Alexander Nubia Provides Update on Drilling Progra m Start Date, Appointment of New Exploration Manager
February 29, 2016 - Alexander Nubia International Inc. (TSX-V:AAN) (the "Company" or "Alexander Nubia") announces that Capital Drilling (LSE:CAPD) notified the company today that due to unforeseen delays in the mobilization of their drilling rig, the resource drilling program on the Company's flagship Hamama project is now scheduled to begin on or before March 25th, 2016.
The Company is pleased to announce that Mr. Rick Cavaney, a veteran exploration geologist, will be coming to Hamama to act as the Company’s interim Exploration Manager, succeeding Danae Voormeji, who has left the Company. Mr. Cavaney had worked as an exploration manager at Centamin's Sukari project in its exploration phase and is familiar with the Company's Abu Marwat Concession and in particular the Hamama project area. The Company wishes to thank Ms. Voormeji for all of her efforts on its behalf.
The Company also announces the appointment of Magdi Buckla as its Financial Controller in Egypt. Mr. Buckla will report directly to the Company’s CFO Justin Blanchet.
About Alexander Nubia International Inc.:
Alexander Nubia (TSX-V: AAN) is a focus gold exploration company working in Egypt exploring for and developing of economic gold deposits in the Central Eastern Desert of the Arabian-Nubian Shield (ANS). The Company's 100%- owned concessions, Abu Marawat and the Fatiri, combined cover 2,772 square kilometers of underexplored ground. Evidence of gold on the concessions dates the many surface workings to pre-historic (Copper Age) and Old Kingdom (Pharaonic), through Ptolemaic and Roman and into Early Arab times. Several historic gold mines and numerous gold showings and gossans occur within the two concessions.
The Company's land package is located some 400 km southeast of Cairo and is enhanced by expanding infrastructure, including access to highway and railway right-of-way, a highcapacity electricity grid, and nearby major cities; Qena, on the Nile River, and Port of Safaga, on the Red Sea, only 50 km to the East.
For more information on Alexander Nubia visit www.alexandernubia.com or please contact:
Mark Campbell, President and Chief Executive Officer Email: [email protected]
General Information Canada: +1 (604) 727-1813 Email: [email protected]
Cautionary Note Regarding Forward-Looking Statements
Some of the statements contained in this release are forward-looking statements, including statements regarding the Corporation's search for a new President and Chief Executive Officer. Since forward- looking statements address future events and conditions; by their very nature they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.