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alexander nubia internationa (AAN) Snapshot

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alexander nubia internationa (AAN) Details

Alexander Nubia International Inc., through its subsidiaries, engages in the exploration and development of mineral properties in Egypt. The company primarily explores for copper, gold, silver, and zinc. It holds 2 exploration concessions, including the Abu Marawat covering an area of 1,027 square kilometers; and the Fatiri concession covering an area of 1,745 square kilometers, which are located in Eastern Desert and Nubian Shield of Egypt. The company is headquartered in Vancouver, Canada.

alexander nubia internationa (AAN) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$258.0K
Chief Financial Officer
Total Annual Compensation: C$41.0K
Compensation as of Fiscal Year 2013.

alexander nubia internationa (AAN) Key Developments

Alexander Nubia International Inc. Commences Drilling at Au-Cu-Zn-Ag Hamama Project

Alexander Nubia International Inc. announced that it has commenced drilling at its wholly owned Au-Cu-Zn-Ag Hamama Project. Depending on the nature and size of the mineralized zones, between 20 to 30 diamond drill holes (totalling at least 1,500 metres) are expected to be completed in this program, with the first set of assay results to be released in late April or early May 2015. The drill rig has been mobilized to project site and drilling has commenced. The first three holes have been completed. At Hamama West, previous deep trenching outlined an oxidized gold-cap 900 metres along strike. Mineralization in the trenches, cut perpendicular across the strike of the oxide gold-cap, average 40.8 metres wide (up to 110 metres in places) and grade an average of 1.90 g/t Au and 47.7 g/t Ag (AuEq 2.66 g/t). The drilling program will be focused on this gold-enriched oxide zone to evaluate continuity of grade and mineralization along strike and at depth. Also at Hamama West, surface sampling and mapping identified a high-grade base and precious metal zone associated with the Banded Iron Formation (BIF), where trench T138 was cut perpendicular across the BIF and returned 8 metres at 6.4 g/t Au, 231 g/t Ag, 0.38% Cu and 8.16% Zn. Drilling will test the zone at depth.

Alexander Nubia International Inc. Provides Update on Exploration Activities at Grassroots Rouh Al Hadid Project in Fatiri Concession

Alexander Nubia International Inc. reported an update on recent exploration activities at the grassroots Rouh Al Hadid project in the Fatiri Concession. Results of the program include, an increase of the mineralized strike length by 300 metres to 750 metres, discovering significant copper mineralization, as well as high-grade gold and silver, and increased understanding of mineralization controls. New assay results from 39 grab samples returned high-grade gold and silver, including 55.8 g/t Au and 61 g/t Ag (FRH-560) and 40.2 g/t Au and 240 g/t Ag (FRH-562); Copper mineralization was discovered along the main 750 metre-long mineralized trend, including 2.33% Cu (FRH-550) and 3.53% copper (FRH-573); Structural mapping suggests higher grades are found at the intersections of north-northwest and north-northeast faults; Historical stockpiles of mined quartz-vein material were found with assays from grab samples up to 84.2 g/t Au, 359 g/t Ag and 0.47% Cu (FRH-541). The recent exploration program comprised additional mapping and grab sampling, with focus on the southern half of the mineralized trend. Note: Grab sampling is selective by nature and results are unlikely to represent average grades for the veins. A total of 39 mineralized quartz-vein samples were collected. Individual quartz vein sizes range from 25 to 50 centimetres in thickness, with several veins reaching 1.5 metres in thickness. Quartz veins are banded, fractured to brecciated, display strong shearing and many of the veins are blackened with iron and manganese oxides. Dark hairline fractures are common. A number of the veins have porous silica crusts with ultra-fine-grained visible gold. The veins at Rouh Al Hadid strike dominantly north-northeast and dip to the East at shallow angles of 15 to 20 degrees. Higher grades were from veins at north-northwest and north-northeast structural intersections, where multiple stacked veins occur.

Alexander Nubia International Inc. Appoints Giles Baynham as Director

Alexander Nubia International Inc. announced the appointment of Giles Baynham as Director - Corporate Development. Mr. Baynham has been a non-executive member of the company's Board of Directors since listing in October 2010, and is now increasing his contribution to the company's activities by taking on this additional role. Mr. Baynham is a former banker with significant debt and capital markets experience. He started his career as a Mining Engineer with Rio Tinto, before working at various financial entities including the Industrial Bank of Japan/Mizuho Corporate Bank, NM Rothschild &Sons, and Endeavour Financial. In 2008 he was a co-founder of CB Gold Inc.


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