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34 www.resourceworld.com j u n e / j u l y 2 0 1 5 miNiNg alexander nubia drills high-grade gold-silver-zinc at hamama aNCieNt MiNiNG sites yieldiNG attraCtive values by Ellsworth Dickson Alexander Nubia International Inc. [AAN-TSXV] is currently focusing on the 100%-owned flagship Hamama gold-cop- per-zinc-silver project, located in Egypt's Central Eastern Desert. The company's President and CEO, Alexander Massoud, is Egypt-born and has strong in-country ties with the government. Massoud was recently invited to attend the Egypt-Economic Development Conference in March of 2015, on which he commented: "The Egyptian Government delivered the clear message that it is com- mitted to creating a pro-business and pro-investment climate through policy and legislative changes, with an emphasis on supporting the mining sector." The company recently underwent a corporate reorganization that included a 1:5 share consolidation and completed a private placement of $1 million towards a drilling program at Hamama. Alexander Nubia's two concessions, Abu Marawat and the Fatiri, cover 2,772 km 2 of underexplored ground. The con- cessions are underlain by the Pan-African greenstone belt of the Arabian-Nubian Shield (ANS). The ANS covers both sides of the Red Sea and includes parts of Egypt, Saudi Arabia, The Sudan, Eritrea and Ethiopia. Significant VMS deposits in the ANS include the Barrick Gold [ABX- TSX; NYSE] and Ma'aden 50:50% JV of Jabal Sayid in Saudi Arabia, La Mancha's Hassai and Hadal Awatib in the Sudan and the Nevsun Resources [NSU-TSX; NYSE MKT] Bisha Main and Harena in Eritrea. Similar geological settings include the greenstone belts of the Yilgarn of Western Australia, the Birimian of West Africa and the Abitibi in Québec, Canada. The Hamama, gold-rich, VMS project is located within a northeast-trending gold- copper belt that extends 40 km across the company's Abu Marawat concession. The Main Horizon of Hamama has a strike length of 3 km and is divided into three main zones; Hamama West, Hamama Central and Hamama East. Mineralization crops out at surface, and is weathered into a soft and friable oxidized blanket. Trenching defined a 900-metre long gold and silver-enriched oxide at Hamama West with preliminary metallurgical test results reporting up to 92.2% gold recov- ery. Broadly speaking, at Hamama West, the oxide 'cap' contains gold and silver; at Hamama Central and East the oxide also contains significant amounts of copper and zinc. Both Hamama Central and Hamama East have evidence of copper mining from ancient underground excavations along the oxide horizon. The property was drilled in 1989 by Minex, but drill records were not avail- able. Exploration work at Hamama by Alexander Nubia began in 2011 and includes 138 deep trenches, excavated 50 metres apart and oriented perpendicular to the Main Horizon, with results of 62 metres at 3.32 g/t gold and 40 g/t silver (T96) and 74 metres of 2.94 g/t gold and 136 g/t silver (T117). Previous core drilling by the company in 2011-2012 consisted of 26 diamond drill holes for 2,577 metres, with deepest hole to 125 metres true depth. Diamond drilling recommenced at Hamama in March of 2015 and the com- pany recently released their first set of drill results for Hamama. Drilling targeted the oxide horizon at Hamama West and initial results show gold mineralization in oxide reaching to 30-35 metres depth. Drill assay results from hole AHA-031, which drilled below the oxide to 150 metres true depth, returned 88.4 metres of 1.11 g/t gold and 118 g/t silver (2.81 g/t gold equivalent), including a high-grade section in semi- massive sulphide mineralization of 11 metres at 3.66 g/t gold, 917 g/t silver and Left to right: Danae Voormeij, Exploration Manager, James Yates, geologist; Mahmoud Refeat, drill assistant, and Mohamed Raslan, geology assistant, at the Hamama gold-rich VMS project in Egypt's Central Eastern Desert. Photo courtesy Alexander Nubia International Inc.