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Analyst and Investor Site Visit

3 Oct 2017 11:30

RNS Number : 5575S
Georgian Mining Corporation
03 October 2017
 

Georgian Mining Corporation / EPIC: GEO / Sector: Natural Resources

3 October 2017

Georgian Mining Corporation

Analyst and Investor Site Visit

 

Georgian Mining Corporation ('GEO' or the 'Company') hosted an investor and analyst site visit over the past three days on location in Georgia.

 

The visit included a tour of GEO's JV partner's operating gold and copper mines as well as the Kvemo Bolnisi East project where drilling continues.

 

No new material information was disclosed during the course of the site visit.

 

To view a version of the announcement which includes photos taken during the site visit, please click the following link:

 

 

http://www.rns-pdf.londonstockexchange.com/rns/5575S_-2017-10-3.pdf 

 

**ENDS**

 

For further information please visit www.georgianmining.com  or contact:

 

Greg Kuenzel

Georgian Mining Corporation

Company

Tel: 020 7907 9327

Ewan Leggat

S. P. Angel Corporate Finance LLP

Nomad & Broker

Tel: 020 3470 0470

Soltan Tagiev

S. P. Angel Corporate Finance LLP

Nomad & Broker

Tel: 020 3470 0470

Damon Heath

Shard Capital Partners LLP

Joint Broker

Tel: 0207 186 9950

Frank Buhagiar

St Brides Partners Ltd

PR

Tel: 020 7236 1177

Susie Geliher

St Brides Partners Ltd

PR

Tel: 020 7236 1177

 

About Georgian Mining Corporation

Georgian Mining Corporation has 50% ownership and operational control of the Bolnisi Copper and Gold Project in Georgia, situated on the prolific Tethyan Belt, a well-known geological region and host to many high-grade copper-gold deposits and producing mines. The Bolnisi licence covers an area of over 860 sq km and has a 30-year mining licence with two advanced exploration projects; Kvemo Bolnisi and Tsitsel Sopeli. These projects are nearby existing mining operations owned by the Company's supportive joint venture partner. Georgia has an established mining code and is a jurisdiction open to direct foreign investment.

 

The Company is developing the project in three phases:

· Phase 1: H1 2017 target to delineate a minimum of 1-2 Mt to support initial spare capacity (now achieved and exceeded)

· Phase 2: 2017 target to delineate a 3-5 Mt resource of combined copper-gold sulphide and gold oxide mineralisation (achieved)

· Phase 3: Long term target - to delineate a resource of 50Mt+

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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