| LICHKVAZ - Ter/ TERTERASAR Project |
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LICHKVAZ - Ter/ TERTERASAR |
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Country |
Armenia
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Province |
Syunik |
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Close to |
Yerevan |
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Status |
MINE DEVELOPMENT
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Mining District |
Tethyan belt |
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Legends
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| Risk and valuation analysis of the LICHKVAZ - Ter/ TERTERASAR Project |
| Status Risk : Mine development |
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| Title(s) of the LICHKVAZ - Ter/ TERTERASAR Project |
 | Iberian Resources
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| The key asset of Iberian resources (now 86% owned by TMR) is
the Lichkvaz Gold Mine in southern Armenia. |
 | Tamaya Resources Limited
Interest: 86% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Tamaya has acquired a majority 86.2% interest in Iberian Resources Limited.The integration of Iberian and its near production gold mine in Armenia is well underway. And the business is well positioned to exploit a significant gold resource at Iberian’s assets in Armenia . |
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| Location of the LICHKVAZ - Ter/ TERTERASAR Project |
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Lichtvadz-Tei and Terterasar are located in the southern Armenia province of Syunik.
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| History of the LICHKVAZ - Ter/ TERTERASAR Project |
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The mine has experienced a significant amount of development over its life, with substantial declines and adits already in place. Since ownership of the asset by Iberian (IBR), the infrastructure has been upgraded (left). There is good access at the site, with sealed roads, power and plenty of water.
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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