Kartaltepe is 50/50 JV between Lidya Madencilik and Alacer Gold. The company holds several licenses close to Çöpler Gold Mine with multiple gold and copper targets; Çakmaktepe and Mavialtın being the most advanced ones. The development of the targets are in progress together with the production of Çakmaktepe.
Çakmaktepe is the first satellite operation for Çöpler to extend its life of mine. 1.6 million tons of ore extracted so far and processed via Çöpler Heap Leach facility to generate ~70Koz of gold. It is operational since Q4 2018 with a further upside potential.
The Mavialtin Porphyry Belt extends from the newly discovered Ardich gold prospect in the north to Mavidere porphyry in the south. It is approximately 20km in length and approximately 6-7km in width with multiple targets. Potential future discoveries in this region might provide Çöpler with further oxide material or might even generate new projects for future growth of Lidya/Alacer partnership.