Saudi Arabia discovers new gold deposits in Makkah
International Desk
Saudi Arabia has announced the discovery of large potential gold resources in Makkah region.
Saudi Arabian Mining Company (Maaden) on Thursday said that it had discovered multiple gold deposits, indicating the potential to expand gold mining in the area.
The mining giant said in a statement that this is the first discovery under the company’s extensive exploration program launched in 2022 and it aims to build a metal production line.
Encouraging drill results from multiple sites on Uruq South, along a 100km stretch south of Mansourah Massarah, have uncovered similar geological characteristics and chemistry to the Mansourah Massarah deposit.
Samples taken indicated the presence of high grade gold deposits of 10.4 grams per ton (g/t) gold and 20.6 g/t gold in two random drilling sites 400 meters from and under Mansourah Massarah, meaning a high density of gold was found in the ore tested from those locations.
In light of these results, Maaden planned an aggressive escalation of planned drilling activities in 2024 around Mansourah Massarah.
Source: Saudi Gazette
