Çevreli is a relatively early stage exploration target. A limited set of good exposures, as well as the current absence of any drilling, limit the extent of knowledge of the style of mineralization. Soil sampling has indicated the presence of anomalous gold concentrations in an area approximately 1,200 by 300 metres in size along a silica alteration trend. Anomalous Au in soil values generally occur adjacent to silica altered and brecciated volcanic units, commonly cut by barite veins and
occasionally accompanied by stockwork containing iron oxides and minor quartz veining. Other than fine-grained pyrite found in association with vuggy silica in the breccia, macroscopically visible metallic minerals have not yet been observed in the volcanic rocks at Çevreli. In the overlying sedimentary rock, mineralization is restricted to rarely seen malachite and azurite staining along fractures.

• Cevreli is located between the Tac gold deposit and the Çorak gold deposit and measures 1,000 meters x 1,000 meters
  
• Initial rock and soil samples have returned encouraging values of up to 7.76 g/t Au
  
• Geophysical IP and further soil and rock sampling is planned for 2010