Georgian Mining Corporation (LON:GEO) Managing Director Greg Kuenzel talks to DirectorsTalk about the rapid progress in advancing the Gold Zone 2 resource development program. Greg talks us through the highlights of today’s news, how this might affect development plans and talks us through newsflow and exciting milestones we can expect from the company over the coming month or two.
Georgian Mining Corporation has 50% ownership and operational control of the Bolnisi Copper and Gold Project in Georgia, situated on the prolific Tethyan Belt, a well-known geological region and host to many high grade copper-gold deposits and producing mines.The Bolnisi licence covers an area of over 860 sq km and has a 30 year mining licence with two advanced exploration projects; Kvemo Bolnisi and Tsitsel Sopeli. These projects are proximal to existing mining operations which are owned by the Company’s supportive joint venture partner. Georgia has an established mining code and is a jurisdiction open to direct foreign investment.