AzerGold CJSC: fourfold increase in gold reserves

AzerGold CJSC, which launched mining operations in Chovdar gold deposit in 2017, carried out additional explorations in the surrounding areas – Dashkasan and Goygol regions. Consequently, the marketable gold reserves increased from 179 thousand ounces to 778 thousand ounces due to newly discovered and explored deposits. Thus, the total marketable gold reserves in Chovdar and nearby deposits increased more than four times.