Exploring for Gold and Base Metals In Turkey

About Chesser Resources

Chesser is an Australian-based ASX-listed exploration company (ASX: CHZ), exploring for gold and base metals in Turkey.

The Company's flagship project, Kestanelik, 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. Kestanelik has an indicated resource of 236,000 ounces of gold at a grade of 2.74 g/t Au, and total resource of 746,000 onces of gold at 1.86 g/t Au, 60% of which lies within 50 metres of the surface at an average grade of 2.25 g/t Au. The Company has executed an agreement with Nurol Holding A.S. for the sale of the Kestanelik Project for cash consideration of USD40 million. The agreement is conditional on Chesser shareholder approval.

The Company has also declared a 303,000 oz 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.

 

September 2014 Quarterly Activities Report and Quarterly Cashflow Report

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Notice of AGM and Proxy Form

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 2014 Annual Report to Shareholders

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Chesser completes sale of Kestanelik Project

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2014 Full year statutory financial report

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