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Company Information for Kentor Gold Ltd

Company stock charts - 12 Month chart

Exchange ASX; KGL


View full financial data

Company Statement

Kentor Gold Ltd, an Australian publicly-listed company, is a diversified international explorer with gold, geothermal and base metals exploration assets in the Kyrgyz Republic in Central Asia.

The Company’s strategy is to acquire advanced projects which have existing resources that can rapidly be moved into development, construction and operation.

Through their experienced board and Kyrgyz-based, Russian speaking management team, Kentor Gold has developed a strong relationship with the Kyrgyz Government and have secured access to the vast store of technical data from Soviet exploration programs.

Kentor Gold is currently exploring for gold, geothermal and base metals in the Kyrgyz Republic and seeking opportunities to acquire advanced projects through-out Central Asia. The Company’s geothermal exploration program is being conducted in partnership with geothermal energy exploration pioneers, Panax Geothermal Ltd, headed by Dr Bertus de Graaf.


Current Operations

In 2007 Kentor diversified both their asset and geographical focus to include geothermal energy exploration in Kyrgyzstan and uranium exploration in Australia.

The ultimate objective of geothermal energy exploration is for the generation of clean energy for export to China. Analysis of data from the Soviet era and inspection on the ground supports Kentor's view that the Kyrgyz Republic is a very favourable environment for significant amounts of such geothermal energy.

Kentor have been granted five prospecting licences following a review of the possibilities of identifying and developing a Hot Fractured Rock energy source in the Kyrgyz Republic.

Kentor also has an interest in ten uranium exploration licence applications in the Dunmarra Basin in the Northern Territory of Australia.

Kentor will continue to explore for gold in the licence areas around the Kumtor mine while commencing drilling on the more advanced Savoyardy project with the aim of producing a JORC compliant resource estimate as quickly as possible.


Geographical Spread

Kentor Gold Ltd is primarily focused on exploration and development of gold deposits within the Kyrgyz Republic.


Board of Directors and Key Management

Board of Directors:

John Barr AM, MAICD, Chairman, Non-Executive
John Barr has had a long involvement with the Australian minerals and metals industry having been Managing Director of Metallgesellschaft’s Australian subsidiary since the company’s inception in 1974 until his retirement in 1994. He is a Director of Iluka Resources Limited and a former Director of Acacia Resources Ltd, Oxiana Limited, and Transurban City Link Ltd. In August 2005 he retired as Chairman of Utilities of Australia Pty Ltd, a major unlisted infrastructure investment fund.

Simon Milroy, Managing Director
Simon Milroy is a mining engineer with twenty years experience across a diverse range of metals. He has spent the last seven years working in South East Asia on mining development projects. His most recent experience has been with Kingsgate in Thailand and with Pan Australian Resources in Laos. Simon is a member of the Australian Institute of Mining and Metallurgy.

Hugh McKinnon B.Eng. (Mining), Executive Director, Country Manager and General Director – CJSC Kentor
Hugh McKinnon has been involved in the mining industry in Australia, Africa, and Asia for 30 years in activities ranging from exploration ventures to mine production. Since early 1996 he has worked on mining and exploration projects across Central Asia from Tajikistan to Mongolia, with a particular interest in the Kyrgyz Republic. Hugh speaks competent Russian.

Andrew Daley BSc (Hons) (Mining), Director, Non-executive
Andrew Daley is a mining engineer and resources finance executive. Andrew spent several years working on mining projects in Africa before relocating to Australia as Senior Engineer with Fluor Australia in 1981. Since then he has had a long career in international investment banking and held senior positions with NAB, Barclays, and Chase Manhattan. He is a Chartered Engineer, a former Director of Oxiana Limited, a Director of Pan Australian Resources Limited, Dragon Mining NL, Gladstone Pacific Nickel Ltd (listed on AIM), a Member of IOM3 and a Fellow of the Australasian Institute of Mining and Metallurgy.


Key Management:
Craig Irvine, General Manager - Exploration:
Kylie Anderson, Chief Financial Officer and Company Secretary
Orozbai Tohtonazarov, General Director - CJSC Kentor

Company Address

Level 36
Riparian Plaza
71 Eagle Street
Brisbane, Australia QLD 4000

Telephone:(07) 3121 3206
Facsimile:(07) 3121 3030
Email:info[at]kentorgold.com.au
Website:http://www.kentorgold.com

Annual General Meeting

May

Year End

31 December

Related News

14/01/08 - Kentor Gold Could Hold A Trump Card At Its Savoyardy Project in Kyrgyzstan

Most Recent Statement

22/08/08 - MD Discusses Khantau Project
18/08/08 - Khantau IOGC Project Geological Data
07/08/08 - Khantau Project Acquisition
18/07/08 - Savoyardy exploration Update
16/06/08 - Kentor Gold Intersects More High Grade Gold At Savoyardy
03/06/08 - Placement completed to raise $4m

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