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Overview

About the Abu Marawat Concession

The Abu Marawat concession is located in Egypt’s Arabian-Nubian Shield, approximately 200km 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 three 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

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 2015
    13 million ounces Au M&I
  • Orca Gold’s Block 14 project, Sudan
    1.63 million ounces Au Indicated, 600,000 ounces Au Inferred
  • Ariab’s Hassai gold mine, Sudan
    More than 2.3 million ounces gold produced from 18 pits since 1992
  • Nevsun’s Bisha, Eritrea
    Produced 135.9 million pounds of copper in 2015 at a cash of $1.31 per payable pound sold

Infrastructure

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

Known regional exploration targets

  • Abu Gaharish: Gold-bearing quartz veins
  • Abu Garida: Gold-bearing quartz veins, historic mine
  • Bohlog: Gold-bearing quartz veins
  • El Gidami: Gold-bearing quartz veins
  • Eradiya East: Gold-bearing quartz veins
  • Massaghat: Gold-bearing quartz veins
  • Miranda North: Broad zone of alteration 4-km south, and along strike, of Abu Marawat
  • Miranda South: Broad zone of alteration 8-km south, and along strike, of Abu Marawat
  • Semna: Gold-bearing quartz veins, historic mine
  • Sir Bakis: Gold-bearing quartz veins, historic mine
  • Um Balata: Gold-bearing quartz veins
  • Waayrah: VMS target
  • Zeno: Gold-bearing quartz veins

History of mining at the Abu Marawat Concession Area

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 three historic gold mines, Abu Garida, Semna, and Sir Bakis, operated by British miners up until the 1950s.

District-scale potential