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Exploration work for precious metals underway in Azerbaijan's Kalbajar

Economy Materials 30 January 2024 12:33 (UTC +04:00)
Exploration work for precious metals underway in Azerbaijan's Kalbajar
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, January 30. Exploration works for noble metals are being carried out in mine-cleared areas in Kalbajar, AzerGold CJSC Chairman of the Board Zakir Ibragimov said during the press conference dedicated to the results of 2023 activities, Trend reports.

"AzerGold" CJSC has started step-by-step geological exploration and prospecting works at the noble metal deposit "Tutkhun," located in the administrative territory of Kalbajar district, since 2022. The prospecting work is carried out only in the territories cleared of mines. "AzerGold" had planned to conduct research in the area of 273 square kilometers in the "Tutkhun" deposit, but exploration works were conducted in the area of 57 square kilometers, which was defined by the end of 2023. Preliminary results are satisfactory, and exploration is ongoing. Exploration is planned to start this year on another 32 square kilometers. Currently, ANAMA specialists are clearing the territory of mines and other unexploded ordnance," he added.

To note, AzerGold CJSC was established by the Decree of Azerbaijani President Ilham Aliyev dated February 11, 2015. AzerGold is one of the two companies engaged in gold and silver mining in Azerbaijan.

At present, AzerGold is engaged in the extraction and export of gold within the oxide (surface) phase of the development of the Chovdar gold deposit, from the Aghyokhush deposit within the first phase of its development (from November 2020), Marah (from July 23, 2021), and Tulallar (from February 2023).

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