David Mackenzie, CFO of Chaarat Gold, says their gold project could produce $50m Free Cashflow p.a.

Chaarat Gold Holdings (AIM: CGH), the gold exploration and development company operating in the Kyrgyz Republic, discusses its plans to have financing completed for its 1MOz Tulkubash gold project by the end of 1Q24. In this interview, investors will hear about: • How Chaarat Gold expects to finalise project financing in 1Q24 • When the Tulkubash Mine EPC (Engineering, Procurement & Construction) contract was finalised • Which EPC contractor is now in place to commence construction and become the mine operator • When first gold is expected to be processed at the mine site. • How $50m of free cash flow will be generated at Tulkubash, once operational • Why the relatively low-cost project will be very attractive project for financiers • Why Kyrgyzstan is a mining friendly jurisdiction with multiple mining operations already successfully working there. Reasons to Add Chaarat Gold Holdings to your Watchlist: 1) Chaarat Gold has 6Moz resource inventory across 2 projects, with the ambition to become a mid-tier producer 2) Positive financing news expected for Tulkubash by end of 1Q24 3) Near-term Gold production expected during current calendar year 4) Areas adjacent to Tulkubash are highly prospective 5) 5Moz Kyzyltash underground resource to be developed subsequently, possibly by 2027 David Mackenzie , Chief Financial Officer of Chaarat Gold Holdings, was interviewed by Donald Leggatt, IR Media Director at focusIR.