OCTOBER 2006 TURKEY KOZA GOLD COMPANY
KOZA GOLD OPERATIONS • A- OPERATIONS • OVACIK GOLD MINE • (200,000 ons/yr Gold Productions) • B- PROJECTS • MASTRA GOLD MINE • (150.000 ons/yr Gold Productions) • KUCUKDERE OPEN PIT • (80.000 ons/yr Gold Productions) • C- FUTURE PROJECTS • KAYMAZ GOLD MINE • (248.000 ons total resource) • GICIK PROJECT • D-SUBSIDARY • OZDEMIR ANTIMONY MINE
KOZA GOLD EXPLORATIONS • TURKEY • OVACIK REGION • WESTERN TURKEY • CENTRAL & EASTERN TURKEY • ABROAD • GHANA (WESTERN REGION)
Kozagold Operations and Projects MASTRA GICIK KAYMAZ KÜÇÜKDERE OVACIK
N 300 meter GK 6 5 GK 5 4 GK 4 Tailings Pond Decant Tower BG3 Process Plant GK 9 S/D Environmental Monitoring Locations GK 8 S/D Particulate dust monitoring BG1 Precipitated dust monitoring HCN gas monitoring GK 7 S/D 1 3 Noise monitoring Blast monitoring BG2 2 Cyanide sampling locations Tailings pond sampling locations Underground water monitoring wells Weather Station ENVIRONMENTAL MANAGEMENT
ENVIRONMENTAL MANAGEMENT • Rehabilitation works • Plantations of olive and pine nut trees • Good quality - olive oil • Co-existence of Gold mining activities • and olive plantations.
LEGAL AND PERMITTING STATUS • OVACIK GOLD MINE • Mine operates since May 2005 after renewal of all necessary permits. • There are three main ongoing cases in Admin Courts of Izmir and in Supreme Court in Ankara. • These are related to the below permits: • Environmental Impact Assessment • Continuous Operation Permit • Land Zone Permit • MASTRA GOLD PROJECT • Environmental Impact Assessment is ongoing • Negotiations on land purchases • KÜÇÜKDERE OPEN PIT • Continuous Operation Permit
OVACIK GOLD MINE KOZA GOLD
Ovacık Total Resource Stockpiles include ore in Measured, Low Grade in Indicated Resource
STAGE -4 PIT DIZAYN OPEN PIT-STAGE 4 PIT
Ore Milled vs Ore Mined DECEMBER 31st 2004-DECEMBER 31st 2005
MASTRA PROJECT Mastra Resource and Block Model
Mastra Project Environmental baseline study completed EIA Reports study continue with SRK Layout and Earth work Conceptually designed. Ovacik flow sheet modification continue with SGS. Mine designs completed by AMC.
KUCUKDERE PROJECT Kucukdere Block model and Resource
Kucukdere Resource -Kucukdere blok model done by AMC and cut off 3 g/t Au
KAYMAZ PROJECT Kaymaz Block Model and Resource
Kaymaz Resource - Kaymaz blok model done by TUPRAG and cut off 3 g/t Au
EXPLORATIONS • 1-Ovacık Regional Explorations • 2-Western Turkey Explorations • 3-Central Turkey Explorations • 4-Eastern Turkey Explorations • 5-Ghana Explorations
OVACIK REGIONAL 1.M Vein West 2.Narlica 3.Dedetepe 4.Kucukmagara 5.Fila Tepe 6.Uyuzkaya Tepe 7.Gelin Tepe 8.Kapikaya 9.Kaplan
WESTERN TURKEY • 1-KARADAG ANOMALY • High Sulphidation, in addition to extensive silisification Au bearing stockworks and barite and sulphide-bearings veins are present • 2-KIRCA ANOMALY • Low Sulphidation/Sedimant Hosted, carried out extensive sampling within the licence and collected 14 BLEGs, 32 stream sediment and 91 rock samples – the latter returning values up to 5.3ppm Au • 3-KIZILCUKUR ANOMALY • Low Sulphidation, On the south , strong Au, Ag, Sb, Pb, Zn results indicating higher level of epithermal system, rockchip samples are highly anomalous in the range 0,5 to 8.0 g/t • 4-KUCUKDERE • Low Sulphidation/High Sulphidation
WESTERN TURKEY LICENCED AREAS
CENTRAL TURKEY • 1-KAYMAZ PROSPECT • Epithermal system Several phases of silicification and brecciation. Signification gold grades of up to 6 g/t. • 2-SOGUT ANOMALY • Carlin Style Mineralizations Extensive old Au workings where mineralisations appear to be associated with quartz-calcite veinlets penetrating limestone, or with quartz-clay-limonite schists stockworked by calcite veinlets,or earthy-limonitic clay,yielding gold values in the range 0.5 to 22 g/t • 3-HIMMET DEDE ANOMALY • Carlin Style Mineralizations Widespread distribution of Au,Sb,As,Hg and W in these anomalies hosted by the limestone close to a major tectonic boundary may represent Carlin-Type Au mineralisation gold values up to 0.9 g/t.
Central Turkey LICENCED AREAS
EASTERN TURKEY • 1-MASTRA WEST • Low Sulphidation, Extension of 2 major quartz veins. from drill hole (MD61)firstname.lastname@example.org/t Au • 2-TORUL PROSPECT • Low Sulphidation, Of the order of 24 grab rockchip samples are highly anomalous in the range 0,5 to 9,4 g/t with 7 samples >4 g/t • 3-ERCIS ANOMALY • Porphyry Related, Results are pending.
Eastern Turkey LICENCED AREAS
GHANA EXPLORATIONS GEOLOGY MAP OF GHANA MAGNETIC MAP OF GHANA
GHANA LICENCE AREA KOZA GOLD
CONCEPTUAL 10 YEARS LOM BY YEAR • Operations LOM
OPERATIONS CONCEPTUAL 10 YEARS LOM • Operations LOM