Gold, copper and silver producer Anglo Asian Mining reported a new copper-gold discovery, Zafer, within the central region of its Gedabek contract area in western Azerbaijan. This discovery resulted from a regional exploration field mapping programme following the identification of structural trends by the ZTEM geophysics programme.

Anglo Asian Mining says initial phase of core drilling has commenced, which has provided significant mineralised intersections. “This discovery demonstrates our belief in the on-going potential of the Gedabek contract area and the effectiveness of our geological exploration programme,” says Chief Executive & President Reza Vaziri.

Source: morningstar.co.uk