This is the first find from the company's extensive exploration program, launched in 2022, aimed at building Ma'aden's production pipeline.
Exploration around Mansourah Massarah has focused on identifying potential deposits of similar scale with similar geology. Encouraging drill results from multiple sites on Uruq South, along a 100km stretch south of Mansourah Massarah, have uncovered similar geological characteristics and chemistry to the Mansourah Massarah deposit. These results include high-grade drill intercepts, found 400 meters away from and under Mansourah Massarah, with several high-grade intercepts including core intercepts showing 61m at 10.4 g/t Au and 20m g at 20.6g/t Au. In addition, Ma'aden has continued the expansion of its exploration footprint at the Jabal Ghadarah and Bir Tawilah prospects 25km north of Mansourah Massarah, where the company is converting an inferred resource of 1.5 million ounces to indicated and measured status.
In combination, these positive drilling results have identified a potentially 125km strike with significant potential to become a major world class gold belt in
These results are the first significant finds from the company's extensive exploration program, launched in 2022, aimed at building Ma'aden's production pipeline, developing
'These discoveries have the potential to be the center of the world's next gold rush and are a strong part of our growth strategy. The Arabian Shield has enormous potential for more world class discoveries, and this is the first of many we expect to make in the coming years. As
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Email: info@maaden.com.sa
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