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Our company has published that resource amount about Konak project. Our company management has decided to start drilling works due to converting the relevant resource amount into reserve.
In the first place, drilling will be done in 23 locations and the depth of the drillings is aimed to be between 800 m and 850 m by our company. These drillings will start in June with 5 drilling vehicle. We aim that these drillings will result in 5 months.
It is expectation that the amount of drilling to be made 20.000 m. Detailed metallurgical tests will begin with the completion of the relevant drillings.
Respectfully announced to the public. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.