Sukari's gold resource is mountainous in size

摘要

THE MARKET RESPONDS warmly to a company that can present figures of rapid resource growth and low discovery costs. That is what Centamin Egypt Ltd was able to produce in its December quarter report on drilling at its Sukari gold project near the Red Sea resort town of Marsa Alam in southern Egypt. In February.the JORC-compliant geological resource was lifted from two months of drilling to a contained 8.26 million ounces, an increase of 560,000 oz on a November-detailed figure that had represented a 13.4 percent lift on the August 2006 inventory. The latest upgrade represented a discovery cost of 4 US dollars/oz.