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Anglo Asian Mining Plc
Summary
| Project: | Gedabek | |
|---|---|---|
| Deposit: | Gadir Underground | |
| Location: | Azerbaijan | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 6/18/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 18-6-2019: Anglo Asian Mining Plc announces a Resource Estimation report for its Gadir Underground deposit at the Gedabek project. Ore Reserve Report. Anglo Asian Mining PLC. (“AAM”; London Stock Exchange Alternative Investment Market (AIM) ticker “AA | |
| Resources: | (Reserve, P+P): 797Mt @ 2.73g/t Au, 11.86g/t Ag, 0.17% Cu | |
| CP/QP: | [Overall Report]: Stephen Westhead (Internal) | |
| ABSTRACT: | Anglo Asian Mining PLC. (“AAM”; London Stock Exchange Alternative Investment Market (AIM) ticker “AAZ”) are pleased to provide a maiden Ore Reserve estimate for the Gadir Mine, an underground polymetallic (gold-silver-copper-zinc; “Au-Ag-Cu-Zn”) mine, located adjacent to the city of Gedabay in the Republic of Azerbaijan. Datamine International Limited (“Datamine”) was requested by AAM to carry out the maiden Mineral Resource estimation [1]* and were subsequently requested to complete Ore Reserves calculations. Datamine completed a number of activities such as underground mine optimisation, mine design, scheduling and an economic assessment. Gadir resources have previously been reported as part of the Gedabek deposit (to Inferred, so not included during Ore Reserve calculation in [2]) but have now been separated. | |
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