The current Turkish project porfolio covers eleven licence blocks totalling approximately 1,690 km2. The Turkish operations are managed from offices in Ankara and include a country manager supported by a strong team of geologists. Additional specialist exploration resources are provided through variable outsourcing contracts in order to minimise overheads.

The Group's current mineral prospects are all located in central and western Turkey, a region in which a considerable number of volcanic-associated gold and gold-copper deposits have been discovered during the past decade. Gold and copper mineralization in this part of the country is mostly associated with former centres of volcanic activity of Miocene (approximately 12 million years old) and younger.

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