The company has awarded contract to various firms to conduct multiple elements of the program of work while the funds will also be used for drilling program of 6,000m over approximately 50 holes.

SRK will conduct environmental and social impact assessment while Tetra Tech will carry out pre-feasibility study, program co-ordination, well field design and engineering, and metallurgical and process assessment.

Hydro Solutions and WWC Engineering will conduct pump tests and hydrological assessment as well as hydrologic test well design and oversight of well installation respectively.

Anatolia managing director Jim Graham said the drilling program which is currently underway at Temrezli and other satellite sites are expected to expand and re-classify the current JORC reportable Mineral Resource.

"The scope of each engagement will ensure a detailed Pre-Feasibility Study, to be delivered in Q3 2014, will be sufficient for management and the Board to make a development decision, and build the Temrezli ISR project with confidence," Graham added.

The program of work result will enable management to provide development decisions for the Temrezli uranium ISR project.

"The firms that Anatolia have appointed are the best in class, and we look forward to working with them over the next 9 to 12 months," Graham continued.