27.09. 2007

“ROEL” Group of Companies has created a brand new “National Geological Survey Company ” (NGSC).

“ROEL” Group of Companies has created a brand new “National Geological Survey Company ” (NGSC). In September 2007, to provide for the development of Russian geological survey industry by means of venture capital, “ROEL” group of companies created one of the first brand new companies in Russia – the “National Geological Survey Company” (NGSC). The key tasks of NGSC are geological surveys, search, prospecting and field exploitation of mineral deposits (precious, nonferrous and rare metals).

“National Geological Survey Company” has been designated to be the general contractor for performing a series of forecasting-exploration and prospecting evaluation surveys on the Kadara mining fields, the largest mining fields in the Chita Region. The forecasted deposits of hardrock gold in these mining fields are over 100 tons. The rights for research, exploration and exploitation of Kadara belongs to “FavoritCenter” LLC. The plans are to attract investments for the research and exploration of these mining fields - more than 100 million USD.