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Thursday, 25th November 2004 (4376 views)

Crew Gold Corporation has announced that it has signed a deal with a Russian state-owned mining company to acquire and develop precious metals projects.<BR/><BR/>The deal will see the firm work in projects and deposits in eastern Russia through a joint venture company.<BR/><BR/>Particular areas of interest are projects in the Republic of Yakutia, where gold mining is the second most important industrial sector.<BR/><BR/>The area is one of the biggest suppliers of gold in Russia and transportation and communication has recently improved near prospective sites.<BR/><BR/>In addition, gold districts border the area including the Natalskinskoye and Julietta mines, the Kupol and Kubaka mines and the Pokrovsky and Tokur mines.<BR/><BR/>A number of new gold deposits are continuously being discovered in the area.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7159068"/>

 

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