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Koza Gold has announced that data of exploration activities and amount of drilling due to inquiries to investor relations department on the 7 of december, 2020.
Drilling processes proceed uninterruptedly in potential and existing projects in the our company's licenses. The amount of core drilling has increased from 13.320m to 51.217 between 1Q20 and 1Q21. The amount of core drilling has risen by 284 percent compared the same period last year.
Koza Gold carries out exploration activities with amount of 35 drilling vehicle. The sample analyzes taken as a result of all these drillings and other geological studies were carried out by the laboratories of ALS Chemex (Australian Laboratory Service), an international company. Mining operations of Koza Gold in 2021 are in rapport with SRK Consulting USA reserve and resource studies.
In addition to the above ,exploration activities with 8 drilling vehicle of Koza Gold continues for the purpose of improve reserve and resource in Karapınar project.
Furthermore, carrying out metallurgical test studies of within Koza Gold and abroad are on going in relation to the Mollakara project. Detail engineering studies for facility conscratcition which is planning in this project, has begun on 15 of April,2021. Exploration studies for the purpose of improving reserve and resource in the Mollakara project proceed with 4 drilling vehicle.
Respectfully announced to the public. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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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.