Risk and valuation analysis of the Yusufeli Project |
Status Risk : Advanced discovery |
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Title(s) of the Yusufeli Project |
| Mediterranean Resources Ltd. Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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The Property is
fully owned by Mediterranean, subject to three conditions: (1) an initial payment of US$2,000,000 in
cash or securities upon commencement of commercial production; (2) a Net Smelter Royalty to be
paid to Teck Cominco on all mineral more... |
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Location of the Yusufeli Project |
The Yusufeli Property contains resource-delineation stage polymetallic exploration projects located
in the north-eastern Artvin Province of Turkey, southwest of the town of Yusufeli.
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History of the Yusufeli Project |
The earliest known mineral exploration in the area dates back to the early 1970s. There are historical
reports of shallow diggings and short adits, showing small-scale mining activities using primitive
methods.
In 1988, Cominco Madencilik, Cominco more...
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