Central Asia sells off Dalabai project

ASX-listed junior Central Asia Resources has entered into a heads of agreement to divest of its 90% interest in the Dalabai gold project, in Kazakhstan, to local private company Uroven OMR for A$6.9-million. Some A$400 000 in cash would be paid upon the execution of a formal sales and purchase agreement, with a further A$266 000 due at the start of gold production, if the production is achieved by either September 15 or December 15.