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Zafar mine design complete and construction starts

Zafar mine design complete and construction starts.

articleAnglo Asian Mining PlcFebruary 21, 20234/company/anglo-asian-mining-plc/news/zafar-mine-design-complete-and-construction-starts
Zafar mine design complete and construction starts

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[{"type":"text","content":"\n \n 21 February 2023\n \n \n Anglo Asian Mining PLC\n \n \n \n \n Mine Design completed and start of construction at Zafar\n \n \n \n  \n \n \n Anglo Asian Mining PLC (\"Anglo Asian\" or the \"Company\"), the AIM listed gold, copper and silver producer focused in Azerbaijan, is pleased to announce it has completed a Mining Scoping Study (the \"Mining Study\") for the Zafar underground mine. Development work and the construction of two portals has also started.\n \n \n  \n \n \n The Mining Study included a review of geotechnical conditions, optimal mining methods and mine scheduling and design. The mine will be constructed using sub-level caving (\"SLC\") supplemented by sub-level open stoping (\"SLOS\") on the margins of the mineralised zone. A primary haulage decline to access the ore body and a parallel ventilation decline are being constructed. The ventilation decline can be used as an escapeway which reduces risk. A schematic of the proposed design is shown in Figure 1.\n \n \n  \n \n \n The Zafar mine has JORC Mineral Resources\n of 28,000 tonnes of copper, 73,000 ounces of gold and 36,000 tonnes of zinc.\n The design is based on ore production of 700,000 tonnes per annum and a 0.5 per cent. copper equivalent cut-off grade.\n \n \n  \n \n \n The Mining Study was compiled by Mining Plus Pty Ltd and is available at\n \n https://www.angloasianmining.com/operations/zafar/\n \n and\n \n \n http://www.rns-pdf.londonstockexchange.com/rns/5010Q_1-2023-2-20.pdf\n \n \n  \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Figure 1: Isometric view of the Zafar mine- dual decline mine design. Looking north-east\n \n \n \n Construction has started on the two portals which are about 850 metres away from the Company's existing processing facilities and about 1,000 metres from the mineralisation with a design gradient of 1:11. Earthworks for the twin portals, power and compressor areas and a large laydown area for equipment have been completed. The Company is in the process of establishing a mine office, a workshop and heavy equipment maintenance facilities. Images of the portals and the surrounding area are shown in Figure 2.\n \n \n \n \n \n \n \n Figure 2: Images of the portal and surrounding...

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