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8

Large Gold Deposit Of Russian North To Be Sold

At the auction Bileligskoe gold deposit will be sold

Russia?s Ministry of Natural Resources announced the gold deposit auction was scheduled to take place in February 2005.

At the auction Bileligskoe gold deposit will be sold. The deposit is located in Tuva Republic, and is the largest gold deposit in the Republic. Its resources are estimated at 4.2 tons of gold.