Posted on 14 February 2011
Anatolia Minerals begins drilling for gold in Turkey
Anatolia Minerals Development Limited has announced the commencement of drilling operations at the Copler Gold Project in eastern central Turkey. Edward Dowling, President and CEO of Anatolia, stated, “We have great expectations that there is potential to add higher-grade tonnage to the gold sulfide resource at Copler.”
Anatolia Minerals, recognized as a leader in exploration and development in Turkey, is developing the Copler Gold Project in partnership with Calik Mining. According to the initial plans, approximately 1.3 million ounces of gold at a cash cost of around USD 260 per ounce is to be produced. The first gold pour at Copler is expected in 2010 with annualized production of about 175,000 ounces of gold per year anticipated by mid-2011.
Anatolia is a licensed Turkish limited corporation with headquarters in Denver, Colorado and exploration offices in Ankara, the capital of Turkey.
18 September 2009 Invest in Turkey (Newswire.ca)