Chovdar Integrated Regional Processing area was established on the basis of Chovdar Ore Processing Area located in Dashkasan, within the framework of the AzerGold CJSC’s Action Plan developed in accordance with Decree dated March 19, 2020 by the President of the Republic of Azerbaijan on the implementation of activities towards ensuring of economic stability and sustainability against outer impacts.
Located at the administrative area of Balakan district, Filizchay was discovered in 1959. It is the biggest polymetallic deposit in the region and the largest project of AzerGold CJSC. Moreover, Filizchay is considered as the largest deposit in Europe and ranks high in the list of polymetallic deposits of the world in terms of the amount of its reserves. The reserves include precious and non-ferrous metals such as gold, silver, copper, zinc and lead.
The deposit which was discovered in 1964 in the territory of Balakan district, is located at 2-3 km from Filizchay. The first phase of exploration works has been completed in accordance with approved geological program. Implementation of the second – vital phase and commissioning is projected to start in 2027.
Ortakand-Khanagha field located in the north-east of the Julfa district of Nakhchivan Autonomous Republic area covers some part of Goydagh-Alindzha ore junction and is distinguished for its perspective in terms of gold, complex copper-porphyry and epithermal sulphide ore reserves. Ortakand epithermal gold reserves, Bashkand and Paradash copper fields are currently under pre-evaluation.
Kurakchay, the deposit which is located in Goygol district and considered as one of the prospective ore fields in Lesser Caucasus, was discovered in 1995. This field is distinguished with the presence of splattered gold deposits, Kapaz, Buzlug gold-polymetallic occurrences. Kurakchay is one of the areas prioritized by AzerGold for study and evaluation in near future.