Anatolia announces strategic relationship with Calik Mining



    TORONTO, Aug. 13 /CNW/ - Anatolia Minerals Development Limited
("Anatolia" or the "Company") (TSX: ANO) and Calik Maden Isletmeleri A.S.
("Calik Mining"), a subsidiary of Calik Holding A.S., have formalized an
agreement to create a strategic relationship. The strategic relationship will
allow Calik Mining to acquire up to a 20% interest in Anatolia's Cöpler Gold
Project ("Cöpler") and outlines a structure for cooperation and
cross-investment to explore and develop other mineral properties in Turkey. As
part of the strategic relationship, Mr. Ahmet Calik will join the Board of
Directors of Anatolia Minerals.
    Calik Mining will initially subscribe to a 5% interest in Cöpler for
US$12.6 million paid over the next 12-months and Anatolia will grant Calik
Mining an option, until December 31, 2011, to acquire up to an additional 15%
interest in Cöpler for an additional US$37.8 million, for a total
consideration of US$50.4 million, or proportionate consideration based on the
interest acquired. Anatolia is currently developing the oxide phase of Cöpler
and expects initial production in 2010. The strategic relationship also
contemplates cooperation and cross-investment to jointly explore and develop
other mineral properties in Turkey on a 50/50 basis.
    Edward Dowling, President and CEO of Anatolia stated, "Calik Group and
its founder, Ahmet Calik, are among the most respected organizations and
business leaders in Turkey. The Calik Group has developed successful strategic
relationships with other western businesses across several industrial sectors.
As the mining industry has moved into new areas of the world, the importance
of forming strategic relationships with respected local interests has proven
to be a key long-term success factor. This strategic relationship will help
strengthen the sustainability and accelerate the growth of the Company's
mining interests in Turkey. We are very excited to be working with such an
esteemed strategic partner."
    Ahmet Calik, Chairman of Calik Holding stated, "This strategic
relationship with Anatolia Minerals on Cöpler Gold Project in Erzincan,
Turkey, is an important first step for Calik Mining and demonstrates also a
beginning of a series of commitments for Calik Group for making long-term
investments in the mining sector of Turkey."
    Anatolia will host a conference call on August 13, 2009 to discuss the
press release at 10:00 a.m. (EDT). You may participate in the conference call
by dialing

    
    1-866-793-1308     for U.S. and Canada
    1-703-639-1310     for International
    1385831            Conference ID
    

    A presentation for today's call will be available on Anatolia's website,
www.anatoliaminerals.com. A replay of the call will be available until August
27, 2009 by dialing 1-888-211-2648 in U.S. and Canada or 1-703-925-2474 for
international callers and entering the pass code: 1385831.

    About Calik

    The Calik Group is one of Turkey's largest conglomerates with activities
in the areas of construction, energy, textile, finance, telecom and media with
19,850 employees in 12 countries. In addition to being a major employer in
Turkey, Calik Group has been one of the leading Turkish entrepreneurs in
Central Asia. Calik Group has recently been involved in significant telecom
and banking operations in the Balkans. Calik Group has been very active in
big-ticket Turkish privatizations including the acquisition of Turkey's second
largest media enterprise in 2007. Establishing sound and long-term
international partnerships is an important component of Calik Group's strategy
that paved the way for cooperation with Qatar Investment Authority, ENI, EBRD,
EWE and Turk Telekom in a wide range of businesses. The recent two major
projects that Calik Group is involved in are the Transanatolian oil pipeline
project and the first private green field refinery project in Turkey.

    About Anatolia

    Anatolia, recognized as a leader in exploration and development in
Turkey, is developing Cöpler. Initial plans are to produce approximately 1.3
million ounces of gold at a cash cost of about US$260 per ounce. The first
gold pour at Cöpler is expected in 2010 with full production of about 175,000
ounces of gold per year anticipated in 2011. Additional production expansion
of the oxide and sulfide gold resource is expected at Cöpler by taking
advantage of the inherent large resource through on-going technical
activities. In addition, Anatolia holds a significant pipeline of prospective
gold and base metal projects.
    Anatolia currently has 114.7 million common shares issued and
outstanding, 133.5 million fully diluted. Anatolia's common shares are listed
for trading on the Toronto Stock Exchange under the symbol "ANO."

    Cautionary Statements

    Certain statements contained in this news release constitute
forward-looking information, future oriented financial information, or
financial outlooks (collectively "forward-looking information") within the
meaning of Canadian securities laws. Forward-looking information may relate to
this news release and other matters identified in Anatolia's public filings,
Anatolia's future outlook and anticipated events or results and, in some
cases, can be identified by terminology such as "may", "will", "could",
"should", "expect", "plan", "anticipate", "believe", "intend", "estimate",
"projects", "predict", "potential", "continue" or other similar expressions
concerning matters that are not historical facts and include, but are not
limited in any manner to, those with respect to commodity prices, mineral
resources, mineral reserves, realization of mineral reserves, existence or
realization of mineral resource estimates, the timing and amount of future
production, the timing of construction of the proposed mine and process
facilities, capital and operating expenditures, economic conditions,
availability of sufficient financing, exploration plans and any and all other
timing, exploration, development, operational, financial, economic, legal,
social, regulatory, political factors that may influence future events or
conditions. Such forward-looking statements are based on a number of material
factors and assumptions, including, but not limited in any manner, those
disclosed in any other Anatolia filings, and include the ultimate
determination of mineral reserves, availability and final receipt of required
approvals, titles, licenses and permits, sufficient working capital to develop
and operate the proposed mine, access to adequate services and supplies,
commodity prices, foreign currency exchange rates, interest rates, access to
capital markets and associated cost of funds, availability of a qualified work
force, ability to negotiate, finalize and execute relevant agreements, lack of
social opposition to the mine, and the ultimate ability to mine, process and
sell mineral products on economically favorable terms. While we consider these
assumptions to be reasonable based on information currently available to us,
they may prove to be incorrect. Actual results may vary from such
forward-looking information for a variety of reasons, including but not
limited to risks and uncertainties disclosed in other Anatolia filings at
www.sedar.com and other unforeseen events or circumstances. Other than as
required by law, Anatolia does not intend, and undertakes no obligation to
update any forward-looking information to reflect, among other things, new
information or future events.





For further information:

For further information: Edward Dowling, President and CEO, or Douglas
Tobler, CFO at (303) 292-1299 or visit www.anatoliaminerals.com

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