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Takestan Project

The Twin Hills project within the Takestan exploration area is located approximately 150km northwest of Tehran. It hosts one of the largest concentrations in the world of the alteration mineral known as alunite. Alunite is associated with significant gold mineralisation in many parts of the world but is best exemplified in South America where some of the continent’s largest gold mines are hosted in alunite altered volcanics.

During the regional sampling within the greater Takestan alunite alteration area, Twin Hills emerged as a high priority target with strong gold values sampled in outcrop over a zone of leached silica. Persian Gold is awaiting permits to trench, sample and ultimately drill the Twin Hills project area. Other alteration zones within the Takestan area require follow-up work but the Company is waiting for approval to be given to Twin Hills as the first drill test in the region.