Risk and valuation analysis of the SUKARI Project |
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Title(s) of the SUKARI Project |
| VanEck Vectors Global Alternative Energy ETF Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Centamin has been exploring for gold in Egypt since 1995, and in 2005 was granted a 160km 2 exploitation lease over the massive Sukari Hill gold project (see document p. 21) |
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Location of the SUKARI Project |
Sukari is located in the Eastern Desert of Egypt, some 800km south east of Cairo by road and 15km west of
the Red Sea. There is a sealed east/west road from Marsa Alam on the Red Sea, passing approximately 8km
north of Sukari and on to the Nile.
Sukari is a large mineralised system which the Directors believe to be capable of hosting a multi-million
ounce gold deposit.
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Geology of the SUKARI Project |
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Centamin has mapped the surface expression of the Sukari Project gold mineralisation for a distance of 2.3
kilometres. The deposit is divided into four zones: Amun, Ra, Gazelle and Pharaoh. The host rocks form a
sharp ridge from 200 to 600 metres w more...
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