Baku, Azerbaijan, March 24. Anglo Asian Mining,
gold, copper and silver producer primarily focused on Azerbaijan,
is pleased to announce that it has mined the first ore from Gilar,
a new underground mine at the Gedabek site, Trend reports citing the
company.
Gilar deposit contains 6.10 million tonnes of mineralisation
with average grades of 0.88 per cent. for copper, totalling nearly
54,000 tonnes of copper, and 1.30 grammes of gold per tonne,
containing over 255,000 ounces of gold.
Earlier this month, Gilar’s first ore was mined, comprising
1,267 tonnes of ore grading an average of 0.65 per cent. copper
(with a maximum of 1.63 per cent copper) and 1.36 grammes of gold
per tonne (with a maximum of 3.27 grammes of gold per tonne). While
the mine development tunnels are being constructed, extracted ore
will be stockpiled until processing commences.
The Company expects to ramp up production steadily in the next
few months to achieve a monthly production target of around 50,000
to 60,000 tonnes of ore.
Gilar is a mineral deposit located approximately seven
kilometres from the Company’s processing facilities and close to
the northern boundary of the Gedabek Contract Area. The Company
commenced developing the Gilar underground mine in late 2022
following exceptional drilling results in the south of the
area.
The Gilar mine comprises two underground tunnels, a main
exploration tunnel,1,462 metres in length, that will be used for
future production and a second parallel tunnel for ventilation,
both of which are complete. The main exploration tunnel was
extended into the mineralisation in early March. Further mine
development tunnelling, including a spiral ramp to access the ore
body from multi-levels, is ongoing.