CNT
From IntFX
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[edit] Company Overview
Centamin Egypt Limited is primarily engaged in the exploration for precious and base metals. Drilling is ongoing with nine rigs operating on site with the intention of concluding a feasibility study to a bankable standard for a 4 to 5 million tones per annum processing plant. The resource at Sukari is 6.79 million ounces of gold. The Company carries out its drilling operations in Amun Zone, Ra Zone and Pharaoh Zone Drilling. Drilling was focused in the Amun Zone, from 9900N - 10700N. The Ra Zone is characterized by the presence of the red, porphyritic, hematitic altered P6 porphyry unit, as well as the Amun Zone type Main Porphyry P1.
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