Anglo Asian Mining announce first ore mined from Gilar

A maiden JORC mineral resources estimate was published on 11 December 2023, confirming the Gilar deposit contains 6.10 million t of mineralisation with average grades of 0.88% for copper, totalling nearly 54 000 t of copper, and 1.30 g/t of gold, containing over 255 000 oz of gold.

Earlier this month, Gilar’s first ore was mined, comprising 1267 t of ore grading an average of 0.65% copper (with a maximum of 1.63% copper) and 1.36 g/t of gold (with a maximum of 3.27 g/t of gold). While the mine development tunnels are being constructed, extracted ore will be stockpiled until processing commences.

The company expects to ramp up production steadily in the next few months to achieve a monthly production target of around 50 000 to 60 000 t of ore.

Reza Vaziri, CEO of Anglo Asian, commented:

“We are delighted to announce the first ore mined from Gilar, making a key milestone in our development of this exciting underground deposit. After years of exploration and development works, I wish to thank all the team for their hard work in enabling this achievement.

“With over 54 000 t of copper and 255 000 oz of gold confirmed, Gilar is set to play a crucial role in our strategy to transition to a mid-tier, primarily copper-focused, producer. Having successfully mined 1267 t of ore, we are now focusing on ramping up production to our monthly target of 50 000 to 60 000 t.”

Read the article online at: https://www.globalminingreview.com/mining/24032025/anglo-asian-mining-announce-first-ore-mined-from-gilar/