Business
Exploration Update: Gedabek and Gosha
Exploration Update: Gedabek and Gosha.
About this update from Anglo Asian Mining Plc
[{"type":"text","content":"\n \nRNS Number : 3254X Anglo Asian Mining PLC 29 April 2019 \n\nAnglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining\n29 April 2019\n \nAnglo Asian Mining plc \nGedabek and Gosha Contract Areas\nHelicopter Survey Identified Multiple New Targets at Gedabek\nAdditional Mineralisation confirmed at the Gedabek Open Pit\n New Copper-Gold Discovery at Gosha\n \nAnglo Asian Mining plc (\"Anglo Asian\" or the \"Company\") the AIM listed gold, copper and silver producer focused in Azerbaijan, is pleased to provide a summary of its successful 2018 geological exploration activities at its Gedabek (\"Gedabek\") and Gosha (\"Gosha\") Contract Areas. A detailed report of the Company's 2018 exploration work programme and results reported according to the JORC Code (2012) can be found on its website www.angloasianmining.com/operations. A separate report has also been released today summarising the results of the helicopter-borne geophysics survey which was originally announced on 21 November 2018.\n \nHighlights \n \nGedabek\n· Completed a 3,385 linear kilometre helicopter-borne electromagnetic and magnetic survey which successfully identified multiple highly promising and prospective mineral targets - a summary of the results of this survey has been separately released today\n· Existence confirmed of further valuable mineable copper and gold extensions through drilling at the northern and southern margins of the current Gedabek open pit \no Increased ore footprint will be included in the 2019 Gedabek Mineral Resources and Ore Reserves update, in accordance with the JORC Code\n· Confidence increased in the production profile at Gadir following drilling which confirmed the continuation of the orebody down-dip and potentially along strike\n· Additional mineable mineralisation confirmed beneath the Gedabek open pit which will be the subject of further underground evaluation\nGosha\n· New discovery of polymetallic mineralisation from drilling at the Asrikchay target (\"Asrikchay\") area which is situated seven kilometres north of the existing Gosha underground mine\no Significant polymetallic drill-hole intersection found with weighted grade averages from 22...