Apr 5 2016
Alexander Nubia International Inc. (the "Company") is very pleased to report that the 2016 drilling program has started at its wholly owned Hamama gold-rich Project in Egypt's Eastern Desert. Drilling will be concentrated on Hamama West, in particular on the gold-oxide cap and the primary sulphides zone, where previous drilling intercepted significant mineralization including 43.5 m at 2.61 g/t Au, 150 g/t Ag, 3.70% Zn and 0.23% Cu in drill hole AHA-58 (see News Release dated November 2, 2015).
PROGRAM SUMMARY
- Twelve drill fences are proposed at 40 m by 40 m drill centres for a total of 3,500 m of diamond core drilling across 32 holes
- Drilling will be focused on oxide mineralization at surface, the oxide/sulphide transition zone and the primary sulphides at depth
- Drill hole lengths will range from 40 m to 220 m
- Cube Consulting Pty to prepare a maiden NI 43-101 resource statement
- Ten oxide composite drill core samples from the Gold-Oxide Cap will be shipped to ALS Minerals in Kamloops for metallurgical testing including mineral identification using QEMSCAN and XRD analysis
- Capital Drilling has been retained for the drilling program at Hamama
Mark Campbell, President and Chief Executive Officer stated: "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.
To view the images associated with this release, please visit the following links:
http://media3.marketwire.com/docs/1049433_image1.jpg
http://media3.marketwire.com/docs/1049433_image2.jpg
Figure 1. Hamama West Gold-Oxide Cap (in yellow) and proposed drill plan, which will commence February 2016. A total of 3,500 metres of diamond core drilling are proposed, at 40 m by 40 m drill centres. Drilling is oriented to the southeast. Base map is a digital elevation map (DEM).
ABOUT HAMAMA GOLD DEPOSIT
Hamama is located within a northeast-trending gold-copper belt that extends for 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 (see Figure 1), Hamama Central and Hamama East. Mineralization at Hamama crops out at surface, and at Hamama West is deeply weathered into a soft and friable oxidized blanket called the Gold-Oxide Cap, which extends over 900 m in strike length and has an average vertical depth of 35 m. Drill results in oxide at Hamama West include 37 m at 2.32 g/t Au and 107.1 g/t Ag in AHA-15, 32.6 m at 1.37 g/t Au and 56.4 g/t Ag in AHA-37 and 19 m at 2.46 g/t Au and 157.3 g/t Ag in AHA-46. Preliminary metallurgical (bottle-roll) test results on the Gold-Oxide Cap returned up to 92.2% Au and 65% Ag recovery by cyanide leach from oxide (see January 13, 2015 News Release).
Primary sulphide mineralization at Hamama West returned such intercepts as 48 m at 1.45 g/t Au and 31.8 g/t Ag in AHA-23 and 88 m at 1.11 g/t Au and 118 g/t Ag in AHA-31 (see News Release dates May 12, 2015). The last drill hole from the 2015 drilling program, AHA-58, was entirely mineralized, from surface to 210 m depth, and includes 39 m at 1.64% Zn, 0.25 g/t Au and 25.7 g/t Ag (53 m to 92 m), 12.3 m at 2.49% Zn, 0.29% Cu, 0.26 g/t Au and 41.4 g/t Ag (92 m to 104.3 m), 43.5 m at 3.70% Zn, 0.23% Cu, 2.61 g/t Au and 150 g/t Ag (112.5 m to 156 m) and 50.7 m at 0.69 g/t Au and 29.7 g/t Ag (160 m to 210.7 m).
Source: http://www.alexandernubia.com/