CLOSED JOINT-STOCK COMPANY AZERGOLD The beginning of active geological exploration on the ore field “Goydag” located on the territory of the Nakhchivan Autonomous Republic of Azerbaijan.
Since June of this year, geologists of the joint stock company began drilling at the Oritaratend-Khanaga gold deposits and copper “Ortaland”. According to the approved plan, at the initial stage it is planned to drill 31 wells with a total depth of 5,000 meters at the ORAKAND-HANAGA gold deposit and 13 wells with a total depth of 3,000 meters at the Copper-Porphyman Oritand. In parallel, the analysis of the samples taken will be carried out in the laboratory.
The “Ortaland-Hanaga” site, located in the north-east of the Julfinsky district, is distinguished by potential prospects from the point of view of the detection of specific gold, complex copper-porphy and epithermal sulfide ores. The deposit registered copper-porphy fields “ORAKEnd”, gold – “Bashkend-Khanaga”, the indigenous deposits “Bashkend”, “Orekhend-Khanaga” and a number of polymetallic mineralization points.
Azergold CJSC in 2017 conducted geophysical work on the Oritaratend-Hanaga section. The results were analyzed with the participation of domestic and foreign specialists. In 2018, 30 exploratory wells were drilled with a volume of 5,800 meters. Total today is taken and analyzed 2,879 samples. According to the results of search engines and laboratory analyzes, a decision was made to continue exploration in 2021. Upon successful completion of geological exploration, it is planned to develop a joint action plan with international authoritative consulting companies as part of work on stocks, approval and preparation for deposits.