Avellana Gold Company (“Avellana” or the “Company”) is a Cyprus registered mineral exploration and development company dedicated to the acquisition, exploration, and development of mineral resources, primarily in Ukraine and the surrounding countries of eastern Europe. We have a dedicated team of multi-national professionals that bring over 100 years of collective experience to help identify, acquire, finance, explore, and develop mineral properties.
Ukraine is well endowed mineral producing country. For most of the Soviet era the country was a major producer of iron and manganese ores as well as an important producer of titatium, phosphorus and rare earth elements from its large alluvial deposits along the Black Sea coast. The central part of the country is underlain by a Precambrian-aged shield with several known mineral districts and current production of aluminum, titanium, uranium, zirconium, and gallium in addition to coal, oi and natural gas.
Although not currently a gold producer Ukraine has several advanced gold projects, some with historical mineral resources. Gold deposits range in age from the Archean (>1.5 billion years) to the Neogene (<23 million years) and are found in all regions of the country. Some of these deposits are held privately whereas others are owned by the Ukraine government and are available for purchase.
The Ukraine government has several advanced mineral projects that cover a wide range of commodities and is actively seeking financial/mining partners to provide technical expertise and financial resources to advance and develop its mineral portfolio.