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Home  >  Projects  >  Turkey  >  Why Turkey?
  • Political stability. Turkey has a democratically elected government and is a member of such organizations as The Council of Europe, NATO, and the G-20.
  • Excellent infrastructure. Over the past several decades, Turkey has systematically improved its country-wide road system, with particular emphasis to development of remote areas. The creation of numerous dam-lakes has guaranteed electricity and water supplies in sufficient quantity to any part of the country. Turkey also possesses a reliable and extensive network of railways.
  • Modern mining code (2004). In 2004, Turkey adopted a western oriented mining code. The country also offers a low corporate tax rate of 20%, VAT re-payments, and an effective royalty of 0.5-1.0%.
  • Underexplored. Turkey is one of the world’s last under explored mineral-rich regions.
  • Large deposits. Recent large discoveries include:
    • EGO-T: Kisladag (254 Mt @ 0.95 g/t Au – 7.8 M oz Au = $10.7 B )
    • ANO-T: Cöpler (90 Mt @ 1.87 g/t Au – 5.4 M oz Au = $7.4 B)
    • ENK-ASX: Caldag (33 Mt @ 1.3 % Ni – 946 M lbs Ni = $9.8 B excluding Cobalt value)
    • AGM-V: Yenipazar (+25 Mt @ 1.1 g/t Au, 33.8 g/t Ag +Zn+Pb+Cu = $4.3 B)
TSX-V: AGM 0.58 +0.00 +0% Volume: 21,900 February 22, 2012

Downloads

Date Download
January 17, 2012 Corporate Factsheet 3.61 MB
March 1, 2011 Interim Financial Statements - Q3 2011 1.97 MB
February 7, 2011 Corporate Presentation 4.22 MB
January 4, 2011 Management's Discussion and Analysis - Q3 2011 549 KB
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