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ALEXANDER NUBIA INTERSECTS HIGH GRADE MINERALIZATION
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Category: Technical
- AAM-070: Intersects 11.6 metres grading 10.8 g/t gold, 185 g/t silver, 0.86 % copper and 4.64 % zinc from the MID vein.
- AAM-071: Intersects 5.7 metres grading 0.99 g/t gold, 25.2 g/t silver, 0.28 % copper and
- 1.22 % zinc from the MID vein 110 metres below the intersection in AAM-070, and 7.6 metres from the CVZ with the best intersection being a 0.8-metre vein grading 1.23 g/t Au, 42 g/t Ag, 0.21 % Cu and 1.35 % Zn
December 1, 2011 – Toronto, Ontario. Alexander Nubia International Inc. (TSX-V: AAN), an exploration and development company with diversified minerals projects in Egypt, is pleased to announce results from the current drilling program at its Abu Marawat gold-copper-zinc-silver property.
President and CEO, A. Alexander Massoud commented, “We are excited about the recent excellent results received which will contribute significantly to the finalized NI 43-101-compliant resource statement. Some of the recent drilling in the southern portion of the deposit has outlined areas of wider than expected vein structures with increased grade especially at depth.”
Further to the news release, dated November 15, 2011, regarding the infill drill program, drilling successfully intersected the FIN and MID veins along strike between sections 550N and 750N. These results will form part of the database for calculation of a NI 43-101-compliant inferred resource estimate, to be completed in Q1-2012.
- Partial assays have been received for AAM-063; assays received are reported in Table 1.
- Assays for drill holes, AAM-063, AAM-065, through AAM-071 are shown in Table 1. These holes tested the continuity of the FIN, MID, and CVZ veins between section 550N and section 800N.
- Currently being logged and sampled are drill holes AAM-072 to AAM-079. Holes AAM-074 to AAM-079 explore for the possible southern extensions of the CVZ and FIN zones. These holes were drilled to test the southern-most extension of the vein systems.
- AAM-080 and AAM-081, two deep holes collared on sections 400N and 500N, respectively are located east of CVZ and designed to test the depth extension of the Abu Marawat vein system. These are the two deepest drill holes on the property, with a drill length of 672 and 584 metres, respectively and designed to test the veins at 300 metres below wadi level.
- Drilling has commenced at Hamama zinc-gold-copper-silver volcanogenic massive sulphide property.
- AAM-063: intersects a 17-metre-wide zone of low-grade zinc mineralization west of the FIN vein and intersects two previously unknown Cu-Zn veins 100 metres and 120 metres, respectively, west of the FIN-W vein.
- AAM-064: intersects the West Valley 2 copper-gold vein and the West Valley 1 gold vein (assays are pending).
- AAM-065: intersects the FIN-W vein and an unknown vein 100 metres to the west (as in AAM-063).
- AAM-066: Was to test the CVZ system along Section 700 N; assays are pending.
- AAM-067: intersects the Fin West vein (west of the FIN vein) and the vein 100 metres to its west.
- AAM-068: intersects low-grade zinc-gold mineralization in the Valley vein over 7 metres with a very High-grade gold-silver spike over 1 metre; this is unusual for the Valley vein, which generally is copper-rich.
- AAM-069: intersects CVZ, MID, and FIN veins, and a broad lower grade gold-zinc zone at FIN West vein.
- AAM-070: intersects the FIN-W, FIN, CVZ, and CVZ-E veins; the MID vein contains high-grade mineralization over 10.6 metres with a very high-grade core of 4 m length.
- AAM-071: Cuts FIN-W, FIN, MID, CVZ, and CVZ-E veins, with highest-grade and widest zone in MID vein (5.7 metres).
- Assays are pending for drill holes AAM-066, AAM-072, AAM-074-AAM-081, and parts of AAM-063 to AAM-069 and AAM-072. Holes AAM-074 to AAM-079 explore for the possible southern extensions of the CVZ and FIN vein.
- Recently completed are AAM-080 and AAM-081, with lengths of 672 and 584 metres, respectively, were collared east of the CVZ on sections 400N and 500N, respectively, These holes test the depth extension of the Abu Marawat vein system up to 400 metres below wadi level.
- Drilling has commenced at the Hamama zinc-gold-copper-silver volcanogenic massive sulphide property.
Table 1 - Significant assay results from holes AAM-063, AAM-068, AAM-069, AAM-070, and AAM-071
|
Drill Hole
|
From (m)
|
To (m)
|
Width*
|
Au g/t
|
Ag g/t
|
Cu %
|
Zn %
|
Vein
|
|
AAM-063
|
86.0
|
88.9
|
2.9
|
0.39
|
7.9
|
0.22
|
0.55
|
FIN-W
|
|
and
|
238.0
|
255.0
|
17.0
|
0.15
|
4.1
|
0.05
|
0.34
|
Unnamed
|
|
and
|
260.2
|
264.0
|
1.8
|
0.11
|
9.0
|
1.25
|
1.81
|
Unnamed
|
|
and
|
278.0
|
279.0
|
1.0
|
0.30
|
9.3
|
0.09
|
0.35
|
Unnamed
|
|
AAM-068
|
171.0
|
178.0
|
7.0
|
9.20
|
395
|
0.05
|
0.20
|
Valley
|
|
Including
|
174.0
|
175.0
|
1.0
|
63.9
|
2750
|
0.03
|
0.05
|
|
|
AAM-069
|
126.0
|
129.4
|
3.4
|
2.76
|
36
|
0.02
|
0.18
|
FIN
|
|
and
|
194.0
|
195.0
|
1.0
|
0.61
|
12
|
0.22
|
0.94
|
Unnamed
|
|
AAM-070
|
43.3
|
44.3
|
1.0
|
0.11
|
3.0
|
0.13
|
3.59
|
FIN-W
|
|
and
|
106.3
|
106.9
|
0.6
|
0.89
|
48.0
|
0.85
|
3.56
|
FIN
|
|
AAM-070
|
122.2
|
133.8
|
11.6
|
10.81
|
185
|
0.86
|
4.64
|
MID
|
|
including
|
122.2
|
132.8
|
10.6
|
11.81
|
203
|
0.94
|
5.14
|
|
|
Including
|
126.2
|
130.2
|
4.0
|
27.24
|
460
|
1.87
|
11.21
|
|
|
Including
|
127.2
|
129.2
|
2.0
|
44.20
|
794
|
1.88
|
