Exploration And Development

Noricum Gold Ltd has a 50% interest in, and operational control of, the 861 km2 Bolnisi Project. The Project which is located in the Republic of Georgia contains multiple, large copper & gold non-JORC resources.

The transaction represents a major transformation for the Company. Total mineral resources (non-JORC, C1, C2 & P1 Soviet Reserves & Resources) for the overall project area are both significant and scalable, comprising 980,000 tonnes of contained copper; 6.6 million ounces of gold; and 22 million ounces of silver.

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