Results of the 1st quarter of 2020

During the first quarter of 2020, regional geological surveying, geophysical, airborne geophysical, prospecting and evaluation works were carried out for ferrous, non-ferrous, precious metals, as well as non-metallic minerals for 44 transitional projects and 2 new ones. Areal geophysical surveys were carried out using the methods of gravity exploration, magnetic exploration and electrical exploration.

According to the exploration program, the enterprise drilled 21,419.6 linear meters as scheduled. wells. Implementation amounted to 119.3% of the business plan.

An analytical laboratory complex worked uninterruptedly, which carried out chemical spectral and assay studies both on its own projects and on contractual work.

In the 1st quarter of 2020, the net profit of the Company compared to the 1st quarter of 2019 increased by 461.2%.

In the State Unitary Enterprise “Regionalgeology”, the main directions of geological and geophysical research are analyzed and proposals for the concept of strategic development of the geological industry of the Republic of Uzbekistan for 2021-2026 are prepared.

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