The drilling also uncovered incidences of coarse and bonanza grade gold (30.27 g/t) and silver mineralisation
() is increasingly confident its Kizilcukur deposit can become a satellite for its existing mine in Turkey after drilling returned high-grade indications of gold.
Kerim Sener, managing director, said that the mineralisation encountered within the top 40 metres of the Zeki vein system at Kizilcukur showed sufficiently high grades and widths to support an open pit operation.
The drilling also uncovered incidences of coarse and bonanza grade gold (30.27 g/t) and silver mineralisation, all of which was highly encouraging he said.
Work is now underway to assess the cost of transporting ore from Kizilcukur to the processing plant already in operation at the Kiziltepe mine.
A haulage access route to connect the trial mining area to the road network has been built with a resource estimate to be prepared on Kizilcukur ahead of a final decision.
Shares rose 5% to 2.15p.
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