Alexander Nubia (AAN.V) has appointed Paul Robertson as their new CFO and announced the appointment of Andrea Clark as director of investor relations. It seems like the company is trying to reach more retail investors by appointing a director of IR who can help to get the story out to the investment community.
The company also released new drill results at the Hamama VMS deposit in Egypt and we would like to highlight holes 21 and 23, which intercepted excellent gold and silver values. Hole AHA23 intersected 66 meters of 1.1g/t and almost 25g/t silver and hole AHA21 returned 75 meters of 0.9g/t gold and almost 51g/t of silver. These intercepts confirm the possibility of a gigantic VMS structure at Hamama, where mineralization is now confirmed over a strike length of 400 meters and having a depth of approximately 100 meters.
Alexander Nubia expects to release two more holes (AHA 25 and 26) shortly, which are deeper holes on the same section as AHA24.
> Appointment of Paul Robertson and Andrea Clark (pdf)
> Step-out Drilling (pdf)
Disclosure: The author holds a long position in Alexander Nubia International Inc. Please see our disclaimer for current positions.
