Anglo Asian Mining PLC, the AIM listed gold, copper and silver producer centered in Azerbaijan, has appointed Worley Europe Restricted as its contractor to finish the Xarxar and Garadag feasibility research.
Worley Europe Restricted is a part of Worley, a worldwide firm of vitality, chemical substances and assets specialists headquartered in Australia. It companions with prospects to ship initiatives and create worth throughout the lifetime of their belongings. The corporate is at present finalising a contract with Worley Europe Restricted for the research.
The feasibility research will assess the choices for copper heap leach processing and solvent extraction-electrowinning (SX-EW) for Xarxar and Garadag. This course of produces marketable copper metallic immediately on the mine web site, as an alternative of copper focus which must be exported to provide copper metallic by way of smelting and refining. That is the primary time it’s proposed that copper as copper metallic will probably be produced by the corporate or in Azerbaijan.
The feasibility research are anticipated to be finalised mid-2027 for Xarxar and the primary half of 2028 for Garadag.
The corporate can be planning a 90,000 m core drill program for 2026 and 2027. This includes each exploration drilling of round 55,000 m and drilling for the feasibility research of round 35,000 m. Core drilling has commenced at Xarxar with two drill rigs in operation. It’s anticipated that drilling will begin at Garadag within the September quarter of 2026.
The drilling for the feasibility research consists of geological infill drilling for mineral useful resource estimate updates, and geotechnical, hydrogeological, metallurgical and condemnation drilling at Xarxar (about 10,000 m) and at Garadag (about 25,000 m).
Stephen Westhead, Vice President of Anglo Asian Mining, mentioned: “Following a rigorous choice course of, we’re delighted to nominate Worley Europe Restricted as our contractor for the feasibility research at Xarxar and Garadag, which host over 1 Mt of copper metallic and are vital to our progress technique. These research, mixed with the related drilling program, will allow us to assemble the mines.
“Our licence areas nonetheless have vital potential for mineral discoveries. We’re persevering with our exploration programme which has traditionally been very profitable. The longer term roadmap for our transition to turn into a mid-tier multi-asset, copper and gold producer is obvious, and these initiatives will make sure the continued progress of the corporate as we proceed to ship shareholder worth.”
