The Company acquired the Tokur deposit in June 2003.  Tokur has been mined at different times during the last 60 years, is well served by local infrastructure and is located in an area of intensive historic placer mining.  The exploration and mining licence covers the area surrounding the old Tokur mine and the Innokentevsky and Taranakh deposits, which are associated with the Glavniy fault which appear to control the gold mineralisation.