Deccan Gold Announces Inauguration of Altyn Tor Gold Project
On August 29, 2026, Deccan Gold Mines Limited (BSE: 512068) issued a press release stating that its Altyn Tor Gold Project, operated through its Kyrgyz subsidiary Avelum Partner LLC, has been incorporated into the national inauguration programme of the Kyrgyz Republic scheduled for September 11, 2026. The ceremony will be presided over by His Excellency Mr. Sadyr N. Japarov, President of the Kyrgyz Republic, with senior management from Avelum Partner LLC and Deccan Gold present at the project site.
The inclusion of Altyn Tor in the Independence Day celebrations is presented as a landmark milestone, being the first investment by an Indian company in the gold mining sector of the Kyrgyz Republic to reach the production stage. The project, located in the Naryn region of central Kyrgyzstan approximately six hours by road from Bishkek, sits within the highly mineralized Soltan Sary mineralization zone, part of the 300‑km‑long Tien Shen Shear Zone that hosts numerous world‑class gold deposits. Gold mineralisation is hosted in quartz and quartz‑carbonate veins and stockworks.
Managing Director Dr. Hanuma Prasad Modali said the inauguration is “a moment of immense pride” and a “powerful validation of our vision to build a globally relevant mining company.” He emphasized that Altyn Tor represents not only a mining project but also a landmark of India‑Kyrgyz economic partnership and underscored the growing importance of cross‑border investment, resource partnerships and diversified mineral supply chains amid heightened strategic emphasis on resource security.
Deccan Gold reiterated its commitment to advancing Altyn Tor through safe, responsible and disciplined operations while continuing to build a diversified, production‑oriented portfolio of gold and critical mineral assets. The company, established in 2003, describes itself as India’s first and only listed gold and critical minerals resource company and lists a portfolio spanning Andhra Pradesh, Kyrgyzstan, Chhattisgarh, Spain, Mozambique, Finland and Tanzania.
For further information, the company directs readers to its website https://deccangoldmines.com/. The release notes that it is provided under an arrangement with NRDPL and that PTI assumes no editorial responsibility.