SMW Gold updates Gold Deposits in Egypt
SMW Gold announced the results of the companys latest assay results on samples from its licensed El Fawakhir and Umm Balad territories in Egypt.
The news release is quoted as saying:
SMW Gold has been exploring for gold in Egypt in partnership with the Egyptian Mineral Resources Authority (EMRA) since 2007. The territories licensed to SMW Gold cover 1,500 km2 in the districts of Fawakhir, El Sid, Atalla, El Urf and several others in the Eastern Desert. These areas are known to have the highest historical occurrence of gold in the country. The licenses were granted under two production sharing agreements covering exploration and mining for the next 30 years that were ratified by the Egyptian Parliament in late 2007.
Click here to access the entire press release
Click here to access SMW Gold Corporate Site
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Mon, Dec 7, 2009
Post by Melissa Pistilli, Gold Senior Reporter