stockworks.

Company Background

Deccan Gold Mines Ltd. (BSE: 512068) is India's first and only listed gold and critical minerals resource company, established in 2003. The company is focused on developing responsible, technology-led, and globally competitive mining assets.