Alexander Nubia Expands Mineralized Zone at Bohlog Including Samples of 2 Metres at 7.75 g/t Gold and Historic Tailings Sample of 15.75 g/t Gold
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
FOR IMMEDIATE RELEASE
ALEXANDER NUBIA EXPANDS MINERALIZED ZONE AT BOHLOG INCLUDING SAMPLES OF 2 METRES AT 7.75 G/T GOLD AND HISTORIC TAILINGS SAMPLE OF 15.75 G/T GOLD
- Potential for wider zones of mineralization: sampling of the wall rock alteration zones on either side of the veins returned gold values up to 3.38 g/t over widths of 2 metres.
- Assaying of historic tailings returned 15.75 g/t gold.
- Identified in excess of 8 sub-‐parallel quartz veins containing significant gold values up
to 7.75 g/t over widths of 2 metres.
- Expanded the broader mineralized package to over 500 metres radius (a five-‐fold
expansion from previous work).
August 20, 2014 – Toronto, Ontario – Alexander Nubia International Inc. (TSX-‐V:AAN) (the “Company” or “Alexander Nubia”) is pleased to announce the results of a sampling and geologic mapping program at the Bohlog prospect, which is located 17.5 km ENE of the Hamama VMS deposit within the Company’s Abu Marawat Concession.
Sampling at Bohlog targeted a series of sub-‐parallel veins and associated wall rock alteration zones. The best assay of the vein material is 7.75 g/t gold over a width of 2 metres, with a previously reported high of 18.65 g/t gold over a width of 2 metres. In the current sampling campaign, all quartz vein sampling ranged from a low of 0.008 g/t gold to a high of 7.75 g/t gold with a weighted average of 1.11 g/t gold. In the latest round of sampling, significant values (see Table 1) ranged from 0.71 g/t gold to 7.75 g/t gold with a weighted average of 2.28 g/t gold. Wall rock values up to 3.38 g/t gold from 2-‐metre chip-‐ channel samples perpendicular to the strike of the vein were recorded. Significant wall rock values ranged from 0.01 g/t gold to a high of 3.38 g/t gold with a weighted average of 0.9 g/t gold. This indicates the potential for significantly wider mineralised zones than just the quartz veins, which will be investigated further.
The results at the Bohlog prospect combined with the known showings within a 20 km radius of the Hamama deposit suggest of a broader mineralized trend, potentially representing a district. The trend containing the Company’s 10 main exploration targets (including 2 former mines) is anchored by the Hamama and Abu Marawat projects, and stretches 35 kilometres between them. In addition, gold quartz-‐veins showings at Abu Gharida, Aradiya, Aradiya North, and Abu Garadish warrant further investigation. Many of the targets show evidence of historical mining.
Chief Executive Officer, Alexander Massoud stated, “The results at Bohlog strengthen our view about the significant potential of the Abu Marawat Concession to contain a district scale mineralised trend and is another target to add to our growing portfolio of projects in Egypt.” Mr Massoud commented further: “The exceptional results at Hamama VMS, the NI-‐43 101 inferred resource at Abu Marawat deposit, and encouraging regional results within the Abu Marawat Concession further distinguish Alexander Nubia among junior explorers in the region. Assay results are also pending from Sir Bakis a former producing gold mine, in addition to more results from the extensive recent work program at the Hamama VMS deposit.”
Figure 1: Plan view map of the Abu Marawat Concession
Note: The 0.397 Moz Gold Equivalent reported at Abu Marawat is based on the April 2012 NI 43-‐101 Report by Roscoe Postle Association Inc (“Technical Report on the Abu Marawat Concession, Egypt”, by W. Valliant and B. Salmon) with an inferred resource of 2.88 M tonnes grading 1.75 g/t gold, 29.3 g/t silver, 0.77% copper, and 1.15% zinc or as previously reported in an AAN Press Release (April 16, 2012) indicating 0.397 Moz Gold Equivalent.
Summary of Results:
Bohlog (26°24'12"N; 33°30'10"E) is one of several auriferous quartz-‐vein mineral showings grouped within a radius of 20 km and along the trend between the Abu Marawat and Hamama Projects. These include the former Sir Bakis and Semna mines plus mineralised showings at Aradiya, Aradiya North, Abu Garida, Abu Garadish, and several other unnamed gold occurrences. Bohlog was identified in a reconnaissance study in 2012, when seven samples collected from a zone several hundred metres long returned assays from 2.0 to 18.65 g/t Au. These samples were collected near the site of an ancient mining operation that may be as old as the Roman era.
At Bohlog, the recent field mapping confirmed zones of sericite-‐chlorite hydrothermal alteration containing auriferous quartz veins. Three of the target areas were mapped and lightly sampled. These anomalies include: 1) the core area, covering 4 hectares 2) a zone of alteration 500 metres to the south of the core area, where a cluster of randomly oriented quartz veins had been tested historically by surface pits and minor underground workings, and 3) an area 500 metres to the southeast of the core area, where an east-‐west trending quartz vein had been excavated historically by surface pitting. Pending is further technical work on an anomaly 500 metres west southwest of the core area.
