Saudi Arabian Mining Company (Maaden) has found a significant gold resource potential extending a 100 km stretch from the existing Mansourah Massarah gold mine.
This is the first discovery under the company’s extensive exploration programme launched in 2022.
Encouraging drill results from multiple sites on Uruq South, along a 100km stretch south of Mansourah Massarah, have uncovered similar geological characteristics and chemistry to the Mansourah Massarah deposit, the Saudi-listed mining company said in a statement on Thursday.
These results include high-grade drill intercepts found 400 meters away from and under Mansourah Massarah, with several high-grade intercepts.
In addition, Maaden has continued the expansion of its exploration footprint at the Jabal Ghadarah and Bir Tawilah, prospects 25km north of Mansourah Massarah.
In combination, these positive drilling results have identified a potential 125 km strike with significant potential to become a major world-class gold belt in Saudi Arabia.
This is the first discovery under the company’s extensive exploration programme launched in 2022.
Encouraging drill results from multiple sites on Uruq South, along a 100km stretch south of Mansourah Massarah, have uncovered similar geological characteristics and chemistry to the Mansourah Massarah deposit, the Saudi-listed mining company said in a statement on Thursday.
These results include high-grade drill intercepts found 400 meters away from and under Mansourah Massarah, with several high-grade intercepts.
In addition, Maaden has continued the expansion of its exploration footprint at the Jabal Ghadarah and Bir Tawilah, prospects 25km north of Mansourah Massarah.
In combination, these positive drilling results have identified a potential 125 km strike with significant potential to become a major world-class gold belt in Saudi Arabia.
No comments:
Post a Comment