Ankh strikes rich gold-copper zones in Egypt!

Ankh Resources Limited has delivered an encouraging update on its exploration activities at the Wadi Dara Concession in Egypt’s Eastern Desert, highlighting promising assay results from its sixth diamond drill hole, WDD006.

The drilling campaign, still in its early stages, is focused on uncovering gold and copper mineralization within a syn-magmatic, structurally controlled hydrothermal system. The Company’s exploration strategy combines detailed surface geological mapping, systematic geochemical sampling, and trenching to define high-potential drill targets.

Results from WDD006, drilled to a depth of 526.8 metres at Target Area A, have confirmed significant mineralized intersections, reinforcing the prospectivity of the Wadi Dara project.

Among the standout results, the drill hole intersected 11 metres grading 1.19 grammes per tonne gold (g/t Au) and 0.48% copper (Cu) from 163 metres. This interval includes higher-grade sections such as 1.2 metres at 5.82 g/t Au and 1.46% Cu, and 1 metre at 3.83 g/t Au and 1.70% Cu.

Another notable intersection includes 52 metres grading 0.91 g/t Au and 0.33% Cu from 322 metres, with internal higher-grade zones of 7 metres at 4.34 g/t Au and 1.13% Cu, and 6 metres at 2.18 g/t Au and 0.23% Cu.

Additional copper mineralization was observed deeper in the borehole, including 20 metres at 0.15 g/t Au and 0.36% Cu from 469 metres, indicating a broader mineralized system.

All reported intercepts represent downhole lengths, with true widths expected to be close to slightly less than these figures due to the geometry of the mineralized zones. The company confirmed that all sampling and analytical procedures adhered to industry-standard protocols, supported by robust quality assurance and quality control measures.

The technical objectives of WDD006 were successfully achieved, building on earlier drilling and trenching work.

“Borehole WDD006 was drilled on Section 21200N, the same section as Borehole WDD001. The primary objective was to trace the subsurface extensions of the mineralized zones previously intersected in the surface trench, as well as to test the subsurface continuation of the main structural zone intersected in Borehole WDD001 at approximately 100 metres below the wadi surface.

Borehole WDD006 successfully achieved its objectives. The hole intersected the main structural mineralized zone at a depth of approximately 300 metres below the wadi surface, in addition to two near-surface mineralized zones and another deeper mineralized zone.

“While these results are still at a relatively early-stage of our exploration, the continuity of gold–copper mineralization and the associated multi-element geochemical signature observed in the drilling support the interpretation of a well-developed hydrothermal system. These encouraging results justify continued drilling and further evaluation of Target Area A.”

These results strengthen confidence in the geological model at Wadi Dara and highlight the potential for further discoveries as exploration continues. The demonstrated continuity of mineralization, coupled with a strong geochemical signature, suggests the presence of a robust hydrothermal system capable of hosting economically significant deposits.