PROJECTS

The Karakul Gold Project is the Company’s second granted exploration licence for gold in Kazakhstan (4412-EL). This new license is located 6km south of the Company’s first exploration license (4238-EL) granted in the North Balkhash region of Kazakhstan (Figure 1). The new tenement covers 170km², with the combined  licence areas covering 335km², within the Balkhash – Ili Volcanic Belt known for hosting numerous epithermal gold and porphyry copper deposits.

There are operating gold mines within 30 kilometres of the Company’s licenses, all of which appear to be hosted along easterly trending structures.

Kazakhstan is a premier mining jurisdiction, leading the world in uranium production with massive gold, copper, and petroleum reserves. Modelled after Western Australia’s mining code, the country actively welcomes foreign investment. Despite its rich geological potential, Kazakhstan’s key gold regions have seen little modern exploration since 1991. Barys is uniquely positioned to unlock this value. By applying modern geological modelling and geophysics to extensive Soviet-era datasets, our experienced technical team has built a robust regional database primed for world-class gold discoveries.