The U.S. citizens found the way, which will help extract the precious metal in the west of the country.
The U.S. company Avellana Gold plans to invest 100 mln dollars in implementation of the gold and gold polymetallic ore in the Transcarpathia, according to the press office of State Geological Cadaster, UA1 reports.
The American company plans to develop a new infrastructure and the development strategy of Muzhievsk deposit, using the modern equipment.
According to the message. The old infrastructure of the deposit limited the potential of the ore mine, the amount of extraction of which reached 120 ths tons per year. Currently, thanks to the investments, the ore mine annual can give 500 ths tons of gold and gold polymetallic ore.