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IN BRIEF: Anglo Asian Mining Reports New Discovery At Gedabek

Tue, 19th Jan 2021 16:52

Anglo Asian Mining PLC - gold, copper and silver producer - Reports a new copper-gold discovery, Zafer, within the central region of its Gedabek contract area in western Azerbaijan. This discovery resulted from a regional exploration field mapping programme following the identification of structural trends by the ZTEM geophysics programme. Anglo Asian Mining says initial phase of core drilling has commenced, which has provided significant mineralised intersections. "This discovery demonstrates our belief in the on-going potential of the Gedabek contract area and the effectiveness of our geological exploration programme," says Chief Executive & President Reza Vaziri.

Current stock price: 127.00 pence, up 2.8% on Tuesday

Year-to-date change: down 5.9%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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