BGC Partners: KOZAL- SL POSITIVE.. KOZAL announces mineral resource estimate report at its Karapinar project…
Koza Altin announces mineral resource estimate report at its Karapinar project, sl positive… The Karapinar Project (appx. 1,881 ha) is located 18 km southeast of Canakkale, immediately north of the Karapinar Village. The Karapinar project area was previously studied by foreign exploration companies. Koza acquired the Karapinar license at auction in 2007; the license is valid through May 7, 2022. Koza started its diamond drilling program at the project in 2018 and completed the first stage in 2019; further exploration and drilling program will be carried on in 2020.Koza Altin Isletmeleri AS. Koza Altin Isletmeleri AS is a Turkey-based company established to explore and operate gold mines in Turkey. The Company had a gold production of approximately 338,182 ounces in the 12 months of 2012. As at 31 December 2012, it had 53 operating licenses and 406 exploration licenses throughout Turkey in the Aegean and Marmara regions, the Black Sea region and Central and Eastern Anatolia. The Company owns four operating mines: an underground mine at Ovacik, a mine at Mastra & Cukuralan where it utilizes both underground and open pit mining methods, a mine in Cukuralan where it utilizes both underground and open pit mining methods and an open pit mine at Kaymaz.
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