A small (c.25,000 ounces) but high-grade (20 g/t) C1+C2 reserve has been established in the gold-bearing quartz veins and there are indications that continuing exploration could well increase this by a factor of five.

The major interest at Voroshilovskoye – as at Tokur and Malomir – is the gold potential associated with low-angle thrust faults. Detailed exploration has continued in the licence area with 8,896m³ of trenching already completed. 

The geophysical and geochemical results identify two prospective ore structures.  Within the two newly identified structures, gold grades reaching 8.8 - 11.3 g/t have been indicated from grab sampling, and trenching has already intersected the indicated orebody with visible gold noted at the surface. 

Geophysical surveys have also suggested significant sulphide anomalies along the thrust to the east and west of the old Vorolshilovskoye mine though not in the area of the mine itself.

In 2006 exploration and evaluation work was completed in this area, with 1,800m of core drilling and 60,000m³ of trenching.  Due to this activity, Russian category P1 resources increased from 95,000 oz to 240,000 oz.  Exploration was completed on two main ore zones: Maiskaya and Yubileinaya.  The Maiskaya zone, with gold grades of 4.6g/t to 7.5g/t, consists of intensively sulphidised (up to 20%) crushed quartzite.  From geophysical data the total length of the zone is 400m.  The Yubileinaya zone, at the South-Eastern end of the Voroshilovskoye deposit has been intersected with one trench, one shallow test open pit, and one drill hole, and gold grades of 5g/t have been found.  This is a gently dipping (15⁰-20⁰) zone of crushing and sulphidisation (up to 20%) within metasomatic quartzite, 600m in length, from geophysical interpretation.  It is planned to write a report on the completed work and submit a P1 resource estimate for approval by the Amur Region GKZ in 2007.