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Aton Resources could be the second licensed major gold producer after Centamin
09. August 2018
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The Egyptian Mineral Resources Authority (EMRA) accepted a declaration of commerciality from Canada’s Aton Resources on its Hamama West gold concession, according to a company statement. The move could open the door for the company to be the second major gold producer in Egypt after Centamin. “This is very exciting news for Aton as it allows us to move forward not only in developing our Hamama West Project, but in progressing our Rodruin exploration target,” said Aton CEO Mark Campbell. “We will now move to begin our next steps in advancing Hamama West and the first pass drilling program at the Rodruin prospect is set to commence shortly,” he said, adding that Aton will be looking for partners with whom to develop the project. The firm had submitted in June a declaration of commerciality on its Hamama Project by Wardell Armstrong International to obtain a 20-year license.