Business
Q4 2019 Geological Exploration Activities
Q4 2019 Geological Exploration Activities.
About this update from Anglo Asian Mining Plc
[{"type":"text","content":"\n \n \n RNS Number : 8064D\n Anglo Asian Mining PLC\n 24 February 2020\n \n \n \n \n Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining\n \n \n 24 February 2020\n \n \n Anglo Asian Mining plc\n \n \n Q4 2019 Geological Exploration Activities\n \n \n Gedabek, Gosha and Ordubad Contract Areas\n \n \n \n \n \n \n \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 its very extensive and productive geological exploration activities from 1 October to 31 December 2019 (\"Q4 2019\") at its Gedabek, Gosha and Ordubad Contract Areas. \n \n \n Positive results were achieved in all three contract areas. Detailed reports of the Company's work programmes including drill hole data and other exploration results for each contract area can be found following the links below in each relevant section and on the Company's website (\n \n www.angloasianmining.com\n \n ).\n \n \n \n \n \n Highlights\n \n \n \n \n \n Gedabek\n \n \n · \n Significant exploration completed at Avshancli district - 128 outcrop samples, 296 metres of trenching and nine surface drill holes completed\n \n \n o \n Good reportable grades returned from both outcrop sampling and trenching\n \n \n o \n Nine surface drill holes of total length 1,732 metres returned good gold and copper grades\n \n \n · \n Small scale ground-based geophysics (magnetic) study completed at Avshancli-1 identified significant magnetic anomalies\n \n \n · \n Drilling at Gilar commenced with four drill holes totalling 692 metres completed\n \n \n o \n Presence confirmed of gold quartz vein\n \n \n · \n Surface and underground drilling carried out at Gadir \n \n \n o \n Current productive mineralisation footprint further extended both laterally and down dip\n \n \n · \n A further 488 metres of underground tunnelling completed from Gadir towards Gedabek underground\n \n \n · \n Four surface drill-holes completed at Ugur totalling 1,509 metres\n \n \n o \n Positive results with copper grades returned approaching two per cent. \n \n \n · \n Six holes totalling 1,475 metres at the Gedabek open pit and one hole of 727 metres completed at the adjacent area Duzyard\n \n \n · \n Work commenced at a new ZTEM target designated \"...