Friday 28th October 2016

Resource Clips

Alexander Nubia reports Egypt Gold Assays up to 4.01 g/t over 23m

Alexander Nubia International Inc TSXV:AAN announced results from its Abu Marawat Property in the Abu Marawat Concession of the Eastern Desert, Egypt. Assays include 1.39 g/t gold and 25 g/t silver over 5 metres, 2.04 g/t gold and 38 g/t silver over 6 metres, 2.5 g/t gold and 64 g/t silver over 17 metres, 4.01 g/t gold and 70 g/t silver over 23 metres (including 12.06 g/t gold and 202 g/t silver over 6 metres) and 4.54 g/t gold and 66 g/t silver over 11 metres (including 12.18 g/t gold and 165 g/t silver over 2 metres).

CEO Alexander Massoud commented, “Overall, we are very pleased with the first set of results. They serve to validate the technical interpretations we developed in 2009 and 2010 and establish the basis to upgrading the 131,000 ounce gold historical resource to a substantially larger NI 43-101 compliant resource. Further supporting our geological model for continuity of the vein structure both along strike and at depth. Equally encouraging are the visual estimates of sulphides AAM-009 which is the first hole to test the broad 1200 metre by 300 metre chargeability anomaly to the east of the CVZ.”

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A. Alexander Massoud

or Donald M. Cameron

by Ted Niles

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