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Arabian Gold Corporation plc is a privately owned company focused on the discovery of economic gold deposits in the Kingdom of Saudi Arabia.
The Company has a portfolio of exploration licences targeting historical gold districts and a strong board and management team, with significant experience of operating in the mining sector in Saudi Arabia.
The Kingdom has a long history of gold mining that dates back over 5,000 years, with over 1,000 mapped gold occurrences recorded to date, and is underlain by a highly prospective Archaean age Arabian shield, which is similar in scale and prospectivity to the world famous western Australian gold fields.
The numerous and widespread ancient workings found throughout the Shield attest to the thorough and intensive prospecting for gold and secondary copper mineralisation undertaken during those times. These occurrences are abundant and widespread and commonly present as ancient artisanal mines developed on gold-bearing quartz veins and gossans and more rarely placers. The distribution and concentrations of the ancient mines provides an invaluable 'first-order' geochemical survey and a guide to areas of further potential.
Combined with its rich mineral endowment, recent revisions to the Mining Investment Code have enhanced the Kingdom as an emerging and potentially world class mining investment destination.
| Feb 15, 2010 DIRECTOR APPOINTMENTS more... Jan 24, 2010 ARABIAN GOLD TO ATTEND 2010 MENA-EX IN JEDDAH more... Jan 14, 2009 ARABIAN GOLD TO ATTEND 2009 MENA-EX IN JEDDAH more... |
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