|Location||Krasnoyarsk region, Taimyr Peninsula, Russia|
|Partner||Independent junior company, hare of Polymetal – 70%|
Polymetal holds 70% in the Taimyr JV project with an option to earn further 30% following the completion of an initial JORC-compliant Mineral Resource estimate.
Exploration is carried out on 262 km2 area in the northeastern part of the Central Arctic gold-bearing Cu-Mo porphyry belt, which is distinguished by geologists along the northern coast of the Taimyr Peninsula (Krasnoyarsk Territory, Russia). Prospecting and exploration works are focused on discovering gold-copper porphyry mineralization.
- In 2021, the Company carried out 3.5 km of core drilling, geophysical and geochemical works. Two copper mineralization areas as well as several promising anomalies of copper and gold were identified.
- In 2022, JV will continue exploration at the identified mineralization and promising geochemical anomalies.