Resource World Magazine

Resource World - December/January 2013

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Exploring TURKEY gold production at Kišladag is forecast to ˘ be 285,000-295,000 oz. The Efemçukuru Gold Mine is expected to produce 125,000135,000 oz in 2012. Empire Mining Corp. [EPC-TSXV] is conducting a high-resolution, helicopter-borne magnetic and radiometric geophysical survey over its Bursa licences in western Turkey to aid regional geological and structural interpretation as well as to identify extensions to previously idenDECEMBER 2012/JANUARY 2013 tified mineralization and to locate new exploration targets. The Bursa licences include the Karapinar copper-porphyry and Demirtepe high-grade copper-goldsilver-moly skarn projects where First Quantum Minerals Ltd. [FM-TSX; FQM-London] can earn an initial 51% interest by, among other things, completing $8.5-million in exploration expenditures. Eurasian Minerals Inc. [EMX-TSXV; EMXX-NYSE MKT] recently signed an agreement to regain 100% ownership of the Akarca gold-silver property in Turkey. Previously, EMX had signed an agreement under which Centerra could earn up to a 70% interest in the property under a joint venture arrangement. Earlier this year, Centerra earned an initial 50% interest from investing over US $5 million in drilling, geological mapping, geochemical sampling, and geophysical surveys. www.resourceworld.com 41

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