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Chovdar deposit

Chovdar deposit

Chovdar gold mine is located on the north of Dashkasan region. According to the agreement signed between AzerGold CJSC and Star Mining LLC, Star Mining LLC has been carrying out mining, crushing and agglomeration works in the field since 2017. Proven gold reserves of the mine are 1 661 000 ounces (51.5 tons of ore), while 363 500 and 1 298 000 ounces of them are shared between surface (oxide) and underground (sulphide) ores, respectively. Total amount of economically profitable and technically extractable gold reserves in the deposit is estimated to be 233 thousand ounces.

Currently, open pit mining is successfully ongoing in Chovdar field. With the view to launch the second (i.e sulphide) phase of the deposit in 2024, the international consulting company has been involved in technical and economic research works. Feasibility Study and Environmental Impact Assessment reports for the deposit will be finalized in the near future.

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