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DOSTYK

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DOSTYK
Classification: Active/Verified
Status: Exploration
Type of Work: Surface
Location: Kazakhstan
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Property News

August 14, 2009
Cigma Metals announced the drilling results from three major prospects, Beskauga, Quartzite Gorka and Berezki East of the Dostyk project in Kazakhstan. The drilling confirmed over 420 meters of continuity for the mineralization zone along strike with an average width of approximately 50 meters and reaching 80 meters in places. It has been traced down to a depth of 350 meters and remains open both on strike and depth. The oxidation zone extends from surface down to 40 meters and could be suitable for free-milling and heap-leach gold-copper extraction. At Berezki East returned 112m at 1.61g/t Au Eq from surface in drill hole Bz6, including 17.2m at 4.8g/t Au Eq and 136m at 1.15g/t Au Eq from 30m in drill hole Bz14, including 52m at 2.6g/t Au Eq. At Beskauga prospect returned 193.4m at 1.6g/t Au Eq from 45.1m in drill hole Bg3, including 66.7m at 2.52g/t Au Eq and in at the Quartzite zone, 143.6m at 1.75g/t Au Eq from 106m in drill hole Q10
August 13, 2009
Augustus Minerals Limited received a further payment of US$100,000 in relation to the settlement of the company’s sale of its beneficial interest in the Dostyk Project, as advised to the ASX on 1 April 2009. Of this amount, US$50,000 will be applied as interest for the period 1 January 2009 to 31 October 2009 and US$50,000 will be applied to reduce the capital component of the amount outstanding. Under the newly agreed settlement terms, a balance of US$950,000 is due and payable on 31 October 2009 in full and final settlement.
March 30, 2009
Cigma Metals announced a maiden inferred resource for Berezki East prospect in Kazakhstan. Berezki East deposit ore resources total 18.6 million tonnes grading at 0.48 g/t for 288,886 oz of contained gold, 1.06 g/t for 636,316 oz of contained silver and 0.1% for 15,835 tonnes of contained copper.
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