Said Sultanov (SS): KazGeotech was presented to President Nazarbayev on Industrialization Day, 2nd July 2014, and registered on 30th July 2014. Equipment was brought into Kazakhstan at the beginning of September 2014, and first surveys took place mid-October. Since then, projects have been conducted for big mining companies in eastern Kazakhstan.
The technologies that KazGeotech uses – the ZTEM (Z-Tipper Axis Electromagnetic) system and VTEM (Versatile Time Domain Electromagnetic) system – are patented by Geotech. KazGeotech has recently introduced a fixed-wing aircraft survey for Rio Tinto in Kazakhstan. KazGeotech has been able to move quickly because of efficient management style, less bureaucracy, and assistance from the Ministry of Investment and Development.
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VTEMmax survey has identified an untested potential northern extension of the zone which was obscured from historical airborne surveys by a powerline crossing the northern part of the property
The correlation of the preliminary ZTEM and seismic data is very encouraging at Esso West and this combination of surveys will aid in drill targeting.
A 12,000-meter to 14,000-meter diamond-drill program is being planned to test for the feeder zones for the near-surface epithermal gold mineralization and the porphyry system at depth using the three-dimensional geophysics interpretation of the BAM Project.
“The start of our exploration program on the recently acquired Charcoal and Castor uranium projects is an exciting development for Cosa.”