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The Russian government will increase financing for geological exploration of alluvial gold deposits in Kolyma

Far Eastern Deputy Prime Minister and Presidential Plenipotentiary in the Far Eastern Federal District Yuri Trutnev held a meeting in Magadan on the development of the gold mining industry, at which it was announced that the government plans to increase funding for geological exploration of alluvial gold deposits in Kolyma at the expense of the federal budget, writes Kommersant-Far East with reference to the regional government. According to the regional ministry of natural resources and ecology, in 2013 the volume of financing for geological exploration from the country's budget amounted to more than 660 million rubles, in 2014 the corresponding expenditures on solid minerals increased by more than 100 million rubles.

Governor Vladimir Pechenyi said that promising gold fields are being discovered in the region. In 2014, exploration work is completed on a number of objects, including the Tokhtinskaya promising area in the Srednekansky district, the Azialskaya promising area in the Susumansky and Tenkinsky districts, the Nalednaya promising area in the north-east of the Severo-Evensky region. For these areas, the predicted resources of native gold are estimated at 450 tons, silver - about 2 thousand tons.

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