Business
Overall Progress of Exploration Programme
Overall Progress of Exploration Programme.
About this update from Anglo Asian Mining Plc
[{"type":"text","content":"\n \n \n RNS Number : 8078D\n Anglo Asian Mining PLC\n 24 February 2020\n \n \n \n Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining\n 24 February 2020\n Anglo Asian Mining plc\n Overall Progress of Exploration Programme\n Planned Exploration Work for 2020\n \n Anglo 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 the overall progress of its exploration programme. The Company also provides details of its planned exploration in 2020 at its Contract Areas (\"CA\").\n Highlights\n Gedabek\n \n · Work defining further mineable lateral and down-dip mineralisation at Gadir is ongoing and showing good results\n \n · The tunnel development towards the mineralisation target below the Gedabek open pit is advancing at a good pace\n \n o The tunnel will be extended to enable the construction of drill chambers to test the down-dip extensions\n \n o The very important milestone of extending the tunnel from Pit four to Pit six to be achieved in 2020\n \n · Publication planned of new Resource and Reserves statements for Gedabek open pit in 2020\n \n · Follow-up geophysics planned on the exciting copper mineralisation intersections adjacent to the Ugur deposit\n \n · Ground-based geophysics at Avshancli to be carried out to target drilling for resource estimation\n \n · Further exploration at mineralisation occurrences at Söyüdlü, Maarif and Bittibulag in 2020\n Gosha\n \n · Recent early stage exploration of Gosha fully supports the case for further exploration\n \n · Further work planned in 2020\n \n o Drill programme for Asrikchay as well as reinterpretation of electrical geophysics to target polymetallic mineralisation\n \n o Investigation of subsurface potential beneath Gosha\n \n o Surface core drilling to test targets outside of 'Zone 5'\n \n · \n \n Ordubad\n \n · Work at Ordubad is extremely encouraging with significant grades intersected at both Dirnis and Keleki\n \n o Further surface geological mapping, trenching and sampling focused around Aylis, Dirnis, Keleki and Urchurdag planned\n \n · Future drill locations to be determined through geological modelling and mineral targeting with the aim to prioritise locations for resource drilling\n \n · Preparation of a new ge...