Almasane Alkobra Mining Co. (AMAK) announced the discovery of potentially economically viable mineral resources containing Copper, Zinc, Gold, and Silver within one of the company’s exploration licenses in Najran region.
In a statement to Tadawul, the company said it commenced accelerated exploration activities across the license immediately upon obtaining the license in September 2024, drilling more than 27,000 meters as part of an intensive drilling program that began in February 2025.
Preliminary internal studies have indicated the presence of a mineral resource estimated at around 11 million tons, with strong potential for further resource growth, as drilling to date has covered less than 10% of the total license area.
AMAK will continue its geophysical and additional drilling programs throughout 2026 to enhance the current resource estimates, with the aim of releasing a maiden JORC-compliant mineral resource report in the second half of 2026, the statement added.
The company also noted that the site is located approximately 100 kilometers from AMAK’s existing processing hub, which further strengthens the project’s future economic potential.
Almasane Alkobra Mining Co. (AMAK) announced the discovery of potentially economically viable mineral resources containing Copper, Zinc, Gold, and Silver within one of the company’s exploration licenses in Najran region.
In a statement to Tadawul, the company said it commenced accelerated exploration activities across the license immediately upon obtaining the license in September 2024, drilling more than 27,000 meters as part of an intensive drilling program that began in February 2025.
Preliminary internal studies have indicated the presence of a mineral resource estimated at around 11 million tons, with strong potential for further resource growth, as drilling to date has covered less than 10% of the total license area.
AMAK will continue its geophysical and additional drilling programs throughout 2026 to enhance the current resource estimates, with the aim of releasing a maiden JORC-compliant mineral resource report in the second half of 2026, the statement added.
The company also noted that the site is located approximately 100 kilometers from AMAK’s existing processing hub, which further strengthens the project’s future economic potential.
