Anatolia reports initial resources estimate at Karakartal copper-gold porphyry target



    TORONTO, Aug. 25 /CNW/ - Anatolia Minerals Development Limited
("Anatolia" or the "Company") (TSX:ANO) announces the Preliminary Estimate of
Mineral Resources for the Karakartal copper-gold porphyry property in
east-central Turkey. Karakartal is located approximately 12 km southeast of
Anatolia's Copler Gold Project ("Copler"), which is currently under
development.
    The global block model inventory consists of:

    
    -------------------------------------------------------------------------
                        Block Model Inventory of "Indicated Resources"
    CuEQV(1)    -------------------------------------------------------------
    Cutoff(%)   Tonnes    CuEQV     Cu     Au      CuEQV    Cu LBS     Au Ozs
                (000)      (%)      (%)   (g/t)   Lbs (M)     (M)      (000)
    -------------------------------------------------------------------------
      0.20      31,346     0.45    0.27   0.36      311       187       363
    -------------------------------------------------------------------------
      0.21      30,891     0.45    0.27   0.36      306       184       358
    -------------------------------------------------------------------------
      0.22      30,213     0.46    0.28   0.37      306       186       359
    -------------------------------------------------------------------------
      0.23      29,495     0.46    0.28   0.37      299       182       351
    -------------------------------------------------------------------------
      0.24      28,765     0.47    0.28   0.38      298       178       351
    -------------------------------------------------------------------------
      0.25      27,954     0.48    0.29   0.39      296       179       351
    -------------------------------------------------------------------------
      0.26      27,155     0.48    0.29   0.39      287       174       340
    -------------------------------------------------------------------------
      0.27      26,363     0.49    0.29   0.40      285       169       339
    -------------------------------------------------------------------------
      0.28      25,592     0.49    0.30   0.40      276       169       329
    -------------------------------------------------------------------------
      0.29      24,652     0.50    0.30   0.41      272       163       325
    -------------------------------------------------------------------------
      0.30      23,819     0.51    0.31   0.42      268       163       322
    -------------------------------------------------------------------------
    (1) CuEQV = copper equivalent grade (i.e. CuEQV = Cu + (Au (*) 0.4868)

    -------------------------------------------------------------------------
                        Block Model Inventory of "Inferred Resources"
    CuEQV(1)    -------------------------------------------------------------
    Cutoff(%)   Tonnes    CuEQV     Cu     Au      CuEQV    Cu LBS     Au Ozs
                (000)      (%)      (%)   (g/t)   Lbs (M)     (M)      (000)
    -------------------------------------------------------------------------
      0.20      50,579     0.34    0.22   0.25      379       245       407
    -------------------------------------------------------------------------
      0.21      48,599     0.35    0.22   0.26      375       235       406
    -------------------------------------------------------------------------
      0.22      46,360     0.36    0.23   0.27      368       235       402
    -------------------------------------------------------------------------
      0.23      44,270     0.36    0.23   0.27      351       224       384
    -------------------------------------------------------------------------
      0.24      41,966     0.37    0.23   0.28      342       213       378
    -------------------------------------------------------------------------
      0.25      39,752     0.38    0.24   0.28      333       210       358
    -------------------------------------------------------------------------
      0.26      37,735     0.38    0.24   0.29      316       200       352
    -------------------------------------------------------------------------
      0.27      35,532     0.39    0.25   0.30      305       196       343
    -------------------------------------------------------------------------
      0.28      33,234     0.40    0.25   0.31      293       183       331
    -------------------------------------------------------------------------
      0.29      30,963     0.41    0.25   0.31      280       171       309
    -------------------------------------------------------------------------
      0.30      28,905     0.41    0.26   0.32      261       166       297
    -------------------------------------------------------------------------
    (1) CuEQV = copper equivalent grade (i.e. CuEQV = Cu + (Au (*) 0.4868)
    

    Taking the global block model at a 0.24 cut off, the base-case
Preliminary Estimate of Mineral Resources amenable to open-pit mining consists
of:

    
    -------------------------------------------------------------------------
                    Base-Case Lerchs-Grossmann (LG) Pit(1)
    -------------------------------------------------------------------------
                             Indicated Resources
    -------------------------------------------------------------------------
                    Cu                                     Cu           Au
      Tonnes       Equiv         Cu           Au           Lbs        Ounces
      (000)         (%)          (%)         (g/t)        (000)        (000)
    -------------------------------------------------------------------------
      13,753        0.51        0.29         0.46        87,904         203
    -------------------------------------------------------------------------
                              Inferred Resources
    -------------------------------------------------------------------------
                    Cu                                     Cu           Au
      Tonnes       Equiv         Cu           Au           Lbs        Ounces
      (000)         (%)          (%)         (g/t)        (000)        (000)
    -------------------------------------------------------------------------
      17,758        0.38        0.22         0.32        86,183         183
    -------------------------------------------------------------------------
    

