AL HARIQAH

    • Al Hariqah is a near-surface gold deposit located 130 km NW of Sana’a,Yemen (NWYemen)
    • Project is 100% owned by Cantex
    • Discovered during the follow up of anomalous gold values found in heavy mineral concentrates
    • Mapping, sampling and drilling have shown that gold mineralization occurs for a distance of nearly 4 km in two close, parallel, north northwest trending zones
    • These zones are up to 50 meters wide

CANTEX WORK
Twenty eight reverse circulation drill holes, totalling 4,053 meters, were drilled into the northern 1,100 metres length of the deposit. These holes show that the mineralization extends to at least 150 metres depth with several deep holes bottoming in mineralization. The drilling suggests potential for a gold resource within the drilled area of between 13 and 52 million tonnes of a grade between 1.0 and 1.8 g/t.This target is for the northern 1,000 metres of the 3,700 metre long Al Hariqah deposit where the majority of the drilling to date has been undertaken. For the purposes of the exploration target, the mineralized width ranges from 100 to 400 meters and the mineralized thickness for the target ranges from 50 to 100 metres. The specific gravity of the host rock (Proterozoic quartz mica schist) is assumed to average 2.6 t/m3. However the deposit is open along strike, across strike and at depth so there is potential to increase the tonnage available.The potential quantity and grade is conceptual in nature, there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource.

A drill program of 45 holes using the Company’s specialized core / percussion drill was conducted in late 2005 and 2006. These holes were located to test the extension of the mineralization defined by the previous drill program as well as to test the continuity of mineralization between holes. Results for these holes, as determined by fire assay at ALS Chemex, an ISO 9001:2000 accredited laboratory in Vancouver, were consistent with those of the previous drill program. The Company is most encouraged with the consistent results as they demonstrate the continuity of gold values within the Al Hariqah deposit. The gold grades recovered are typical of those found in open pit mines.

RECENT DRILLING
A third phase of drilling using one of the Company’s custom built drills commenced in early 2009 with with 162 holes totalling approximately 21,000 meters planned. As of November 2011, 134 holes have been completed totaling in excess of 15,000 meters. Below are some highlights of the recent drill results:

  • RDH 07: 4.5m of 2.34 g/t, 7.5m of 2.28 g/t, 27m of 1.04 g/t and 21m of 1.13 g/t
  • RDH 07A: 47.58m of 3.35 g/t
  • RDH 23: 73.5m of 2.09 g/t, open at depth
  • RDH 34: 39m of 3.01 g/t, 36.29m of 5.00 g/t

An enlargement of the northern portion of the above map is displayed below:

These maps show the locations of all drill holes at Al Hariqah. Note that only the holes from the current program are labeled.

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