The Bohlog area is underlain by a large intrusion of coarse-‐grained quartz monzonite with abundant lens-‐shaped (commonly 20 metres long by up to 5 metres wide) bodies of mafic, hypabyssal intrusive rocks and narrow, mostly less than one metre wide, andesite dikes. On a district scale, auriferous quartz-‐veins appear to radiate from a point near the southernmost alteration zone, but veins and their structural relationships have yet to be evaluated fully. Most quartz veins are sub-‐vertical. At some sites, wall rock alteration, in the form of mylonite containing sericite and chlorite alteration, extends for several metres into the country rock. In these zones, the wall rock commonly contains elevated gold values.
A total of 42 samples of veins and wall rock alteration zones were collected for analysis. Gold from veins and wall rock ranges from trace values to 7.75 g/t. Table 1 shows the most significant samples. Of interest are some locations where wall rock alteration, carried up to 3.38 g/t Au.
Table 1: Significant gold values from Bohlog Prospect
| Assay Tag Number* | Type of Sample | Sample Width | Sample Description | Gold g/t |
|---|---|---|---|---|
| 18595 | Chip-Channel Samples | 2.0 m | Quartz Vein | 0.71 |
| 18597 | Chip-Channel Samples | 2.0 m | Quartz Vein | 2.40 |
| 18598 | Chip-Channel Samples | 2.0 m | Quartz Vein | 0.62 |
| 18599 | Chip-Channel Samples | 2.0 m | Quartz Vein | 7.75 |
| 18600 | Chip-Channel Samples | 2.0 m | Quartz Vein | 2.72 |
| 18614 | Chip-Channel Samples | 0.6 m | SE quartz vein structure | 2.81 |
| 18616 | Chip-Channel Samples | 2.0 m | Wall rock adjacent to 18614 | 3.38 |
| 18617 | Chip-Channel Samples | 0.3 m | SE quartz vein structure | 1.38 |
Chip-Channel 18623 0.4 m SE quartz vein structure 1.13 Samples
| 18643 | Chip-Channel Samples | 1.9 m | Quartz vein - 314°/90° | 0.75 |
| 18644 | Chip-Channel Samples | 2.0 m | Wall rock east of 18643 | 2.16 |
| 18645 | Chip-Channel Samples | 2.0 m | Wall rock west of 18643 | 1.39 |
| 18646 | Chip-Channel Samples | 2.0 m | Quartz. vein in old workings | 1.44 |
| 18649 | Vertical channel | Bohlog - Tailing pile | 15.75 |
*samples returned assay values 0.10 -‐ 0.50 g/t gold: 16895, 16899, 18593, 18594, 18595, 18598, 18618, 18619, 18626, 18632, 18633, 18635, 18639, 18640, 18642, 18648, 18650
Table 2: Significant gold values from Bohlog Prospect (previously released)
| Assay Tag Number | Type of Sample | Sample Width | Sample Description | Gold g/t |
|---|---|---|---|---|
| 16893 | Chip Sample | 0.5 m | Quartz Vein | 4.58 |
| 16894 | Chip Sample | 0.3 m | Quartz Vein | 3.05 |
| 16895 | Horizontal channel | 2.0 m | Slag Material | 0.37 |
| 16896 | Grab Sample | 2.0 m | Quartz Vein | 18.65 |
| 16897 | Grab Sample | 2.0 m | Quartz Vein | 2.99 |
| 16898 | Grab Sample | 2.0 m | Quartz Vein | 6.87 |
| 16899 | Grab Sample | 2.0 m | Quartz Vein | 0.52 |
Figure 2: Plan view map of Bohlog Prospect showing colour coded distribution of gold values
Sample Collection and Processing/ALS laboratory Procedures and Analysis/QA and QC:
Sample collection is under the direct supervision of a Project Geologist with the help of a seasoned assistant. Quartz veins are chip-‐channel sampled from wall contact to wall contact and perpendicular to the strike and (or) dip direction of the vein. The maximum width of an individual sample is two metres. If the vein is more than two metres wide, but less than four metres, two equal length samples are collected. If the enclosing wall rock shows signs of hydrothermal alteration, a single chip-‐channel sample, up to two metres in width, is collected on each side of the vein. In areas where the wall rock alteration is more than two metres in width and assay results are favourable, the area will be revisited for additional sampling.
At each collection site, the sample assay tag number is painted on the wall rock with aerosol spray paint to mark the sample location. Individual samples vary in weight but generally weigh between two and three kg. The rock sample along with one Assay Tag Booklet tear-‐out tab is placed in a heavy cotton, sealable bag with the same assay sample tag number written on the outside of the bag. Sample information including vein width, strike and dip, along with any additional important geological information is recorded in the Assay Tag Booklet along with the GPS coordinates of the sample site. The Assay Tag Booklet is kept in safe storage at the Hamama Camp.
