Azatek
Ownership
Emerging Goldfields owns 80% of the asset, Vayk Gold LLC
Stage
Development
Deposit type
Polymetallic, porphyry, Au Ag, Sb, Pb, Zn, Cu
Asset overview
- Gold copper resource with potential porphyry at depth
- Located in the Vayk region of the Republic of Armenia
- 139 km south of Yerevan
- Asset acquired 2012
- Permit granted for mining operation valid until 2037
- Licensed area covered with network of gravel and earth roads
- Power and water access
Geology & mineralization
- Geological mapping of the ore body suggests the presence of felsic intrusive among the volcanic sedimentary rocks of the middle Eocene age
- Gold, lead and antimony mineralization appear to be related
- Zinc and silver related to volcanic units
Voskedzor
Ownership
Emerging Goldfields owns 80% of the asset, Geghi Gold LLC
Stage
Exploration
Deposit type
Polymetallic, porphyry, Au Ag, Pb, Zn, Cu
Asset overview
- Gold copper resource with potential porphyry at depth
- Located in the Syunik region of the Republic of Armenia
- Developed infrastructure
- Access to power
- Asset acquired in 2016
- Drilling and mine work conducted in 2014
- 69 holes (13,652m)
Exploration plan
- Geochemistry, geophysics and geological mapping to define new drilling targets
- Preliminary RC drilling, verified by diamond drilling
- Metallurgical studies
Archut
Ownership
Emerging Goldfields owns 80% of the asset, Copper Plus LLC
Stage
Exploration
Deposit type
Polymetallic, porphyry, Au Ag, Pb, Zn
Asset overview
- Located in the Lori province of Armenia
- 139 km south of Yerevan
- System of parallel quartz veins intruding volcanic rocks
- Discovered in 1966
- Detailed exploration work conducted intermittently until 2013
- We have resampled selected trenches
- Geological mapping and surveys completed
Exploration plan
- Full exploration program required
- Evaluation of project potential
- Opportunity to develop resource by defining new targets and conducting drilling program