Czech Potamon GTS wants to explore gold-mining opportunities in SouthBohemia

Czech company Potamon GTS Praha hopes to receive approval for gold mining exploration in South Bohemia’s Kasperske hory region from the Czech Ministry of Environment in the coming days, Czech News Agency (CTK) reported Thursday.

“The exploration doesn’t include any groundwork on the surface,” Potamon’s CEO Rudolf Repik told CTK, adding that further approvals would be needed for actual gold mining. “It’s rather reevaluation of existing analysis on gold mining opportunities in the region, which would be performed from an office.”

Potamon applied for the approval in April but the ministry’s regional department rejected it in July. Potamon had the decision and, after the appeal commission finalized its recommendation a few days ago, is awaiting the final decision of the Environment Minister, ministry spokesman Jakub Kaspar said as cited by CTK.

Potamon’s team comprises 16 geologists and miners. The company expects to spend two years on reevaluating gold mining possibilities in the Czech region. According to a previous analysis, the capacity of the Kasperske hory gold mine is tens of tonnes of gold It would take up to seven years for the company to obtain two approvals for the actual gold mining exploration.
Potamon was involved in the past in gold mining in Mongolia, Kazakhstan and Africa, Potamon’s board chairman Jan Lellak told CTK.

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