17 May 2013 18:21

Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
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Holding in Company
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Road Town, Tortola, British Virgin Islands (17th May 2013)
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Chaarat (AIM - CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, was today informed that the Wilshire - Fasanara Credit Strategies SP Fund holds 7,888,321 ordinary shares of US$0.01 each, representing 3.15% of the issued share capital of the Company.
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Enquiries: Â
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Chaarat Gold Holdings Limited | +44 (0) 20 7499 2612 |
c/o Central Asia Services Limited | |
Dekel Golan CEO | dekel@chaarat.com |
Linda Naylor FD | linda.naylor@chaarat.com  |
Numis Securities Limited | +44 (0) 20 7260 1000 |
John Prior, Stuart Skinner (NOMAD) | |
James Black (Broker) | Â Â |
Further information is available at www.chaarat.com
ÂNOTES TO EDITORS:
About Chaarat Gold
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Chaarat Gold is an exploration and development company operating in the Kyrgyz Republic. Situated in the highly prospective Tien Shan gold belt, a JORC compliant resource of 5.76Moz at a grade of 4.03g/t has been delineated at the Chaarat Gold Project. The Company's key objective is to become a low cost gold producer targeting annual production of 200,000 ounces from the development of the Chaarat Gold Project.
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Chaarat has several other promising prospects also located within the Kyrgyz Republic. An exploration programme is underway at the Company's Chontash project, located in the Akshirak range of mountains. A mining licence has been obtained for the Mironovskoye asset.
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