About the Abu Marawat Concession

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The Abu Marawat concession is located in Egypt’s Arabian-Nubian Shield, approximately 400km north of Centamin’s Sukari gold mine. Aton has identified a 40km long gold trend at Abu Marawat, anchored by the Hamama project in the west and the Abu Marawat gold deposit in the east. In addition to the Hamama project and the Abu Marawat gold deposit, the trend contains numerous gold exploration targets, including two historic gold mines. Abu Marawat is over 738 sq. km in size and is located in an area of excellent infrastructure, a four-lane highway, railway line, a 220kV power line and a water pipeline are in close proximity.

 

The Arabian Nubian Shield
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The Arabian Nubian Shield is one of the world’s last gold mining frontiers.

Major mines/deposits in the ANS:

  • Centamin’s Sukari gold mine, Egypt
    439,072 ounces gold in 20151
    13 million ounces Au M&I1
  • Orca Gold’s Block 14 project, Sudan
    1.63 million ounces Au Indicated, 600,000 ounces Au Inferred2
  • Ariab’s Hassai gold mine, Sudan
    More than 2.3 million ounces gold produced from 18 pits since 19923
  • Nevsun’s Bisha, Eritrea
    Produced 135.9 million pounds of copper in 2015 at a cash of $1.31 per payable pound sold4

Infrastructure

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The Abu Marawat Concession is located in an area of excellent infrastructure:

  • Hamama camp is located 32km south of the four-lane Qena-Safaga Highway
  • Abu Marawat camp is located 10km south of the four-lane Qena-Safaga Highway
  • Power line (220kV), railway line and water pipeline parallels highway
  • The port of Safaga 45km to northeast
  • Hurghada International Airport 100km to northeast
  • Luxor International Airport 150km to southwest
  • Aquifers have yet to be quantified, water for trucked in from the Nile, 70km to the west
  • Modern 40 person exploration camp
  • No permanent settlements in concession area
  • Great rock exposure, no cover

 

History of mining at the Abu Marawat Concession Area

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The Abu Marawat concession area has a long history of mining with many workings dating back to pre-historic, possibly Old Kingdom, through Ptolemaic, Roman and Early Arab times.

The 738-sq. km concession contains more than 14 gold targets, including two historic gold mines, Sir Bakis and Semna, that were operated by British miners up until the 1950s.

About Sir Bakis:

  • Located 12km northeast of Hamama
  • Historic development and extraction were along 375m of the currently identified 1,300m-long vein
  • Surface samples of mineralized quartz veins returned assays up to 2.83 g/t Au over 2.0m1
  • A system of twenty subparallel gold-bearing quartz veins has been identified within an area 1,600m long by 1,000m wide
  • None of the veins show evidence of systematic, mechanized (modern) extraction

Known regional exploration targets

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  • Abu Gaharish: Gold-bearing quartz veins
  • Abu Gerida: Gold-bearing quartz veins
  • Bohlog: Gold-bearing quartz veins
  • El Gidami: Gold-bearing quartz veins
  • Massaghat: Gold-bearing quartz veins
  • Miranda: Broad zone of alteration 4-km south, and along strike, of Abu Marawat
  • NE Eradia: Gold-bearing quartz veins
  • Semna: Gold-bearing quartz veins, historic mine
  • Sir Bakis: Gold-bearing quartz vein, historic mine
  • Umm Balata: Gold-bearing quartz veins
  • Zeno: Gold-bearing quartz veins