Once collected, samples are processed at the Company’s sample preparation facility at the Abu Marawat camp. Sample preparation is usually under the direct supervision of the same Project Geologist involved with the sample collection. This procedure is followed so that the Project Geologist can also perform specific gravity measurements on some of the samples.
Specific gravity measurements are done by industry accepted practices, whereby a mathematical comparison is made between the sample’s weight in air and its weight in water. A standard quartz sample is tested at various intervals in the sample stream to insure sampling accuracy. Specific gravity measurements have also been cross-‐checked by ALS Minerals using the Pycnometer technique; the statistical correlation between the two methods is good.
The Company limits its on-‐site sample preparation to jaw crushing the samples. The entire sample is passed through a Bico Inc. Badger Jaw Crusher to reduce any over-‐sized particles to less than 5 mm in size. The sample is then riffle-‐split into two portions of equal size, one of which is retained by Egyptian Mineral Resource Authority (“EMRA”) in its permanent storage facility south of Cairo. Once the samples are approved by EMRA for export, they are sent by courier to ALS Minerals (“ALS”) in Romania for further processing and analysis. ALS processes the samples by internationally accepted assaying techniques. ALS is an IOS certified analytical laboratory and is recognized throughout the world for its quality and reliable work.
The ALS laboratory in Romania can do fire assaying for gold and Atomic Absorption techniques for silver, copper, lead, and zinc along with some additional elements. “Out of Range” samples (Au >10 ppm, Ag >100 ppm, and base metals >10000 ppm) are automatically considered by ALS to be ore-‐grade samples and are re-‐analyzed accordingly. Generally, the Company requests additional elements for analysis, which is done in ALS’s laboratory in Vancouver, B.C., Canada. In this case, ALS prepares a small cut from the pulverized material and ships the sample-‐cut to Vancouver for ICP analysis.
In addition to the internal QA/QC conducted by ALS, Alexander Nubia also does QA/QC work. Five to seven per cent of all samples sent for analysis include duplicates, blanks, and Industrial Standards randomly inserted into the sample stream. Any inconsistencies in the comparative analysis of duplicates, blanks, or Industrial Standards, identified by Alexander Nubia’s technical staff, triggers a request for re-‐analysis of the batch of samples associated with the discrepancies.
Qualifying Person(s):
The technical information contained in this News Release was prepared by Ralph A Gonzalez, PGeol. Project Manager for Alexander Nubia Inc. and under the direct supervision and reviewed by Dr. John G. Payne, PhD, PGeol., Vice President of Exploration for Alexander Nubia Inc. Both Mr. Gonzalez and Dr. Payne are qualifying persons under National Instrument 43-‐101 Standards of Disclosure for Mineral Projects. Although reviewed my Dr. Payne, the contents of this News Release are the sole responsibility of Mr. Gonzalez.
About Alexander Nubia International Inc.:
Alexander Nubia (TSX-‐V:AAN), is an Egypt-‐focused multi-‐commodity (base and precious metals) exploration and development company. It is focused on exploration within the Abu Marawat Concession, which contains its two main projects, the Hamama volcanogenic massive sulphide (“VMS”) deposit and the Abu Marawat mesothermal vein deposit, the latter with a NI 43-‐101 compliant inferred gold-‐silver-‐copper-‐zinc rich resource. In addition, Alexander Nubia’s two large concessions, which have a long history of gold and copper mining dating back to the Pharaonic era, contain three past producing gold mines that were operational during the 20th Century.
Alexander Nubia’s flagship project, Hamama VMS, has a number of characteristics that are similar to other major VMS deposits in the Arabian Nubian Shield: such as Bisha (Nevsun Resources), Hassai (La Mancha), and Jabal Sayid (Barrick Gold). Drilling at Hamama intersected high-‐grade semi-‐massive and massive volcanogenic sulphide mineralization, which includes a broad zone of VMS gossan with high-‐ grade gold and silver (an oxidized “gold cap”) above a primary zinc-‐gold-‐silver rich exhalite horizon and an extensive mineralized footwall stringer and breccia zone.
The land package is enhanced by excellent and nearby infrastructure, which includes access to highway and railway, a high-‐capacity electricity grid, and nearby major cities; Qena, on the Nile River, and Port of Safaga, on the Red Sea.
For more information on Alexander Nubia visit us at www.alexandernubia.com or please contact:
A. Alexander Massoud President and Chief Executive Officer Egypt: +2 (0) 22 287 6914 Email: [email protected]
General Information Canada: +1 (604) 727-‐1813 Email: [email protected]
Cautionary Note Regarding Forward-‐Looking Statements The securities of Alexander Nubia International Inc. described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Some of the statements contained in this release are forward-‐looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. 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.