ARMENIAN GEOLOGISTS IMPLEMENT LARGE-SCALE EXPLORATION WORKS AT METAL DEPOSITS

ARMINFO News Agency, Armenia
October 5, 2006 Thursday

Director of "RAKE" contractor company, hydro-geologist Rouben Arakelyan
told an ArmInfo correspondent that the first results of geological
exploration of metal deposits in the Getik River basin, Gegharkunik
region of Armenia, will be presented at the end of the current year.

To note, the geologists carry out the order of Global Gold Corporation,
which exploits several gold deposits in Armenia. The members of the
geological expedition are making the map of the area, determining
the content of precious and non-ferrous metals in the Getik deposit
that occupies an area of 2,5 thousand ha. All the samples taken from
the deposit are passed to the GGC company which, in its turn, passes
them to Armenian and foreign laboratories.

According to Arakelyan, one can imagine the approximate reserves
of ore containing gold, silver, copper and other volcanic rocks and
sediments only after the results of the laboratory examinations.

From: Emil Lazarian | Ararat NewsPress