# 02:10 ET ACG to Acquire Keşkek Licence to Extend Gold Production ACG Metals Limited \("ACG" or the "Company"\) is pleased to announce it has entered into a binding agreement with Meta Nikel Kobalt Madencilik Sanayi... Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/02-10-et-acg-to-acquire-kes-kek-licence-to-extend-gold-production-acg-metals-lim--1f803b7f-23bb-46ec-af9f-2f2d7adba1a3 Original source: https://www.prnewswire.com/news-releases/acg-to-acquire-kekek-licence-to-extend-gold-production-302870901.html Publisher: prnewswire Original announcement: 2026-09-07T07:45:42.315Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: ACG Metals Limited - Ticker: ACG - Exchange: Unavailable - Region: Türkiye - Primary commodity: Gold - Secondary commodities: Copper, Zinc, Silver - Document categories: Agreement transaction, Resource update, Drill results, Metallurgy - Extracted: 2026-09-07 07:47:14 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary ACG Metals Limited has entered a binding agreement to acquire the Keşkek gold project in Türkiye for an initial US$4 million plus contingent payments. The acquisition is expected to extend the life of ACG's Gediktepe heap leach facility by providing a nearby source of oxide ore. Reasoning: The acquisition of the Keşkek licence provides a strategic near-term oxide feed to extend the life of ACG's existing heap leach infrastructure, leveraging established operations. - Positive factor: Acquisition of nearby oxide ore source to extend existing heap leach facility life - Positive factor: Synergies with existing infrastructure and mining contractor at Gediktepe - Positive factor: Significant exploration upside identified \(5-10 Mt\) - Positive factor: Favorable metallurgical results \(up to 85% recovery using proprietary process\) - Negative factor: Contingent payments and royalty obligations included in deal terms - Negative factor: Subject to permitting and regulatory approval Facts used in scoring: 3 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The announcement discloses an internally estimated indicated mineral resource for the Keşkek project. Evidence · text > contains an internally estimated indicated mineral resource of 1.5 Mt grading 0.65 g/t Au **Infill Drilling** Polarity: neutral Story-specific tag Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The announcement mentions exploration potential subject to further drilling to delineate additional mineralization. Evidence · text > subject to further drilling **Heap Leach Route** Polarity: neutral Definition: Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. Why it applies: the document describes a heap\_leach route \("heap leach"\) **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a mill\_cil route \("CIL"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (1) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/02-10-et-acg-to-acquire-kes-kek-licence-to-extend-gold-production-acg-metals-lim--1f803b7f-23bb-46ec-af9f-2f2d7adba1a3#fact-drill-facts-1) Keşkek · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Keşkek - Commodity: gold - Region: türkiye - Reported Region: türkiye - Ticker: ACG #### Geometry - Grade: 0.9 - Grade Unit: g/t #### Classification - Sample Type: drill - Group ID: Keşkek-pit:0-300 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-07T00:00:00.000Z Reasoning: Represents the immediate high-priority target for the acquisition. - Positive factor: Defines the initial Keşkek pit for immediate production #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Keşkek provides a new source of oxide ore within 70 km of ACG's Gediktepe mine in Türkiye and is expected to extend the " ## Metallurgical Results (1) ### column leach [Link to this fact](https://atlas-staging.minestarters.com/news/02-10-et-acg-to-acquire-kes-kek-licence-to-extend-gold-production-acg-metals-lim--1f803b7f-23bb-46ec-af9f-2f2d7adba1a3#fact-metallurgical-facts-2) Keşkek · gold #### Identity - Project: Keşkek - Commodity: gold - Region: türkiye - Reported Region: Türkiye - Ticker: ACG #### Test Work - Test Type: column leach - Sample: column-leach gold recoveries #### Recovery - Recovery: 85 % - Recovery Basis: actual\_test #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-07T00:00:00.000Z Reasoning: Metallurgical results support the economic viability of the heap leach route. - Positive factor: High recovery achieved using proprietary process #### Tags used in scoring **Heap Leach Route** Polarity: neutral Definition: Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. Why it applies: processing\_route matches the heap\_leach signal **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 85% is at or above the exceptional band \(75%\) ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.