Anglo Asian Mining PLC announced further drill results at the Gilar deposit. These confirm an extension to the mineralisation reported by previous drilling with intercepts of up to 68 metres of continuous gold and copper mineralisation: Borehole 22GLDD127: 68.35m @ 2.40g/t gold, 2.89% copper and 1.58% zinc from 320.00m, including: 55.4m @ 2.7g/t Au, 3.5% Cu and 1.4% zinc at 1.5g/t gold cut-off from 331.00m, including at a 2.0 g/t Au cut-off; 33.3m @ 3.0g/t Au, 5.4% Cu and 2.0% zinc from 333.00m; 14.4m @ 2.8 g/t Au, 0.4% Cu and 0.2% zinc from 372.00m. The results are from the extension drilling of six vertical core drill holes at the south-west of the Gilar site.

The overall drilling has demarcated six zones of mineralisation referenced in the RNS of 19 December 2022. Recent drilling has extended and confirmed the deeper zone of continuous mineralisation hosting significant gold, copper and zinc with intercept thickness of over 65 metres. One drill hole in the centre of Gilar also intersected significant mineralisation.

Two further inclined drill holes in the south-west of Gilar are now complete and subject to verification and analysis. Free gold in the Gilar deposit: A mineralogical analysis facility has been established at Gedabek with the capability of preparing polished and thin sections of ore samples to enable the characterisation and quantification of the minerals contained in the samples by optical microscopy. In a recent study, free gold in quartz has been identified in samples of Gilar ore.

This type of ore characterisation work allows the determination of mineral interrelations and liberation sizes, which are valuable data for both comminution and mineral separation process optimisation purposes.