The auction winner will receive a license for a period of 20 years.
The auction for the right to prospect and mine alluvial gold in the area of Suor-Uyalaakh stream in Ust-Yansky region of Yakutia was announced by the Federal Agency for Subsoil Use (Rosnedra), according to the website of the Russian Federation for posting information on the bidding.
The starting payment for the site is set at 167 million 992 thousand rubles. Resource potential is estimated according to category C1 at 6 thousand 803 kg, С1 zab - 1 thousand 778 kg, C2 - 211 kg, Р1 - 239 kg.
Acceptance of applications for participation in the auction will end on April 17. The auction is scheduled for May 16.