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Zafar Maiden JORC Mineral Resource Completed
Zafar Maiden JORC Mineral Resource Completed.
About this update from Anglo Asian Mining Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6616I\n Anglo Asian Mining PLC\n 16 August 2021\n \n \n \n \n \n \n Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining\n \n \n \n 16 August 2021\n \n \n \n \n \n Anglo Asian Mining plc\n \n \n Zafar maiden JORC mineral resource completed - 8.5 million tonnes of mineralisation with average copper grade of 0.60 per cent. \n \n \n Anglo Asian Mining plc (\"Anglo Asian\" or the \"Company\"), the AIM-listed gold, copper and silver producer focused on Azerbaijan, is pleased to provide a maiden JORC\n \n Mineral Resource for its Zafar polymetallic deposit (the \"Zafar deposit\"). The Zafar deposit is situated in the central region of the Company's Gedabek contract area in western Azerbaijan and is approximately 1.5 kilometres from the existing Gedabek processing facilities. \n \n \n Zafar deposit highlights\n \n \n · \n 8.47 million tonnes of mineralisation with average grades of 0.60 per cent. copper, 0.47 per cent. zinc and 0.30 grammes per tonne of gold\n \n \n · \n In-situ Mineral Resource of 51,000 tonnes of copper, 82,000 ounces of gold and 40,000 tonnes of zinc\n \n \n · \n Over 200 metres of continuous mineralisation in the thickest intersection\n \n \n · \n 42 drill holes with a total length of 20,418 metres used for maiden Mineral Resource estimate of which 28 drill holes intersected mineralisation\n \n \n · \n Total drilling to date is nearly 27,000 metres of a planned 40,000 metres\n \n Mineral Resource estimate for the Zafar deposit at 31 May 2021\n Copper > 0.3 per cent. copper equivalent\n \n \n \n \n \n \n \n Tonnage\n million tonnes\n \n \n In-situ grades\n \n \n Contained metal\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Copper\n \n \n %\n \n \n \n \n \n \n \n Gold\n \n \n g/t\n \n \n \n \n \n \n \n Zinc\n \n \n %\n \n \n \n \n \n \n \n Copper\n \n \n kt\n \n \n \n \n \n \n \n Gold\n \n \n kozs\n \n \n \n \n \n \n \n Zinc\n \n \n kt\n \n \n \n \n \n Measured and indicated\n \n \n 8.21\n \n \n 0.60\n \n \n 0.31\n \n \n 0.48\n \n \n 49\n \n \n 81\n \n \n 39\n \n \n \n \n Inferred\n \n \n 0.26\n \n \n 0.68\n \n \n 0.07\n \n \n 0.31\n \n \n 2\n \n \n 1\n \n \n 1\n \n \n \n \n Total\n \n \n 8.47\n \n \n 0.60\n \n \n 0.30\n \n \n 0.47\n \n \n 51\n \n \n 82\n \n \n 40\n \n \n \n \n \n Note tha...