Sarytogan Graphite Ltd (ASX:SGA) has moved quickly to get boots on the ground after pegging a copper porphyry prospect, Baynazar, which is just 20 kilometres west of the flagship Sarytogan Graphite Project in Central Kazakhstan.
The company has kicked off a soil sampling program and is preparing for a high-resolution aeromagnetic survey.
This 282-square-kilometre project is a new exploration licence application within the Central Asian Orogenic Belt (CAOB), host to multiple large copper-gold porphyry deposits.
In Kazakhstan, those deposits include the Bozshakol, Aktogai, Kounrad, Nurkazgan and Koksa operations, each containing more than 3-6 million tonnes of copper, alongside the Oyu Tolgoi mine in neighbouring Mongolia, which boasts a resource of 30 million tonnes of copper and 44 million ounces of gold.
Complementary battery metal assets
“Sarytogan has deployed its established exploration team in Kazakhstan to copper exploration,” managing director Sean Gregory said.
“The Central Asian Orogenic Belt is known to host many world-class copper-gold porphyry deposits.
“Baynazar is the first of a portfolio of copper exploration projects that the company plans to assemble to complement the battery metals thematic at Sarytogan.”
The Bayanzar Project sits along the edge of the namesake Baynazar Caldera, where exploration work under the Soviet regime identified prospectivity for copper, gold, silver molybdenum and tungsten.
Baynazar ELA, geology and mineral anomalism after Karandyshev et al (1974).
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