The Bashkend copper deposit is located in the Julfa district of the Nakhchivan Autonomous Republic, and it was discovered between 1964 and 1967. Since 2018, AzerGold CJSC has conducted geophysical surveys and drilling activities at the deposit.
The mineral resources of the deposit were estimated by an international consultant in 2025. The project is currently at the Pre-Feasibility Study (PFS) stage.