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Last C$0.09 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 3:19 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

alexander nubia internationa (AAN) Snapshot

Open
C$0.10
Previous Close
C$0.09
Day High
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Day Low
C$0.09
52 Week High
11/13/14 - C$0.28
52 Week Low
03/16/15 - C$0.05
Market Cap
3.8M
Average Volume 10 Days
6.3K
EPS TTM
C$-0.02
Shares Outstanding
41.9M
EX-Date
--
P/E TM
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Current Stock Chart for ALEXANDER NUBIA INTERNATIONA (AAN)

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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. Reports Assay Results from Eight Diamond Drill Holes At the Eastern Part of the Gold-Oxide Cap of Hamama West

Alexander Nubia International Inc. reported assay results from eight diamond drill holes at the eastern part of the Gold-Oxide Cap of Hamama West. Drill assay results demonstrate excellent gold and silver grade continuity within the Gold-Oxide Cap between drill holes over at least 400 metres strike length. Based on drill results and previous deep trenching, multiple gold-silver zones are identified, as well as cross-cutting zinc-copper mineralization. Highlights: All holes drilled to date at the Gold-Oxide Cap at Hamama West intersected gold and silver mineralization, including AHA-36 with 24 m at 1.02 g/t Au and 90.6 g/t Ag (2.33 g/t AuEq.) and AHA-37 with 32.6 m at 1.37 g/t Au and 56.4 g/t Ag (2.18 g/t AuEq.). Mineralized oxide across the Gold-Oxide Cap averages 35 m and increases to 45 m true depth westwards, where AHA-43 drilled 59 m at 0.80 g/t Au and 23 g/t Ag (1.13 g/t AuEq.). Over a strike length of at least 400 m in the eastern half of the Gold-Oxide Cap, drilling intersected multiple gold-silver mineralized tabular sheets, averaging 8 to 10 m in thickness, such as drill hole AHA-42, with one zone of 9.3m at 1.54 g/t Au and 19.7 g/t Ag (1.82 g/t AuEq.) and a second of 8.5 m at 1.82 g/t Au and 136.6 g/t Ag (3.79 g/t AuEq). Wallrock alteration between the higher grade sheets contains gold and silver mineralization, such as AHA-39, where wallrock grades 0.68 g/t Au and 25.8 g/t Ag (1.05 g/t AuEq.) over 7 m. Cross-cutting the gold-silver mineralization are several sets of copper-zinc zones, each averaging 4 to 8 m in thickness, including 9 m at 0.34% Cu and 1.98% zinc in AHA-43. The Gold-Oxide Cap has a 3 to 5 m blanket of high-grade supergene gold enrichment at surface, which is evident in the top of the drill holes and from previous deep trenching. This phase of the drill program focused on the near-surface oxidized horizon at Hamama West. Diamond drill holes AHA-36 to AHA-43 were drilled at 40 m spacing over 400 m strike length into the eastern side of the Gold-Oxide Cap, where based on deep trenching, the oxide averages 77 m in width. The holes were drilled sub perpendicular to the strike length of the Main Horizon and all holes intersected significant gold-silver mineralization in oxide to depths ranging from 10 m to 45 m true depth. True widths are estimated to be 80-95% of the reported intervals.

Alexander Nubia International Inc. Discovers New Zone at Hamama Gold Rich VMS Project

Alexander Nubia International Inc. announced that it has discovered a new zone of sulphide mineralization at its Hamama Project. Diamond drilling is focused on the Gold-Oxide Cap and primary sulphide mineralization of Hamama West. AHA-31, a deep step-out hole from the Gold-Oxide Cap, intersected mineralization from surface to 157 metres, with an average grade of 0.72 g/t gold and 100 g/t silver (2.16 g/t AuEq), including high-grade zones in semi-massive sulphides. Drilling AHA-29 and AHA-30 into the Gold-Oxide Cap at Hamama West indicates gold and silver enrichment in oxide from surface to a true depth of 34 metres. - Based on the fence of holes that includes AHA-29, -30 and -31, mineralization increases in width and grade with depth. Hole AHA-31, targeting primary sulphide mineralization beneath the Gold-Oxide Cap, returned 88.4 metres at 1.11 g/t Au and 118 g/t Ag (2.81 g/t AuEq), including a high-grade intercept of 21.4 metres at 2.56 g/t Au and 573 g/t Ag (10.80 g/t AuEq).

Alexander Nubia International Inc. Auditor Raises 'Going Concern' Doubt

Alexander Nubia International Inc. filed its Annual on Apr 29, 2015 for the period ending Dec 31, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

 

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