Alexander Nubia Discovers New Zone at Hamama Gold-Rich VMS Project: AHA-31 Returns 88.4 Metres At 1.11 G/T Gold And 118 G/T Silver
Toronto, Ontario (FSCwire) - Alexander Nubia International Inc. (TSX-V:AAN) (the “Company”) is very pleased to announce that it has discovered a new zone of sulphide mineralization at its flagship Hamama Project. Diamond drilling is focused on the Gold-Oxide Cap and primary sulphide mineralization of Hamama West. AHA-31, a deep step-out hole from the Gold-Oxide Cap, intersected mineralization from surface to 157 metres, with an average grade of 0.72 g/t gold and 100 g/t silver (2.16 g/t AuEq), including high-grade zones in semi-massive sulphides.
Highlights:
- Drilling AHA-29 and AHA-30 into the Gold-Oxide Cap at Hamama West indicates gold and silver enrichment in oxide from surface to a true depth of 34 metres
- Based on the fence of holes that includes AHA-29, -30 and -31, mineralization increases in width and grade with depth
- Hole AHA-31, targeting primary sulphide mineralization beneath the Gold-Oxide Cap, returned 88.4 metres at 1.11 g/t Au and 118 g/t Ag (2.81 g/t AuEq), including a high-grade intercept of 21.4 metres at 2.56 g/t Au and 573 g/t Ag (10.80 g/t AuEq).
Alexander Massoud, President and Chief Executive Officer of Alexander Nubia stated: “Following a successful deep trenching campaign at Hamama in 2014, this first batch of exciting drill results shows gold-silver mineralization from surface to a depth of at least 160 metres.” Mr. Massoud further commented: “We’re particularly pleased with the intensity of the sulphide mineralization at depth in AHA-31, which intersected two substantial zones of high-grade gold-silver-zinc values. We look forward to the next batch of drill results that will continue to evaluate the Gold-Oxide Cap and primary sulphide mineralization beneath it.”
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