CVK Mining signed an agreement to acquire a gold mine from Koç Holding.

Strategic Acquisition of CVK Maden

CVK Maden has begun the acquisition of a gold mine by signing an important agreement with Koç Holding's subsidiary, Demir Export. This step is considered a critical move towards the company's goal of expanding the license area within the Sarıalan Gold Operation Project.

Details of the Acquisition

The company has reached an agreement to purchase the IV Group licensed mining area with the registration number 201201393 located in Ivrindi district, Balıkesir province, for a total of 18.5 million dollars. The financial structure of the agreement is as follows:

• Initial payment: 3.5 million dollars (on the contract date)


• 2026 payment: 3 million dollars


• Payments for 2027 and 2028: 6 million dollars (in two installments)

Additionally, a 3 percent NSR share will be paid to Demir Export once production activities commence.

Reserve Information

According to the UMREK coded report dated October 21, 2025, 69,626 ounces of measured gold reserves and 35,430 ounces of indicated gold reserves have been identified in the licensed area. Furthermore, there is a total of 467,838 ounces of silver reserves within the area. The total reserve quantity of the gold equivalent has been calculated to be 110,865 ounces.

Official Process and Progress

The official process for the license transfer has been initiated. After the license transfer procedures are completed by the General Directorate of Mining and Petroleum Affairs (MAPEG), the company will inform the public. CVK Maden continues to take these important steps in line with its growth strategy within the Sarıalan Gold Operation Project.