Exploration - North Africa - Reward for Resolute

Gold mining company Resolute Mining’s wholly owned subsidiary Resolute (Egypt) has been awarded two highly prospective large-scale exploration concessions by the Egyptian Mineral Resource Authority (EMRA).

Location: Egypt
Resource: Gold

In January 2017, EMRA announced a formal tender process for the licencing of gold exploration and development concessions in Egypt. In April 2017, Resolute submitted offers for the Bokari and Um Samra exploration concessions and has recently received official notification that the company’s offers for these two concessions have been accepted. According to John Welborn, director and CEO of Resolute, the Bokari and Um Samra concessions fit the company’s criteria of exploration tenure within well-endowed gold belts that have potential to yield large mineable deposits.

Click below to read the September/October 2017 issue of African Mining

AM SeptOct2017

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