For thousands of other reports visit RSC's Mineral Intellingence Map
Anglo Asian Mining Plc
Summary
| Project: | Gedabek | |
|---|---|---|
| Deposit: | Gedabek, Gosha, Ordubad | |
| Location: | Azerbaijan | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 8/8/2019 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 8-8-2019: Anglo Asian Mining Plc announces an Exploration/Drilling Update report for its Gedabek, Gosha, Ordubad deposit at the Gedabek project. H1 2019 Geological Exploration Activities. Anglo Asian Mining PLC ("AAM" or the "Company"), the AIM listed gol | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stephen Westhead (Internal) | |
| ABSTRACT: | Anglo Asian Mining PLC ("AAM" or the "Company"), the AIM listed gold, copper and silver producer focused in Azerbaijan, is pleased to provide a summary of its geological exploration activities from 1 January to 30 June 2019 ("H1 2019") at its Gedabek, Gosha and Ordubad Contract Areas. Detailed reports of the Company's work programmes and exploration results for each Contract Area can be found following the links below in each relevant section and on its website (www.angloasianmining.com). Anglo Asian Director of Geology & Mining, Stephen Westhead, commented, "Exploration at all three Contract Areas has delivered very positive results. At Gedabek, we continue to evaluate the ZTEM anomalies with results showing mineralisation both on or near surface. Additionally, the continued exploration near our existing mines is still giving excellent results which should prolong their mine life. With the completion of the ventilation shaft from the Gedabek underground to surface, work can continue with the tunnelling allowing for the continuation of the underground exploration plan. "The near mine exploration at Gosha provides encouraging results especially the gold grades found in "Zone 5" below an existing adit in our underground mine. Robust grades have also been found in outcrop samples at Asrikchay. We are also commencing work on a target at Gosha, "Khatinca" which has very favourable geology. It is staring to become clear that Gosha is an underexplored property with excellent potential. The Ordubad area also continues to yield significant copper and gold results, further demonstrating the important potential of this region using modern exploration techniques. "We now have in place a programme to comprehensively explore all our three Contract Areas which is proceeding at a fast pace. Overall, the exploration and mining geology team continue to be enthusiastic at the potential to increase future reserves and grow the production outlook. This work is clearly demonstrating its promise to increase shareholder value." | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report