BAKU, Azerbaijan, Jun. 16
By Nargiz Sadikhova - Trend:
Kazakhstan’s Tau-Ken Samruk national mining company is launching major geological exploration in four regions of the country, Trend reports with reference to Kazakhstan’s Ministry of industry and Infrastructural Development.
The exploration will be carried out in cooperation with Kazakhstan subsidiary of Australian Fortescue company, based on the owner-operator agreement signed June 16, 2020.
The exploration work will be carried out on a total area of approximately 18,000 square km in Karaganda, Almaty, Aktobe and Kyzylorda regions.
Within the first year, Kazakhstan Fortescue will acquire and analyze historical data and perform a large-scale regional airborne geophysical survey to collect magnetic and gravity data.
The geophysical survey will be complemented with detailed structural and geological interpretation and mapping, as well as complex ground-based geophysical surveys and drilling to define and test prospective areas for mineralization in subsequent years.
Kazakhstan Fortescue LLP is a wholly owned subsidiary of the Australian listed mining company Fortescue Metals Group Ltd.
Fortescue is a global leader in the iron ore industry, recognized for its culture, innovation and industry-leading development of world-class infrastructure and mining assets in Pilbara, Western Australia.
Tau-Кen Samruk National Mining Company is a vertically integrated company founded in order to ensure the effective operation of subsoil use in Kazakhstan.
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