Saudi Arabia recently announced the discovery of a ‘significant gold resource’ within the Kingdom. As per the announcement, substantial gold resources were discovered along a 100 km stretch south of the existing Mansourah Massarah gold mine in Al Khurmah governorate, Makkah region.
The Saudi Arabian Mining Company (Maaden) stated that multiple gold deposits have been found, hinting at the potential for expanding gold mining in the region. This discovery marks the initial outcome of Maaden’s extensive exploration program launched in 2022, aimed at establishing a metal production line.
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Positive drill results from Uruq South, spanning 100 km south of Mansourah Massarah, exhibited geological similarities to the Mansourah Massarah deposit. Samples from various sites indicated high-grade gold deposits of 10.4 grams per ton (g/t) gold and 20.6 g/t gold in two random drilling locations close…
