Sydney-based private investment bank Far East Capital has committed Aus$2.6 million to help fund the development of Kentor Gold"s projects in Australia and the Kyrgyz Republic.

The funds will be used to support further exploration and drilling in key company projects including uranium exploration in the Dunmarra basin in the Northern Territory. Kentor has a 55% stake in Dunmarra Uranium and interest in 10 exploration licence applications in the basin, totalling 5474sqkm.

The funds will also support drilling on the Savoyardy Gold Project near the town of Osh in The Kyrgyz Republic as well as additional exploration and assessment of geo-thermal licences in five areas across the Kyrgyz Republic.