Turkey Gold Targeting

Turkey

Archaeological studies show that historical mining in Turkey goes back more than 10,000 years. Mining played an important part in the development of ancient civilizations such as Phoenicians, Hitites, Phrygians, Lidyans, Romans, and Ottomans.

In 2015 Kenex worked closely with AIM-listed explorer Ariana Resources Plc (Ariana) to develop a 3D geological model for technical purposes and a 3D visualisation model for marketing purposes, in relation to their Kiziltepe mine development in the Red Rabbit project area in western Turkey.

Ariana is actively developing the Kiziltepe sector of the Red Rabbit project area. The Kiziltepe project area currently consists of five mineralised zones: Arzu South, Arzu North, Banu, Derya, and Kepez. Arzu South is the largest of the zones and trial mining was undertaken in this area during 2009. A series of additional mineralised zones of similar character are known within the project area. The Kiziltepe area is dominated by Miocene volcanic rocks, which host mineralised quartz veins. The gold mineralisation identified in the Sindirgi region is classified as a low sulphidation epithermal type including quartz veins, vein breccias, and stockworks. Silver mineralisation is present with the gold in both the mineralised quartz veins and the stockwork mineralised envelope around the veins.

Resources for the Kiziltepe area currently stands at 221,000 oz gold equivalent (JORC), but with less than 10% of the total vein system across the entirety of the Kiziltepe sector (34 km) defined to date being drill-tested, there is significant potential to grow the future resource base.

Kenex collaborated with Ariana Resources in 2012 to develop mineral potential maps for epithermal mineralisation in western Turkey (photo courtesy of Ariana Resources Plc).