Risk and valuation analysis of the AKARCA Project |
Status Risk : Early Discovery |
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Title(s) of the AKARCA Project |
![](http://www.24hgold.com/24hpmdata/pub/eurasian.gif) | Eurasian Minerals Inc. Owner: 100% |
![](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company Profile Company Profile](http://www.24hgold.com/style/all/img/bouton/website.png) | ![All Projects All Projects](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company website Company website](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company project page](http://www.24hgold.com/style/all/img/bouton/website.png) |
Title | Company Profile | All Projects | Company website | Company project page |
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![](http://www.24hgold.com/24hpmdata/pub/centerra.gif) | Centerra Gold Inc Option on interest: 51% |
![](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company Profile Company Profile](http://www.24hgold.com/style/all/img/bouton/website.png) | ![All Projects All Projects](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company website Company website](http://www.24hgold.com/style/all/img/bouton/website.png) | ![](http://www.24hgold.com/style/all/img/bouton/website.png) |
Title | Company Profile | All Projects | Company website | Company project page |
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Centerra can earn a 50% interest in Akarca and Elmali by completing US$5,000,000 in exploration expenditures over four years. Within 30 days of completing the earn-in requirements, Centerra will also be required to pay EMX US$1,000,000. Centerra may earn an additional 20% in the properties, bringing the total to 70%, by spending a further US$5,000,000 over two years. |
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Location of the AKARCA Project |
The Akarca gold-silver property (pronounced "ak-ar-jaa") is located in northwestern Turkey.
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History of the AKARCA Project |
The property was discovered by Company geologists in 2006 by following-up regional stream sediment anomalies. The property is comprised of 135 square kilometers of EMX exploration licenses.
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Geology of the AKARCA Project |
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The geology at Akarca is dominated by Neogene-aged basin fill sedimentary rocks that unconformably overlie Paleozoic-aged schists and re-crystallized limestones. There are multiple zones of gold-silver vein mineralization that trend both northeast-southwest and northwest-southeast. The zones consist of parallel to sub-parallel quartz veins and veinlets.
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