Overview
The Sisorta project is located in north-central Türkiye’s Eastern Pontides metallogenic belt. Gold mineralization is developed in the upper portions of a prominent lithocap of high sulfidation-style alteration, with copper and molybdenum showing enrichment at lower elevations. These broad zoning patterns are suggestive of an extensive magmatic-hydrothermal system.
The property was acquired via government auction in 2004, In 2016, the wholly-owned subsidiary that controls the Sisorta property was sold to Bahar Madencilik Sinayi ve Ticaret Ltd Sti (Bahar), a privately owned Turkish company. The terms of the sale include a US$250K up-front cash payment, annual cash payments, and NSR payments that can range from 3.5-5%. The NSR payments are uncapped and cannot be bought out or reduced.
Project Gallery
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