LOCATION

Azerbaijan is situated in south-western Asia, bordering the Caspian Sea between Iran and Russia, with a small European portion north of the Caucasus range.

Azerbaijan borders Armenia, Georgia, Iran, Russia and Turkey. Azerbaijan is split into two parts by Armenia; the smaller part is called the Autonomous Republic of Nakhchivan.

3 Contract Areas

Total accessible area 1,062 km 2 in 3 Contract Areas: Ordubad , Gedabek and Gosha

GOSHA

The 300km2 Contract Area is 40km west of Gedabek and contains the Gosha property as well as the Itkirlan and Munduglu prospects.

GEDABEK

The 300km2 Contract Area is 55km from Azerbaijan’s second biggest city, Ganja. In addition to Gedabek the area contains other properties: Gyzildzhadag, Bittibulag, Maarif, Ertep, Geyer, Shekerbey, Gumlu and Aitalin.

ORDUBAD

The 462km2 Contract Area in Nakhchivan region contains numerous deposits including: Shakardara, Piyazbashi, Misdag, Agyurt, Shalala and Diakhchay within a 5km radius. Other properties in the area are Yashiling, Goyhundur, Keleki and Kotam.

OCCUPIED TERRITORIES (RED SHADED AREA)

Additional three Contract Areas, rights commence when access is obtained