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Noricum kicks off drilling at 2nd target at Bolnisi copper-gold project

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

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Noricum kicks off drilling at 2nd target at Bolnisi copper-gold project

Noricum GoldLtd. said May 5 that it kicked off a 13-hole diamond drillingprogram at Tsitel Sopeli, the second of two priority gold targets identified atthe 861-square-kilometer Bolnisi copper-gold project in the Republic of Georgia.

Drilling will target outcropping secondary quartzite goldmineralization to generate a resource that will enable mine planning to startat this second starter pit target.

The company plans to deliver gold-ore production from KvemoBolnisi in the thirdquarter, and from Tsitel Sopeli in the fourth quarter.