RAMINVEST HOLDING Expands Gold Exploration Efforts in Mauritania with High Assays
RAMINVEST HOLDING Enhances Gold Exploration Activities in Mauritania
In a significant development for the gold mining sector, RAMINVEST HOLDING has announced a new phase in its exploration program at the Wompou Gold Project located in Mauritania. This follows impressive assay results showing gold concentrations up to 50.14 g/t. The project encompasses an area of 446 km² within the environmentally rich Mauritanides Belt, which potentially harbors substantial mineral resources.
Exploration Plans and Initial Findings
The latest sampling efforts have led to the identification of six priority targets, labeled T-01 through T-06, slated for initial drill testing. These results indicate not only the viability of gold extraction but also a promising correlation between arsenic and gold, with a statistical relationship recorded at R = 0.989. This relationship suggests that arsenic could be pivotal in guiding further exploration and target definition efforts.
The exploration program is meticulously designed to delve into essential parameters such as the continuity, structure, and distribution of gold grades, as well as the scale potential of the mineralized system.
Progression Toward Drilling and Development
As the next steps unfold, the RAMINVEST team plans to execute field verification and comprehensive geological assessments, alongside geochemical testing to prepare for targeted drilling. All activities will be contingent upon receiving the requisite technical and regulatory approvals. This structured approach underlines the Group's commitment to sustainability and responsible mining practices.
Chairman Reda Rami emphasizes the significance of these findings, stating, "The assay results and the identified targets provide a robust foundation for progressing Wompou into the drilling phase. In conjunction with our projects in rare earth elements and niobium at Tabatanet, this reinforces our belief in Mauritania's role within the global critical minerals supply chain."
The Tabatanet Project: A Complementary Venture
In addition to its gold endeavors, RAMINVEST HOLDING is also actively progressing its Tabatanet Project, covering 496 km². This initiative focuses on extracting rare earth elements and niobium, critical minerals essential for advanced manufacturing applications, aerospace, and electronic materials.
The strategic consolidation of projects in Mauritania has allowed RAMINVEST to establish a diversified platform that spans both gold extraction and critical mineral supplies. The company is gearing up for focused drilling, resource evaluations, and establishing strategic alliances for project financing, positioning itself at the forefront of mineral exploration in the region.
About RAMINVEST HOLDING
Headquartered in the Dubai International Financial Center (DIFC), RAMINVEST HOLDING dedicates its operations to sectors like mining, commodities, and smart technologies. The company prides itself on integrating innovative financing solutions and fostering long-term value creation through its subsidiaries and partnerships.
On the horizon, RAMINVEST aims to release additional findings as the exploration program advances, reinforcing its commitment to transparency and community engagement in Mauritania’s mining landscape.
For further information and updates, please visit RAMINVEST HOLDING's official website or reach out via email at [email protected].
Topics Energy）
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