It is located 43 km in the north from the district center, on the right bank of the Alinjachay River, on the slope of the Zangezur ridge.

Its alternative name means coppersmiths (ghazanchetsi) in Armenian and the village was famous for the quality of the copper utensils produced there.

Within the village (until at least the 1990s) was an Armenian church that was originally part of a monastery called Surp Amenaprkich.

[1] According to its dedicatory inscription, it was constructed in 1551 by funds provided by Poghos Ghazananchetsi, a resident of Gazanchi.

The defense walls (the width of 2–2.5 meters) were built in the high architectural style from the hewn large stones.

The Gazanchy Fortress probably was the center of a large tribal unity who lived in the valley of the Alinjachay at the beginning of the 2nd millennium BC.

[1] Gazanchy is the settlement of the Middle Ages in the northern part of the same named village of the Julfa District.

At the foot of the mountain, in the unharmed part of residence the cultural layer was destroyed, the fragments of glazed and unglazed clay pots scattered to the around.

[1] There was an old Armenian cemetery located atop a hill, approximately 250 m northeast of the Amenaprkich Monastery.

[5] Amenaprkich Monastery (Gazanchy) Media related to Qazançı, Nakhchivan at Wikimedia Commons