Our management team has been visiting Sudan for the last two years to identify prospective gold mining sites. We believe that the Block 12 concessions are highly prospective, and we look forward to reporting exploration results from these properties.
Cobus Loots, Chief Executive Office, Pan African Resources
Ten initial target areas have been identified for further exploration, based on the size, extent of artisanal workings, presence of alluvial workings and associated tailings, prospectivity and upside potential.
Innovative governance and strategic planning have developed with sustainable mineral reserves ensured and deliver excellent value for shareholders.
More about mining in Sudan
While the majority of the country’s mineral reserves remain underdeveloped, mining in Sudan contributes about 90 tonnes of gold to the global market per annum, making it the 10th largest gold producer in the world. Most of this is mined in the Hassai Gold Mine, where iron ore and base metals are also mined.
Apart from the Arabian-Nubian Shield, gold can also be found in the North Kurdufan and Blue Nile regions, and along the Nile River. Other mineral reserves include chromite, gypsum, phosphates, zinc, lead, nickel, aluminium and cobalt.