Summary on Dara Prospect

The Dara concession comprises a single block (Fh-63), covering approximately 136.3 km². It is situated in the exposed portion of the Arabian-Nubian Shield, west of the Suez Gulf, in the northern section of the Eastern Desert of Egypt, about 44 km southwest of Ras Gharib City.

Wadi Dara Au-Cu Prospect, located in the Southeastern part of Dara concession, represents an example of a syn-magmatic, structurally controlled, hydrothermal mineralised system. It is probably a type of Intrusive-related gold deposit (IRGD?) with unusually high copper content. The high copper probably reflects an alkaline, oxidised intrusive suite driving the system.

The mineralization occurs within a Precambrian intrusive complex that intrudes Neoproterozoic granitoid basement rocks. This mineralized complex is unconformably overlain by subaerial acid volcanics and volcaniclastic sediments of unknown age.

Numerous historical pits and slot workings are present at the Wadi Dara Prospect. The oldest workings are believed to date back to the Old Kingdom (2700–2200 BC), with evidence of subsequent activity during the Roman and Islamic periods, as well as current small-scale artisanal mining. Most historical workings are shallow, only a few meters deep, and none appear to have reached below the oxide zone.

The identified mineralization so far extends approximately 3 km in a northwest-southeast direction. It is spatially located in two areas: Area A in the northwest and Area B in the southeast, separated by a 500-meter-wide wadi.