Azerbaijani Company to Conduct Gold Exploration in Kashkadarya
AzerGold Uzbekistan has been registered for the project, with permits for the work currently in the process of being obtained.
Exploration of the Akba deposit is planned for 18 months and will include a resource assessment under the international JORC Code. After obtaining the license, specialists will study geological data, conduct prospecting work, metallurgical tests, and evaluate mining technologies and the project's environmental impact.
Following this, a feasibility study will be prepared, and an investment proposal will be submitted to the state authorities of Uzbekistan. The legal basis for the project is an agreement on the joint development of the deposit, signed by AzerGold and the relevant ministry of Uzbekistan on June 17, 2026.
The company also plans to explore promising areas between Navoi and Nurata. For this purpose, a joint venture will be established, with its founding documents currently under agreement; permits and a financing plan for the first two years of work are still in development.
