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Anglo Asian Mining Plc
Summary
| Project: | Gedabek | |
|---|---|---|
| Deposit: | Ugur | |
| Location: | Azerbaijan | |
| Commodities: | Gold-Silver | |
| 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 Ugur deposit at the Gedabek project. Mineral resource estimate. Datamine International was requested by Azerbaijan International Mining Company Limited (Anglo Asian | |
| Resources: | (Resource, M+I): 4.46Mt @ 1.2g/t Au, 6.2g/t Ag | |
| CP/QP: | [Resources]: Stephen Westhead (Internal) | |
| ABSTRACT: | Datamine International was requested by Azerbaijan International Mining Company Limited (Anglo Asian Mining plc), to carry out an estimation of the mineral resources of the Ugur mineral deposit located in the Republic of Azerbaijan. This is the first resource estimate of the deposit given its recent discovery in 2016. The estimation was completed in accordance with The Joint Ore Reserves Committee (JORC), 2012, Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. The mineral resources estimation was carried out by taking into consideration all exploration data from the time of the discovery of the deposit in 2016. This report has been prepared taking into consideration the guideline of the JORC Table 1. The “Ugur” deposit is located within the locally defined Ugur exploration area. The Ugur gold deposit was discovered in 2016 by the Gedabek Exploration Group of Anglo Asian Mining who worked on the regional area of Ugur from 2014 year. Historical work on the area included regional mapping and large-scale regional geophysical programmes (magnetic and gravity) by Soviet geologists (however, the Ugur deposit itself was not discovered during this period of exploration). | |
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