Country Experience: Eritrea

 

Gippsland Ltd has prospecting licenses in the newly emerging African country of Eritrea.

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. 

John Dunlop is a director of the Gippsland operating company in Eritrea and, as part of this role, visits the company from time to time.

 

                                          

  The main street in the capitol, Asmara, Independence Boulevarde.

 

   Wild camels on the Ansebo river bed, in the exploration tenement area.

   Loading the camel with sediment samples for return to camp.

 

  

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