The Group currently has no activities at its contract areas within the occupied territories. They will be developed as the political situation allows.
Anglo Asian Mining PLC’s main operations span three contract areas in Azerbaijan covering 1,062 square kilometres: Gedabek, Gosha & Ordubad
The Company holds mining and exploration rights for a minimum period of 15 years from 26 February 2007 over the 300 square kilometres Gedabek Contract Area
The Group’s second mining project, the 300 square kilometre Gosha contract area is located in western Azerbaijan, 50 kilometres north-west of Gedabek
The 462 square kilometre Ordubad Contract Area is in the Nakhichevan region of Azerbaijan
Key to the future development of the Gedabek site is the knowledge of the mineral resources and ore reserves within the Company’s contract areas.