Saudi Arabian Mining Co. (Maaden)headquarter
Saudi Arabian Mining Co. (Maaden) announced the discovery of multiple intercepts of recoverable gold and copper grades in the exploration areas of Shayban. 
Maadenadded in a statement on Tadawul that the assayresults issued so far indicate extensive intersections of gold mineralizationat Wadi Al Jaww and gold and copper mineralization at Jabal Shayban.
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Mineralization at both sites were at shallow depths ranging from 20 to 200 meters, with the mineralization extending deeper and in all directions. Maaden stated that the exploration project is still in its early stages, as it is still developing and deepening its understanding of the mineralized zone. It does not yet have sufficient information to estimate the volume and quality of mineralization or mineral resources.
Thus, work is currently underway to assess and interpret the data available so far to guide the drilling activities that will be carried out in 2025.
The company explained that the financial impact of this discovery has not yet been ascertained, reaffirming its commitment to disclosing any significant events or developments when they become available.
Saudi Arabian Mining Co. (Maaden)headquarter
Saudi Arabian Mining Co. (Maaden) announced the discovery of multiple intercepts of recoverable gold and copper grades in the exploration areas of Shayban.
Maadenadded in a statement on Tadawul that the assayresults issued so far indicate extensive intersections of gold mineralizationat Wadi Al Jaww and gold and copper mineralization at Jabal Shayban.
For more news on listed companies
Mineralization at both sites were at shallow depths ranging from 20 to 200 meters, with the mineralization extending deeper and in all directions. Maaden stated that the exploration project is still in its early stages, as it is still developing and deepening its understanding of the mineralized zone. It does not yet have sufficient information to estimate the volume and quality of mineralization or mineral resources.
Thus, work is currently underway to assess and interpret the data available so far to guide the drilling activities that will be carried out in 2025.
The company explained that the financial impact of this discovery has not yet been ascertained, reaffirming its commitment to disclosing any significant events or developments when they become available.
