Project Overview
The Menderes gold project includes approximately 6,194 hectares in a contiguous land package located near the village of Efemcukuru, located only 20 km from the provincial capital of Izmir, Western Türkiye and in close proximity to the Efemcukuru gold mine that is owned and operated by Eldorado Gold Corporation. The project is operated by Frontline Gold Corporation (“Frontline”).
Menderes received drilling permits in 2011 due to its excellent potential to host intermediate sulphidation epithermal gold bearing vein systems similar to those found within the Efemcukuru gold mine (~110,000 annual gold production) and easy site access via local paved roads from the provincial capital of Izmir.
In June 2021, Frontline commenced a 1,000 meter diamond drill program at Menderes on the southeastern strike extension of the Kokarpinar vein system with the focus on targeting possible extensions of the veins found at Eldorado’s producing Efemcukuru mine. The program is still ongoing with substantial potential upside to the economics of Gold Royalty’s NSR.