Teknomining Plc is engaged in the exploration, and development of industrial minerals and base metals in south eastern Turkey.
The Group had initially secured through its wholly owned Turkish subsidiary ("The Company") two Exploration Licences over land area in the province of Diyarbakir, Eastern Anatolia, Turkey covering an area of c.10.9km.sq and currently has upgraded these to two full Operation Licences. These licences grant the Company certain rights to explore for and exploit "4th Group Minerals" as defined under Turkish mining law.
The Group announced on 23 May 2011 that through its wholly owned Turkish subsidiary it has been awarded full rights to three additional Exploration Licences covering an area of c.54.07km sq (5,407 hectares) taking the total number of licences under management to five - with two Operation Licences and three Exploration Licences covering a total area of 64.97km sq (6497 hectares).
To date the Company has undertaken five major Geophysical Ground Magnetic, Resistivity and Induced Polarisation (IP) Surveys which have shown the presence of positive anomalies. Initial drilling of a copper prospect has located some interesting intersections of copper mineralisation. Strong magnetic anomalies coincide with outcrops and boulders of magnetite and warrant further investigation.
A new Board of Directors elected in late December 2012 is carrying out a detailed review of all technical data with a view to outlining a future strategy for the Company. Plans to develop iron ore extraction on Licence 200806366 will be reviewed by the nominated contractor during April of this year.
|Symbol||Ccy Code||Bid||Ask||Mid||Previous Close||Volume||Last Traded||52Wk Low||52Wk High|
DJ Teknomining Plc Notice of Extraordinary General Meeting
30 May | 2013 16:49
DJ Teknomining Plc Clarification Announcement on Independent Reports
30 May | 2013 16:43
DJ Teknomining Plc Resignation of Corporate Adviser
15 May | 2013 11:34
DJ Teknomining Plc Suspension of Trading
19 April | 2013 16:17
DJ Teknomining Plc Board Update on Activities
18 April | 2013 17:46
|31/01/2011||Final Reports and Accounts 2011|
|Chief Executive Officer||Mr Matthew Farrell|
|Non-Executive Chairman||Mr Sean Finlay|
|Non-Executive Director||Dr Roger Norwich|
Business Telephone: +353 87 249 10 22
Business Email: Teknomining@gmail.com
Phone:00 353 1 216 3000
|Securities in issue:||43,103,510|
|Date & Time||Volume||Price|
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