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ROSGEO and the Government of the Republic of Sakha discussed exploration prospects of the region

November 21, 2017/ 10:08

Yakutsk.  Roman Panov, Director General, Chairman of the Board of JSC ROSGEO had a working meeting in Yakutsk with Egor Borisov, Head of the Republic of Sakha. The most promising areas of exploration in Yakutia and their ramp-up possibilities were discussed.

They highlighted a need for annual allocation of about 100 mln rubles from regional budget to finance geological prospecting of groundwater and construction materials.

Roman Panov also had a meeting on the base of JSC Yakutskgeologiya, devoted to review of the company's results for 2016-2017 and implementation of governmental contracts.

"The company is a definite leader in the exploration market of the region”, Roman Panov said. “I am confident that collaboration with ROSGEO will open new opportunities and development prospects for the company. Yakutia has a great potential in terms of discovering mineral deposits of various types, we are setting ourselves the task to intensify geological prospecting works in the region".

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