Copper Hill (50% SSRM owned) is located approximately 60 km northwest of Gumushane Province and 30 km southwest of Kurtun town, in the Black Sea region of northeast Turkey. In April 2020, initial exploration results were released for eight diamond drill holes totaling 3,181 meters. Seven of the eight holes intersected sulfide (chalcopyrite) copper mineralization, many with impressive grades.
The intercepts are high grade, close to surface and appear to be very low in contaminates. The drilling pattern was constrained to areas previously permitted for drilling. Alacer plans to conduct additional diamond drilling in 2020 to test the extension of the mineralization, pending approval of new drill permits and weather.
This page contains forward-looking statements. Please see the following link: Legal.