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Subscribe Write Us Search on Ebay : PRECIOUS METALS (US $) Gold 1386.00 23.20 Silver 22.45 0.24 Platinum 1456.00 -4.50 Palladium 732.80 -9.45 WORLD MARKETS DOWJONES 15307 -80 NASDAQ 3463 -39 NIKKEI 14484 -1143 ASX 5041 -101 CAC 40 3949 -102 DAX 8310 -221 HUI 257 3 XAU 97 -3 CURRENCIES (€) AUS $ 1.3339 CAN $ 1.3345 US $ 1.2879 GBP (£) 0.8548 Sw Fr 1.2440 YEN 130.3450 CURRENCIES ($) AUS $ 1.0363 CAN $ 1.0358 Euro 0.7763 GBP (£) 0.6634 Sw Fr 0.9660 YEN 101.1820 RATIOS & INDEXES Gold / Silver 61.74 Gold / Oil 14.43 Dowjones / Gold 11.04 COMMODITIES Copper 3.29 -0.08 WTI Oil 96.05 -0.11 Nat. Gas 4.22 0.03 Market Indices Metal Prices Web Services RSS Free Charts Precious Metals Graph Generator Statistics Statistics by Country Statistics by Metals Mining Companies Advertise on 24hGold Projects on Google Earth LICHKVAZ - Ter/ TERTERASAR Project LICHKVAZ - Ter/ TERTERASAR Country Armenia  Province Syunik Close to Yerevan Status MINE DEVELOPMENT  Mining District Tethyan belt Legends Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby Produces Develops Explores for Risk and valuation analysis of the LICHKVAZ - Ter/ TERTERASAR Project Status Risk : Mine development Country Risk : Important Resource Risk : 50.00% In situ value 1,645,571,860 $     Link to technical report Title(s) of the LICHKVAZ - Ter/ TERTERASAR Project Iberian Resources Owner: 100% Title Company Profile All Projects Company website Company project page The key asset of Iberian resources (now 86% owned by TMR) is the Lichkvaz Gold Mine in southern Armenia. Tamaya Resources Limited Interest: 86% Title Company Profile All Projects Company website Company project page 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 . Location of the LICHKVAZ - Ter/ TERTERASAR Project Lichtvadz-Tei and Terterasar are located in the southern Armenia province of Syunik.   History of the LICHKVAZ - Ter/ TERTERASAR Project 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.   Reserves and resources of the LICHKVAZ - Ter/ TERTERASAR Project Tonnage Grade Reserves and resources Silver Gold Silver Gold g/t g/t oz oz  Mesured and Indicated 8,860,000 23.90 3.78 6 808 049 1 076 754  Total 8 860 000 6 808 049 1 076 754 Definitions Reserves and resources of the LICHKVAZ - Ter/ TERTERASAR Project Metal Total Reserves Resources Unit In situ value Proven Probable Proven and Probable Mesured and Indicated Inferred  Gold 1 076 754 1 076 754 oz 1 492 381 353 US$  Silver 6 808 049 6 808 049 oz 152 840 704 US$ Exploration and drilling 12/20/2006 Announces Restructuring of Lichkvaz Gold Joint Venture in Ar... Disclaimer 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. Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources

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