Business Wire·Jul 9, 2026, 10:38 AM ET

Cove Kaz Capital Group Begins Site Preparation at Northern Katpar in Support of Final Drilling for the Definitive Feasibility Study

Cove Kaz Capital Group LLC announced site preparation will commence in July at the Severniy Katpar tungsten deposits in Kazakhstan, including land surveys, road establishment, drill pad preparation, & office opening to support the Definitive Feasibility Study.
Core drilling samples are scheduled for August, alongside upgrades to access roads, installation of perimeter fencing & weather monitoring stations, & increased heavy industrial equipment activity through November.
Severniy Katpar LLP holds the largest known undeveloped tungsten resource globally, with 2023 JORC-compliant resources of 1.4 million tonnes of tungsten trioxide supporting an anticipated combined production of 12,000 metric tonnes per annum.
Adil Amerkhanov was appointed Chief Financial Officer of Kazakhstan Operations, bringing over 20 years of finance & transformation experience from mining, metals, oil, gas, & PwC.
Cove Kaz holds a 70 percent controlling interest in Severniy Katpar LLP through a joint venture with Tau-Ken Samruk, which retains the remaining 30 percent.
On April 30, 2026, Cove Kaz entered a transaction agreement with Skyline Builders Group Holding Limited to combine into Kaz Resources Inc., which will trade on Nasdaq under the ticker symbol KAZR.