Aton Resources reports new gold finds at Egypt’s Eastern Desert

Aton Resources has announced new gold discoveries from its diamond drilling programme at the Abu Marawat deposit in Egypt’s Eastern Desert, confirming high-grade mineralisation near the surface.

The Canadian-listed firm has so far completed 95 diamond drill holes totalling 7,917 metres, with the latest batch of 21 holes (AMD-146 to AMD-166) yielding notable gold grades.

Key intersections include:

• 8.52 grams per ton (g/t) of gold over 15.40 metres (hole AMD-151);
• 6.06 g/t over 17.30 metres (hole AMD-146);
• 4.14 g/t over 13.90 metres (hole AMD-149);
• 3.07 g/t over 16.50 metres (hole AMD-148).

Aton said the drilling confirms the presence of a significant near-surface gold zone along the Central Vein zone (CVZ). The company also reported lower-grade mineralisation at the southern extent of the structure, with hole AMD-165 returning 0.69 g/t over 23.90 metres.

The Abu Marawat deposit currently hosts an inferred mineral resource of 162,000 ounces of gold, based on 2.9 million tons at an average grade of 1.75 g/t, according to a technical report prepared in compliance with Canada’s National Instrument 43-101.

Aton is planning further exploration work to support long-term mining development at the site.

Attribution: Amwal Al Ghad English
Subediting: M. S. Salama