Sarytogan

Baynazar Copper Project

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Sarytogan Graphite has established a new 100% owned subsidiary "Bainamys LLP" to utilise the skills of its established exploration team to explore for copper porphyry mineralisation in Kazakhstan. The first exploration licence pegged and granted is called "Baynazar".

282km2 Baynazar EL is located 20km west of the Sarytogan Graphite Deposit in Central Kazakhstan.

The Central Asian Orogenic Belt (CAOB) hosts many large copper-gold porphyry deposits including in Kazakhstan: Bozshakol, Aktogai, Kounrad, Nurkazgan and Koksai (each 3-6Mt Cu) and Oyu Tolgai (30 Mt Cu, 44 MOz Au) in Mongolia.

The Baynazar EL follows the margins of the Baynazar Caldera and where Soviet work identified copper, gold, silver, molybdenum and tungsten anomalism.

Sarytogan Managing Director, Sean Gregory commented:

“Sarytogan has deployed its established exploration team in Kazakhstan to copper exploration. The Central Asian Orogenic Belt is known to host many world-class copper-gold porphyry deposits. Baynazar is the first of a portfolio of copper exploration projects that the Company plans to assemble to complement the battery metals thematic at Sarytogan.”

To read more about this project, refer to the ASX announcement linked below: