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H1 2019 Geological Exploration Activities

H1 2019 Geological Exploration Activities.

articleAnglo Asian Mining PlcAugust 8, 20195/company/anglo-asian-mining-plc/news/h1-2019-geological-exploration-activities
H1 2019 Geological Exploration Activities

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[{"type":"text","content":"\n \nRNS Number : 3846I Anglo Asian Mining PLC 08 August 2019  \n\nAnglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining\n8 August 2019\nAnglo Asian Mining plc\nH1 2019 Geological Exploration Activities\nGedabek, Gosha and Ordubad Contract Areas\n \n \nAnglo 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).\n \nHighlights\n \nGedabek\n·    Significant progress made on ZTEM targets:\no  Primary ranking completed and exploration started over entire region\no  325 outcrop samples collected at Korogly and Zehmet - as previously reported gold grades of up to 95.40 grammes per tonne\no  Trenching completed at Zehmet with gold grades of up to 3.44 grammes per tonne and 2.09 per cent. copper\no  Outcrop sampling commenced over an additional eight shallow epithermal/porphyry targets\n·    Eight diamond drill-holes totalling 949 metres completed around the Gedabek open pit with economic gold grades intersected in all drill-holes with gold grades of up to 11.05 grammes per tonne\n·    Ventilation shaft completed from the Gedabek underground tunnelling to surface which will allow for continued underground development and exploration \n·    At Gadir, a total of 101 diamond drill-holes were completed comprising three deep surface exploration drill-holes, 33 underground exploration drill-holes and 65 underground drill-holes to increase stoping confidence with gold grades of up to 11.09 grammes per tonne \n \nGosha \n·    Mineralisation at depth confirmed in an area (\"Zone 5\") below an existing adit of the Gosha underground mine:\no  1,897 metres of diamond drilling completed with gold grades of up to 5.92 grammes per tonne\n·    Exploration started at a target \"Khatinca\" which has similar geology to the existing Gosha underground mine\n·  ...

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