In April 2005 Oriel initiated a comprehensive diamond drilling campaign on Voskhod, monitored in its entirety by SRK personnel, to confirm previous assay data and to provide geotechnical and hydrogeological information for mine design development. Ore intersections confirmed the tenure of the deposit and assay results were consistent with historical values.

 

SRK notes that Voskhod is situated in a mining district generally well served by infrastructure. Voskhod is adjacent to the Donskoy GOK mining complex and the aptly named town of Khromtau. SRK considers that there are no significant obstacles in the provision of infrastructure for a mining operation. Adequate power is expected to be supplied from a state-owned substation 15 km away via a dedicated power line. Process water for the mine operations will be sourced from the continual pumping of surplus water from underground.