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UK's Anglo Asian Mining discovers new gold deposit in Azerbaijan

Economy Materials 3 March 2022 16:29 (UTC +04:00)

BAKU, Azerbaijan, Mar. 3

By Sadraddin Aghjayev - Trend:

UK’s Anglo Asian Mining (operator on development of gold deposits in Azerbaijan) has discovered a new copper-gold deposit, to the south of the main Gosha gold mine [Tovuz district], Trend reports referring to the company.

According to the company, a new gold-copper-porphyry deposit named ‘Hasan’ was discovered on the territory of the Gosha licensed area.

Gold production from the Gosha and the Vejnaly deposits is anticipated in the second half of 2022.

Anglo Asian Mining’s CEO Reza Vaziri said that the company is doing the necessary work to prepare for the assessment of the mineral resources of the new deposit and determine the best way for its commercial operation.

The company’s Vice President Stephen Westhead informed about the commencement of drilling work at the new deposit.

"At Gosha, geological structural mapping of the Hasan gold vein is now underway, along with planning for the underground development. Project development and planning of ore extraction for the Zafar deposit is progressing well," Westhead said.

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