Alexander Nubia International Inc gets the ball rolling at Hamama


(MENAFN- ProactiveInvestors - UK) The drillbit has started turning in the 2016 programme at Alexander Nubia International inc's (CVE:AAN) Hamama gold project in Egypt's eastern desert it told investors.

The work fires the starting gun on what the Toronto-listed explorer believes will be a "transformational" year for the company which is aimed at providing a maiden resource at Hamama West an the Abu Marawat concession and further exploration at Fatiri - its other licence.

The first load of drilling will be focused on the gold-oxide cap and primary sulphides zone at Hamama West.

Previous drilling here hit significant mineralisation including 43.5 m at 2.61 g/t gold 150 g/t silver 3.70% zinc and 0.23% copper in one hole.

Samples from the gold cap will be shipped to ALS Minerals in Kamloops for metallurgical testing including mineral identification using QEMSCAN and XRD analysis the company noted.

Mark Campbell Alexander Nubia's chief executive said: 'We are ramping up our exploration program in Egypt drilling the Hamama oxide and primary sulphides to a true vertical depth of 150 meters and to generate our maiden resource at Hamama West.

"We are working closely with the Egyptian Mineral Resource Authority (EMRA) to discuss the application of the updated mining law that came into effect towards the end of 2015.

"We are also working closely with them to develop Hamama West and drill-test additional targets on our concessions. I believe 2016 will be a transformational year for Alexander Nubia and this resource drilling program is a significant start to 2016.

"Post the resource drilling we will drill deeper targets with the goal of extending and upgrading our resource. Starting in June we will begin our high impact evaluation-drilling program on our Fatiri Concession which we believe will produce exciting results."

Hamama lies within a northeast-trending gold-copper belt that extends for 40 km across the group's Abu Marawat concession.

Its main horizon has a strike length of 3km and is divided into three main zones - Hamama West Hamama Central and Hamama East.


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