Gediktepe Enriched Ore Treatment Project & Proposed Fundraise
Enriched Ore Treatment Project Announcement: ACG Metals Limited has completed a scoping study for the Enriched Ore Treatment Project at its Gediktepe mine in Türkiye, aiming to process previously classified waste to produce gold, silver, copper, and zinc, with expected production of 57kt CuEq from 2026 to 2030.
Financial Projections: The project is projected to generate $562 million in revenue, $465 million in EBITDA, and $317 million in free cash flow, with a development capital cost of $39 million and an after-tax NPV of $212 million.
Phased Development Plan: The project will be executed in two phases, starting with Phase 1 targeting gold and silver production by Q4 2026, followed by Phase 2 for copper and zinc production by Q1 2029, with permitting expected in 2026.
Capital Raise Initiative: ACG Metals is launching a capital raise to secure approximately $15.5 million to fund the project, offering new and existing investors the opportunity to participate, while also utilizing internal cash resources for full project funding.
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