TIDMCGH 
 
Chaarat Gold Holdings Limited 
 
                          ("Chaarat" or the "Company") 
 
                              Directorate changes 
 
Road Town, Tortola, British Virgin Islands (17 October 2011) 
 
Chaarat  (AIM -  CGH), the  AIM quoted  exploration and development company with 
assets  in  the  Kyrgyz  Republic,  announces  that  David Tang and Luo Tao, the 
representatives  of  China  Nonferrous  Metals  and  Mining  Co.  Ltd ("CNMIM"), 
resigned as non-executive Directors on 14 October 2011. 
 
The  Board and CNMIM  will continue to  work together; despite the resignations, 
CNMIM  has  emphasised  that   all  options  in  respect of their holding in the 
company and participation in the project remain open. 
 
CNMIM  were entitled to appoint two directors  to the Board of Chaarat under the 
investment  agreement signed in 2009, based on  an interest of 20%  in the share 
capital  of Chaarat.  As  a result of  the placing completed  in March 2011, the 
holding of CNMIM was diluted to below 9%. 
 
Christopher  Palmer-Tomkinson, Chairman,  comments "We  wish to thank David Tang 
and  Luo Tao for  their valuable contribution  to Chaarat's development.  We are 
delighted that we will continue to work together as we move towards production." 
 
 
 For further information about the Company please contact: 
 
 Chaarat Gold Holdings Limited       +44 (0) 20 7499 2612 
 c/o Central Asia Services Limited   dekel@chaarat.com 
 Dekel Golan   CEO                   linda.naylor@chaarat.com 
 Linda Naylor  FD 
 
 Westhouse Securities Limited 
                                     +44 (0) 20 7601 6100 
 
 Tom Price                            tom.price@westhousesecurities.com 
 Richard Baty                         richard.baty@westhousesecurities.com 
 
 Bankside Consultants                +44 (0) 20 7367 8888 
 
 Simon Rothschild                     simon.rothschild@bankside.com 
 
 
 
Note to Editors: 
 
About Chaarat Gold 
 
Chaarat  Gold is an exploration and  development company operating in the Kyrgyz 
Republic.  The Company's main  activity is the  development of the Kiziltash and 
Tulkubash projects situated within the Middle Tien Shan Mountains of Kyrgyzstan, 
which  form part of the  Tien Shan gold belt.  The Company has delineated a JORC 
compliant  mineral resource of  4.736Moz at a grade  of 4.28g/t gold across both 
projects.   Chaarat's key objective is to become  a low cost gold producer; with 
initial  production  from  the  Tulkubash  project, targeting increased combined 
annual  production  of  over  200,000 ounces  as  the Kiziltash project comes on 
stream. 
 
Further information is available at www.chaarat.com 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Chaarat Gold Holdings Ltd via Thomson Reuters ONE 
 
[HUG#1555257]
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