# INTERVIEW: Georgian Mining Corp – Potential for multiple discoveries

- Link: https://www.directorstalkinterviews.com/georgian-mining-corp-potential-multiple-discoveries/412728659
- Published: 2017-05-04T11:39:48+01:00
- Author: Giles Arbor

**Georgian Mining Corp** (LON:GEO) Managing Director Greg Kuenzel talks to DirectorsTalk
about further drill results from Kvemo Bolnisi. Greg explains in detail the findings,
what this means for the company, how it will change development plans and what we
should now be expecting in terms of news flow over the coming months.

Georgian Mining Corp has 50% ownership and operational control of the Bolnisi Copper
and Gold Project in Georgia, situated on the prolific Tethyan Belt, a well-known
geological region and host to many high grade copper-gold deposits and producing
mines. The Bolnisi licence covers an area of over 860 sq km and has a 30 year mining
licence with two advanced exploration projects; Kvemo Bolnisi and Tsitsel Sopeli.
These projects are proximal to existing mining operations which are owned by the
Company’s supportive joint venture partner. Georgia has an established mining code
and is a jurisdiction open to direct foreign investment. The Company is developing
the project in three phases. Phase 1: H1 2017 target to delineate a minimum of 1-
2 Mt to support initial spare capacity (now achieved and exceeded). Phase 2: 2017
target to delineate a 3-5 Mt resource of combined copper-gold sulphide and gold 
oxide mineralisation (on target). Phase 3: Long term target – to delineate a resource
of 50Mt+.

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