Investor Presentaiton
Investment Highlights
•
•
•
210 km² Haykota licence located in the Nubian Shield, 50 km due south of the Bisha Mine and on the southern
extension of the Bisha metallogenic belt
•
Arabian-Nubian Shield is a recognised mineralised region which has had limited modern exploration, yet
contains at least 60 known VMS deposits
Bisha metallogenic belt contains numerous gold bearing gossans
60% interest in Bisha VMS Mine acquired by Zijin Mining in 2019 via US$1.4 billion acquisition of Nevsun Resources
55 km strike length potential over contiguous tenements with 9 priority (1) and 4 secondary drill targets over 15 km strike
Yacob Dewar gold/copper project is focal point for exploration, with current NI 43-101 Resource:
•
•
.
Gold model: 1 Mt @ 2.82 g/t Au
Copper model: 1.1 Mt @ 1.42% Cu
Resource only covers first 50m in depth (open at depth), for a contiguous 1.1 km
Preliminary financial analysis of existing Yacob Dewar resource indicates early cash flow and attractive profitability,
with upside from known (un-drilled) satellite gold targets within the licence area
Drilling Yacob Dewar
Short-term potential resource uplift of several 100,000 ounces of gold per kilometre of strike, with identified targets (Management assessment)
Identified "blue sky" VTEM and geophysical targets with massive uplift potential
•
Additional upside from adding more targets with additional work and new licence application
•
Experienced management team with geological and operational expertise in Eritrea and the Arabian-Nubian Shield
•
Strong shareholder base with AMED Funds representing 43.4% of the Company
(1) 8 priority targets identified in the N143-101 report and 1 subsequent target identified by Management
4
Andiamo
EXPLORATION LTD.
1View entire presentation