Area: 78.4 km2 Commodities: Au, Pb, Cu Exploration activities: Geological mapping ,Geophysical Survey, Soil sampling ,Trenching and Drilling
Location and Geology
The Ma'milah project is located 90 km southeast of At Ta'if, on the north Side of Wadi Al Khumrah, at lat 21°03'N. and long 41°18'E. The project can be reached by following the asphalt-surfaced At Ta'if-Al Bahah highway 88 km southeast from At Ta’if. Ma'milah geology consist of metasedimentary and metavolcanic rocks of basaltic- andesitic composition, representing the northern end of the Wadi Bidah greenstone belt.
Previous Exploration Work
The area was covered by the regional reconnaissance and prospecting programs conducted by USGS and BRGM .
Mineralization and Prospectively
Mineralization at Ma'milah consists of sulphide boxworks and sparse pyrite, pyrrhotite and chalcopyrite in metagraywacke, mafic tuff and chert. Analysis showed anomalous Cu and Zn, and best gold values of 24 g/t and 25 g/t.
Competition stages
20/10/2024
Start of Proposals Submissions
08/12/2024
Deadline for Proposals Submissions
In offering this virtual data room (Data Room), the Ministry of Industry and Mineral Resources (Ministry) and Saudi Geological Survey (SGS) have made available a facility which allows viewers (Viewers) to access via the Internet certain information (Information) relevant to the proposed auction process for an exploration license for the bid site in the Kingdom of Saudi Arabia (the Site). In consideration for accessing the Information, Viewers must agree to these terms and conditions in connection with their use of the Data Room.
The Information, and access to the Data Room, does not constitute or form part of any offer for sale or subscription of or solicitation of any offer to buy, apply for or subscribe for any interest in the Site or in any other asset, nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever.
Certain of the Information has been reproduced from third-party sources. The Information has not been independently verified. Neither the Ministry nor SGS takes any responsibility for the accuracy of such Information.
Certain of the Information contains certain statements, estimates and projections that are "forward-looking statements." All statements other than statements of historical fact are forward-looking statements and include statements and assumptions relating to: plans and objectives of management for future operations or economic performance; conclusions and projections about current and future economic and political trends and conditions; and projected financial results and results of operations. These statements can generally be identified by the use of forward-looking terminology including "may", "believe," "will," "expect," "anticipate," "estimate," "continue", "intend," "outlook," "potential," or other similar words. The Ministry and SGS do not make any guarantees, representations or warranties (express or implied) about the accuracy of such forward-looking statements.
Access to the Data Room shall not, under any circumstances, create any implication that the Information is correct as of any time subsequent to the date thereof. The Information may be updated from time to time. There is no undertaking by the Ministry or the SGS to publicize such amendments to Viewers. The Ministry and SGS reserve the right to withdraw any of the Information from the Data Room at any time at their sole discretion.
No representation or warranty, express or implied, is made or given as to the adequacy, accuracy, reliability or completeness of the Information or as to the reasonableness of any assumptions on which any of it is based and Viewer agrees, on his or her own behalf and on behalf of any person to whom they make known any part of the Information (in accordance with these terms and conditions) that, except as may be otherwise provided in any final agreement relating to the license, none of the Ministry, SGS or any of their professional advisers, or any of their respective partners, directors, employees, advisers or agents have any liability to the Viewer, potential investors or any such person to whom information is made known, resulting from the use of the Information. In making the Information available, the Ministry and SGS are under no obligation to provide any additional information or to update or correct any inaccuracies which may become apparent in any of the Information.