AHLATCI DOĞAL GAZ DAĞITIM ENERJİ VE YATIRIM BIST:AHGAZ:
INDIRECT SUBSIDIARY AHLATCI ALTIN IŞLETMELERI HOLDS SEVEN GOLD MINING SITES IN YOZGAT
THE UMREK-2023 EXPLORATION TARGETS REPORT COVERS ONLY ONE OF THESE — LICENSE AREA NO. 201200128 IN SARIKAYA, SPANNING 1,968.67 HECTARES
ACCORDING TO THE REPORT, THE GEOLOGICAL MODEL IS BASED ON DETAILED MAPPING AND 56 DRILL HOLES (41 RE-LOGGED, 15 RC)
AN ESTIMATED 41.18 MILLION TONNES OF POTENTIAL ORE HAVE BEEN IDENTIFIED, WITH AN AVERAGE GRADE OF 0.70 G/T
THE PROJECT'S POTENTIAL IS CALCULATED AT APPROXIMATELY 927,000 OUNCES OF GOLD, VALUED AT AROUND USD 4 BILLION
THE MODEL IS CURRENTLY ASSESSED AT THE EXPLORATION TARGET LEVEL
WORK ON RESOURCE AND RESERVE REPORTS HAS BEGUN AND WILL BE SHARED WHEN COMPLETED
EXPLORATION OF THE REMAINING SIX SITES IS ONGOING
THE EARLIER PLAN TO BUILD A NEW PROCESSING FACILITY HAS BEEN REVISED, AND THE ORE WILL INSTEAD BE PROCESSED AT AN EXISTING PLANT NEAR THE SITE TO REDUCE COSTS AND ACCELERATE FINANCIAL IMPACT
AHLATCI ALTIN IŞLETMELERI WILL CONTINUE EVALUATING NEW GOLD MINING INVESTMENT OPPORTUNITIES IN LINE WITH ITS SUSTAINABLE GROWTH STRATEGY
Source text for Workspace:
Further company coverage: