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Emerging Goldfields overview and strategy – Sept 2020

Azatek

Drilling on Azatek site
Azatek concentrating mill territory
Azatek concentrating mill territory

Azatek Highlights

  • 1
    25 Year Lease - Granted November 23, 2012
  • 2
    Historical Drilling Expenditures – approx. $30 M
  • 3
    Azatek NPV – 10% discount at $1,800 an ounce $893 M
  • 4
    43-101 to be initiated
  • 5
    Strategy to allow early production, including tolling processing
  • 6
    Next stage development, smelter plant construction

Project Resources

The resource assessment carried out during modelling of the Azatek deposit is not final.  Data on the deposit’s resources will be supplemented and updated during the further exploration and confirming operations.

The mineral reserves have been estimated with reference to definition of the JORC Code (2012) (clause 29).  Mineral reserves are shown in short form in the table.  The mineral reserves are estimated on the basis of an economic parameters.

Cut-off grade of 1.1 g/t of gold equivalent was used to estimate the ore reserves in the open pits (recoverable ore reserves).

Technical Report JORC 2012 prepared by Barbar Consulting LLC  www.geocc.ru and CSA Global Pty Ltd www.csaglobal.com dated 16 August 2016.

EXTRA BENEFIT

Facilities included

  • Assisting senior consultants in every projects
  • Share best practices and knowledge.
  • Support sales for smaller-value transactions
  • Share best practices and knowledge.
  • Assisting senior consultants in every projects
  • Share best practices and knowledge.
  • Support sales for smaller-value transactions
  • Share best practices and knowledge.
  • Assisting senior consultants in every projects
  • Share best practices and knowledge.
  • Support sales for smaller-value transactions
  • Share best practices and knowledge.
Out cases

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