Exploring for Gold and Base Metals In Turkey

About Chesser Resources

Chesser is an Australian-based ASX-listed exploration company, exploring for gold and base metals in Turkey. The Company is currently conducting an aggressive, but focused, exploration program on its Kestanelik epithermal gold project.

The Kestanelik property is situated in western Turkey, some 10 kilometres southeast of the Dardanelles, and enjoys good access together with excellent infrastructure. It hosts low sulphidation epithermal quartz veining with identified high-grade gold mineralisation and bonanza grades.

The Company is also pursuing exploration programs at the Karaayi property, a porphyry-style stockwork system prospective for gold-copper mineralization. It has declared a 303,000 oz JORC gold resource (91,000 oz Indicated and 212,000oz Inferred) on its Sisorta project in north-eastern Turkey.

The Board and management of Chesser, backed by the Company’s major shareholders, are committed to unlocking value from this highly prospective portfolio of projects and the Company is committed to advancing its existing portfolio while continuing to seek new advanced opportunities.

 

Large Drilling Stepouts on K-Zone Deliver Multiple High Grade Gold Results

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Chesser Resources Limited - Quarterly Report March 2013

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Clarifying Statement in Relation to Pre-Feasibility Study

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Kestanelik Scoping Study Completed

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Chesser Resources Limited - Quarterly Report December 2012

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More exciting drilling results confirm rich extensions at Kestanelik

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Early success from new drill program at Kestanelik

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Chesser Strengthens Senior Management Team

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Notice of 2012 Annual General Meeting

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Kestanelik Maiden Resource - 462,000 Oz Gold

Highlights

Maiden inferred resource of 5.9 million tonnes at 2.4 g/t gold for a total of 462,000 oz at a 0.5 g/t gold cutoff.

  • K3 zone - 1,931,000 tonnes at 2.5 g/t gold (158,000 oz Au)
  • K2 zone - 1,055,000 tonnes at 3.2 g/t gold (108,000 oz Au)
  • KS zone - 1,132,000 tonnes at 2.5 g/t gold (90,000 oz Au)
  • K1 zone - 553,000 tonnes at 2.0 g/t gold (36,000 oz Au)
  • Karakovan zone – 1,258,000 tonnes at 1.73 g/t gold (70,000 oz Au)

Inclusion of the Karatepe zone and low grade halo produces a lower grade resource of 10.2 million tonnes at 1.5 g/t gold for a total of 497,000 oz at a 0.5 g/t gold cutoff.

 

Download Kestanelik Drill Location Map

 

Latest reports for download: