Washihi Copper-Gold Project Exploration Update
Attributes - Country & Historical Work
Country
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Tax -20% Corporate (nil personal tax rate)
Royalties - nil
SIDF-75% debt available at sub-LIBOR rates with long 10 year tenure
(Saudi Industrial Development Fund)
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Ownership 100% permitted
Profits & Capital - 100% repatriation. Nil import duties for CAPEX
Tenure certainty - exploration to mining
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Roads bitumen highway & road to mine gate
Power - 33KVA power line to site
Water - 15km to aquifer (low salinity)
Fuel <US$0.09/L (diesel)
Two hours from Riyadh on
the Riyadh-Jeddah
Highway
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Historical Work - Khnaiguiyah Project²
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Drilling 45,000m drilled via 345 holes
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Mining - 2 deep shafts sunk for bulk testing
Metallurgy - testing by BRGM & independent consultants
Feasibility studies - by independent consultants (incorporating
pit design work & financial modelling)
Alara
resources
Alara ASX market announcement dated 5 October 2010 and entitled "Project Acquisition - Khnaiguiyah Zinc Copper Project in Saudi Arabia"
BRGM Geoscientists 1993, Khnaiguiyah Zinc-Copper deposit - pre-feasibility study - 1,2 and 3, Saudi Arabian Directorate General of Mineral Resources Technical Report BRGM TR 13-
4, 651p, 209 figs, 171 tables, 78 appendices and 23 photo plates
O Alara Resources Limited
www.alararesources.com
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