Licensed Gold & Base Metals Asset Project in Turkiye

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Turkiye
Mining industry
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57
  • Licensed Gold & Base Metals Asset Project in Turkiye
  • Licensed Gold & Base Metals Asset Project in Turkiye
    Licensed Gold & Base Metals Asset Project in Turkiye
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    Description

    The Gold Mine Project is a licensed mining project located in Erzurum Province, northeastern Turkey. Discovered in 2010 and granted an operating license in 2017, the project represents a compelling early-stage development opportunity with strong geological potential across multiple metals. The asset is positioned within a mining-friendly jurisdiction with established infrastructure and access to export routes via the Black Sea.

    Investment Highlights

    Fully Licensed Asset

    • Mining operating license granted and active since 2017
    • Regulatory approvals secured, including EIA confirmation

    Strong Geological Potential

    • Gold grades of 3.48 – 3.58 g/t confirmed by official analysis
    • Economic viability typically achievable from ~1 g/t

    Multi-Metal Upside

    • Presence of gold, silver, copper, lead, and zinc
    • Potential for diversified revenue streams

    JORC-Based Exploration Work Completed

    • Independent geological and geophysical study completed (2019)
    • Identified high-potential zones and recommended drilling targets

    Strategic Location

    Located in Erzurum Province with:

    • Road access
    • Proximity to Hopa Port (90 km) for export
    • Nearby airports (Erzurum, Trabzon, Kars)
    • Access to electricity, water, and telecommunications

    Large Land Package

    • Total area: 1,500 hectares

    Market Context

    • Turkey produces approximately 30 tonnes of gold annually
    • Domestic demand is around 200 tonnes per year, indicating supply gap
    • Estimated national reserves: ~4,700 tonnes

    Development Opportunity

    • Transition from exploration to drilling and resource definition
    • Significant upside through further geological work
    • Opportunity to establish a mid-scale mining operation.

    The information in the catalog is not an exact offer. The parameters of the deal are specified during negotiations with the seller.

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    Price
    16,500,000 €
    1,450,180,050 ₽
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