THE HAMAMA PROJECT
The Hamama project is located at the western end of the 40km-long gold trend and is a Volcanogenic Massive Sulphide (VMS) deposit that shares similarities with other VMS deposits in the Arabian Nubian Shield, such as Bisha, Jabal Sayid and Hassai. The main horizon at Hamama has a strike length of 3km and remains open to the east and west. Aton has drilled a total of 96 diamond drill holes amounting to 9,704m. Three zones have been identified including Hamama West, Hamama Central, and Hamama East.
The Hamama West deposit, representing 750 metres of the 3km mineralized horizon, has an NI 43-101 Independent Technical Report that shows an Inferred Mineral Resource of 341,000 ounces’ gold equivalent (“AuEq”) and an Indicated Mineral Resource of 137,000 ounces AuEq.