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Asmara Project, Eritrea

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The Asmara Project

Four advanced deposits, of which a Feasibility Study was completed in May 2013:
  • Emba Derho [Copper-Zinc-Gold Deposit]
    • 70.0 million tonnes (Measured and Indicated) resource containing 1.0 Blbs Cu, 2.07 Blbs Zn, 506,000 oz Au, 19 M oz Ag
  • Adi Nefas [Zinc-Copper-Gold VMS Deposit]
    • 1.8 Mt (Indicated) resource at, 10.1% Zn, 3.3 g/t Au, 1.8% Cu & 115 g/t Ag
  • Debarwa [Copper-Gold Deposit]
    • 3.3 Mt (Measured and Indicated) resource containing 200 Mlbs Cu, 74 Mlbs Zn, 180,000 oz Au, 2.94 M oz Ag
  • Gupo Gold [Gold Deposit]
    • 0.95 Mt (Indicated) resource at 1.52 g/t Au
Two "Pipeline" deposits:
  • Adi Rassi [Copper-Gold Deposit]
    • 15.77 Mt (Inferred) resource at 0.54% copper and 0.33 g/t gold
  • Kodadu Gold Target [Gold Deposit]
    • (Inferred) resource of 990,000 tonnes with an average grade of 1.24 g/t gold & 1.6 g/t silver