Proactive Investors - Run By Investors For Investors

Anglo Asian Mining briefs investors on 2017 field campaign

Anglo Asian's 2017 exploration programme has set it up nicely for further work in 2018
gold and dollars
Anglo Asian is already generating significant amounts of cash from gold production at Gedabek

Anglo Asian Mining Plc (LON:AAZ) has released a report outlining the objectives and achievements of its 2017 exploration programme.

A copy of the report can be found here: http://www.angloasianmining.com/operations/

READ: Anglo Asian Mining embarks on major, three-year rolling exploration programme in Azerbaijan

The company states that it drilled 106 surface core drill holes at Gedabek, amounting to 13,681 metres, with a further 115 reverse circulation drill holes completed for a total of 7,870 metres.

The company also completed 63 underground core drill-holes totalling 5,042 metres.

The exploration results obtained provided a solid foundation for the recently announced 2018 geological programme, including revealing the presence of further mineable copper and gold ores at Gedabek

In addition, the presence of mineralisation beneath the Gedabek open pit was established, and a new prospect at Soyudlu was discovered.

 

View full AAZ profile View Profile

Anglo Asian Mining PLC Timeline

Related Articles

1511784968_shutterstock_249210421-(1).jpg
June 21 2018
The company's key operations are located in South Africa, Ghana and Kenya.
A photo of gold nuggets
December 17 2018
A series of acquisitions has made the Vancouver-based company the third-largest land holder in the Pilbara region, with more than 2,800 square kilometers, 20 exploration licenses and five mining leases
1552479702_Greatland-landholding-map.jpg
March 13 2019
The ongoing staking rush in Paterson is now beginning to bear fruit, for Newcrest and others

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use