    The results of this initial resource estimate for Karakartal are
encouraging. Work to date demonstrates this copper-gold porphyry system hosts
mineral resources of moderate size and low to moderate grades, with several
potentially beneficial characteristics:

    
    -  The base case LG pit contains less than half of the Indicated and
       Inferred tonnages relative to the global block model inventories.
       Using higher metal prices and/or lower operating costs generate
       conceptual LG pits containing more tonnage and metal than the base-
       case scenario;

    -  The stripping ratio calculated for the base-case is low, at 1.67;

    -  Metallurgical testing demonstrates excellent copper and gold recovery
       rates at 91% and 81%, respectively;

    -  Personnel, infrastructure and logistical synergies may be realized
       given Karakartal's proximity to Copler; and

    -  The resource remains open and is essentially untested along strike to
       the northwest and at depth. The resource potential is somewhat limited
       along strike to the southeast. Additional drilling is necessary to
       follow up the exceptional copper and gold grades intercepted in KDD-
       021 (235 meters at 0.43% Cu and 1.02 gpt Au).

    -  Other localized targets are identified and remain untested by
       drilling.
    

    Edward Dowling, President and CEO of Anatolia stated, "We are pleased the
study demonstrates the potential of an economic pit as we pursue additional
resource growth and prepare an initial preliminary assessment at Karakartal."
    Anatolia's strategic relationship with Calik Mining (see News Release,
August 13, 2009) provides the opportunity for Calik Mining to subscribe to a
50% interest in Karakartal by paying its proportionate share of Anatolia's
documented costs as of the date of subscription.
    The Karakartal porphyry system is characterized by a dioritic to
monzonitic intrusive located in a package of hornsfelded metasediments and
limestones. The limestones and metasediments represent the Jurassic/Cretaceous
Munzur Formation. The metasediments are the lower portion of this sequence and
have been widely hornsfelded and locally mineralized by the younger intrusive
event. Alteration is dominated by a sericite/pyrite phyllic phase (most
commonly within the hornsfels) and a strongly developed potassically altered
core within the system in the intrusive. Mineralization is characterized by
chalcopyrite, chalcocite, bornite, pyrite and magnetite stockwork with some
silica veinlets.

    (1) The base-case Indicated and Inferred Resources inside of the
conceptual LG pit was tabulated using a 0.24% copper equivalent cutoff grade
that was based on a recoverable copper and gold metal price ratio where:
Copper Equivalent = Copper + (Gold (*) 0.4868), with copper grade expressed as a
percentage per tonne and gold grade in grams per tonne. Gold and copper prices
used for determining copper equivalent values and the conceptual base case LG
pit were $2.00/pound copper and $750/ounce gold, respectively. Copper and gold
recovery rates used for determining copper equivalent values and the base-case
were 91% and 81%, respectively.

    Qualified Persons
    -----------------
    Mr. Michael J. Lechner, P. Geo, is the "qualified person" as defined by
National Instrument 43-101 of the Canadian Securities Administrators ("NI
43-101") and is responsible solely for the contents of the Preliminary
Estimate of Mineral Resources. Mr. Lechner is not responsible for the contents
of this news release. A technical report summarizing the Preliminary Estimate
of Mineral Resources and meeting the requirements of NI 43-101 will be filed
with the appropriate regulatory authorities within 45 calendar days of this
news release.

    About Anatolia

    Anatolia, recognized as a leader in exploration and development in
Turkey, is developing Copler. 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 Copler 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 Copler 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. For more information please contact
Edward Dowling, President and CEO, or Douglas Tobler, CFO at (303) 292-1299 or
visit www.anatoliaminerals.com. 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. The technical information set forth in this
press release and the contents of this press release have been reviewed and
prepared under the supervision of, and verified by, Robert Benbow, P.E, a
qualified person pursuant to National Instrument 43-101 of the Canadian
Securities Administration. Mr. Benbow is the Vice President, Country Manager
with Anatolia Minerals Development Limited. Assays in 2001 were performed by
OMAC Laboratories, in Ireland, and assays in 2008 were performed by
ALS-Chemex, in Vancouver, BC, Canada, with quality control of sampling,
preparation and assaying overseen by Anatolia.




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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