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Mineral resources and Mineral reserves estimate

Active open pit mines and areas

The Mineral Resource estimates discussed herein are informed from core drilling information stored in a secured central database and were evaluated using a geostatistical approach. Tirka and Pishtazan copper resources are estimated to be tens of millions of tonnes with an average grade of 0.76 % CU. In four other mines, prospecting and exploration is under way. So far several promising reserve zones were detected for further research. The mining sector in Torud region is a booming sector with outstanding and exceptional potential and the sector is growing rapidly. The region hosts hundreds of copper mines and industrial mineral mines at the moment.

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 Tehran, Iran Number of employees: 150 Type of business: Private-owned enterprise Initial capital : 5 Miliion USD

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