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New Discoveries in Çöpler District
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Alacer Gold announced the drilling results from the exploration program of company in Çöpler district including Yakuplu Southeast, Yakuplu East, Yakuplu North and Bayramdere.

According to the announcement, oxide mineralization with the potential to contribute to the Çöpler production profile was identified. The mineralization has been identified in several prospects that can potentially be mined as a series of satellite open pits within 5km to 7km of the existing Çöpler Mine facilities.

Drilling results from the exploration program could be summarized as:

Yakuplu Southeast prospect is on the 80% Alacer-owned (Anagold) area and is characterized by gold-copper-silver mineralization which is oxidized and occurs from 0m to 50m of surface. Mineralization was found to extend over an area of 350m by 300m within a single near surface flat lying gossan, which was found to have grade continuity and varied in thickness from 2m to 16m. Metallurgical test work on diamond drill cores has defined the mineralization as having similar recovery characteristics to Çöpler oxide ore and that this material is suitable for processing at Çöpler Mine.

Yakuplu East prospect is on the 50% Alacer-owned (Kartaltepe) area and is a gold-copper prospect where the majority of mineralization is within 50m of surface and the prospect currently has a 350m strike extent and is 150m wide across-strike. The mineralized gossans have very good spatial and grade continuity; however, metallurgical test work indicates slightly lower leach recoveries than Çöpler oxide ores.

Yakuplu North prospect is a relatively new discovery and is located on the 50% Alacer-owned (Kartaltepe) area. The current understanding is there are multiple controls on mineralization with strong epithermal textures and associated structural overprints. This domain is over 40m wide and potentially mineralized over 1,000m; however, work to date has identified high grade gold over a strike length of 250m.

Bayramdere prospect is on the 50% Alacer-owned (Kartaltepe) area and is an oxide gold and copper prospect. Metallurgical test work completed on core reported better than Çöpler oxide ore leach recovery characteristics. Although a small prospect, Bayramdere is higher grade and can support a high strip ratio to access mineralization.

“One of our key objectives is to increase the oxide gold production at Çöpler through exploration in the Çöpler District.” said Rod Antal, CEO of Alacer Gold and added, “We have been focused on exploration targets near the Çöpler Mine that will provide us with the best opportunity to utilize the existing processing infrastructure at Çöpler, including the excess capacity on the heap leach pad.” Antal also stated, “The drilling results also indicate that there is potential for these prospects to be connected through a greater mineralized system, potentially leading to additional discoveries.”


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Keywords : Erzincan,  Copler,  Rod Antal,  Alacer,  Anagold,  Gold,  Copper  
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