Chaarat Gold buys Armenian mine from Russia’s Polymetal for $55m
Deal is part of Chaarat’s intention of becoming a major regional player in Central Asia, with an annual production of 1 million ounces, which aims to reach through acquisitions.
The Red Chris copper and gold project, in northwest B.C., is located near the Iskut River, a major tributary of the Stikine River, which ends in southeast Alaska.