Alankoy

The Alankoy gold-copper property is located in northwestern Türkiye’s Biga Peninsula amidst a cluster of recent discoveries and advanced exploration projects.   Alankoy, like other systems in the area, is characterized by alunite-rich epithermal alteration and the development of vuggy silica lithocaps. Host rocks include metavolcanics, andesites, marbles, granites, and black shale-bearing diatremes. 

Historic work by MTA (Türkiye’s Directorate General of Mineral Research and Exploration) in the late 1980s focused on the near-surface gold mineralization in the lithocap, and included a campaign of twelve core holes, all drilled to a pre-determined depth of 151 meters. Most notable was hole MJTC-10, which was drilled toward the center of the system and ended in copper mineralization.

EMX has outlined a six square kilometer area of lithocaps and quartz-alunite and argillic alteration with multiple styles of mineralization. A magnetic survey has also outlined what is interpreted as a buried intrusive beneath the copper enriched intercept in hole MJTC-10, and believes this represents an area of high potential for discovery of porphyry-style gold-copper mineralization.

See details reported in Company News Releases dated January 7, 2014 & November 23, 2015 reference on the historic exploration results and EMX’s exploration results and QA/QC  procedures.

Maps

Geology and rock sampling of Alankoy Click to Enlarge

Photos

Silica cap outcrop at the Alankoy project Click to Enlarge
Outcrop of strongly altered volcanics at Alankoy Click to Enlarge