Cimmeride Lesser Caucasus

Middle Jurassic to Early Cretaceous island to continental arc of the Tethyan Metallogenic Belt.
Tract ID 142pCu9001
Country Armenia-Azerbaijan-Georgia-Iran
Commodity Cu
Study area name Tethys
Tectonic setting mixed
Deposit type porphyry copper
Grade-tonnage model General porphyry copper model (Singer and others, 2008)
Geologic age
Geologic feature age Middle Jurassic through Early Cretaceous
Generalized age Mesozoic
Oldest rocks age 175.6Ma
Youngest rocks age 99.6Ma
Age range 76Ma
Identified Cu resources 2,300,000metric tons
Known prospects 9
Mean Cu (t/sq km) 409t/sq km
Map scales used 1M

Results of the assessment

Assessment date 2012
Estimators Arthur A. Bookstrom, Jane M. Hammarstrom, Steve Ludington, John C. Mars, Michael L. Zientek, Lukas Zurcher.
Assessment depth 1km
Quantitative assessment Yes

Estimated number of deposits

Number of deposits Confidence level
2 50%
3 10%
5 5%
5 1%
Mean estimated deposits 1.85 ±1.46 (0.79%)
Probability of mean 0.25
Probability of no copper 0.19

Estimated deposit density

Known
deposits
Total
deposits
Area
(sq km)
Deposit density
per 100,000 sq km
3 4.85 17,400 28

Mean estimated tonnage

Copper 7,100,000
Molybdenum 200,000
Gold 180
Silver 2,400
Ore 1,400

Undiscovered copper resource

Confidence level 50% 10% 5%
Tonnage 2,500,000 16,000,000 27,000,000

Economic analysis

Fraser country Armenia, Azerbaijan, Georgia, Iran (use Turkey*)
Fraser type 0.7%
Fraser high 0.31%
Typical cost 1%
High cost 0%
Infrastructure setting Typical
Comments on depth mixed- skew deep fault- check it both ways or make a hybrid
Expected depth distribution
0 - 250m 0.17
250m - 500m 0.28
500m - 1km 0.55
Economically recoverable resources
Copper 4,700,000t
Molybdenum 95,000t
Gold 92t
Silver 1,400t
Probability no econ recoverable 0.62
Econ NPV 1,300x $1M
Exp dollars 46.1x $1M/100,000 sq km
Exp value class High

Bibliographic references

General Zürcher and others (in press)
Economic Robinson and Menzie (2012)

Deposits and prospects associated with this tract

Name Type State Country Development Details
Damirli prospect Azerbaijan Azerbaijan Prospect Details
Djanyatag prospect Azerbaijan Azerbaijan Prospect Details
Goshgarchai prospect Azerbaijan Azerbaijan Prospect Details
Karadag prospect Azerbaijan Azerbaijan Prospect Details
Kavarta deposit Syunik' Armenia Past Producer Details
Kedabek deposit Azerbaijan Azerbaijan Producer Details
Khar-Khar prospect Azerbaijan Azerbaijan Prospect Details
Maarif prospect Azerbaijan Azerbaijan Prospect Details
Shikahoh prospect Syunik' Armenia Prospect Details
Teghout deposit Lory Armenia Past Producer Details
Tsitelisopel prospect Lory Armenia Occurrence Details
Veskepar prospect Tavus Armenia Prospect Details