webmaster
© Copyright DEHAI-Eritrea OnLine, 1993-2010
All rights reserved
From: B-Haile (eritrea.lave@comhem.se)
Date: Tue Nov 16 2010 - 03:58:32 EST
Gippsland Limited
Adobha Project
Gippsland's 100% owned subsidiary Nubian Resources Pty Ltd has been granted a 2,100 sq km Exploration License and three 100 sq km Prospecting Licenses in the highly prospective north-western part of Eritrea. The Adobha region is situated in the Precambrian Nubian-Arabian Shield that includes the 14.49 Moz Sukari gold deposit plus Gippsland's world class 142.4 million tonne JORC Compliant Abu Dabbab-Nuweibi tantalum-tin deposits.
The new Licenses cover 2,400 sq km of a highly mineral endowed region that is regarded as very prospective for volcanogenic massive sulphide (VMS) mineralisation and structurally controlled gold mineralisation. Local examples of these types of deposits are the Bisha base metal deposit (1.44 million ounce gold and 0.39 million tonne copper) located some 174 km to the south and the 0.760 million ounce Zara gold project (Koka deposit) located only 16 km to the south of the Company's most southern Licence.
Photos http://www.gippslandltd.com/Projects/AdobhaProject.aspx#
No virus found in this outgoing message.
Checked by AVG - www.avg.com
Version: 9.0.869 / Virus Database: 271.1.1/3259 - Release Date: 11/15/10 20:34:00
----[This List to be used for Eritrea Related News Only]----