|Location||Krasnoyarsk region, Taimyr Peninsula, Russia|
|Partner||Independent junior company|
Polymetal holds 70% in the Taimyr JV project with an option to earn further 30% following the completion of an initial JORC-compliant Mineral Resource estimate.
Exploration is carried out on 262 km2 area in the northeastern part of the Central Arctic gold-bearing Cu-Mo porphyry belt, which is distinguished by geologists along the northern coast of the Taimyr Peninsula (Krasnoyarsk Territory, Russia). Prospecting and exploration works are focused on discovering gold-copper porphyry mineralization.
In 2020, the JV delivered all necessary materials and equipment to Cape Chelyuskin and assembled a field camp. The planned exploration activities for the year were completed. As a result, the company compiled data on the geochemical and metasomatic zonation accompanying the prospected intrusions, and new points of Cu, Au and Mo mineralization were identified.
In 2021, the company plans to continue exploration of the revealed anomalies of Cu, Au and Mo, and at promising new areas.