Saudi Arabian Mining Company has announced significant advancements in its exploration efforts, revealing promising gold and copper intercepts in the Arabian Shield at the Future Minerals Forum 2025.

The company highlighted a brand-new gold discovery at Wadi Al Jaww, along with further success at Jabal Shayban, marking the initial set of drill results from a potentially exciting new gold and copper district. Ma'aden uncovered multiple intercepts of recoverable gold and copper grades at Shayban EL in Blocks 6 and 7.

Assay results indicate wide intersections of gold mineralization at Wadi Al Jaww and gold and copper mineralization at Jabal Shayban. Notably, mineralization at both sites occurs at shallow depths, ranging from 20 to 200 meters, with potential for deeper extensions.

While Jabal Shayban has a history of exploration dating back to the 1940s, Wadi Al Jaww represents a potential breakthrough, with no prior exploration efforts in the area. This discovery underscores Ma'aden's exploration team's ability to unlock new orebodies within the Kingdom.

The latest findings build upon successful drilling results announced in December 2023, which revealed high-grade intercepts including 61m grading at 10.4 g/t Au and 20m grading at 20.6g/t Au within 400m of the mine.

The recent results indicate significant high-grade mineralization has been intersected outside of previously modeled mineralisation domains, extending up to 220m below the deepest part of the current open pit mine.

"We've been making significant investments in exploration in recent years," stated Bob Wilt, CEO of Ma'aden. "The results announced today provide further evidence of the Kingdom's immense mineral potential. We are committed to establishing mining as a key pillar of the Saudi economy, as outlined in Vision 2030."

These findings strengthen Ma'aden's belief in the viability of an underground operation at Mansourah - Massarah. Drilling activities are planned for 2025 to further expand and convert Mineral Resource estimates.

Ma'aden continues to lead one of the world's largest single-jurisdiction exploration programs in the Arabian Shield. These latest discoveries and ongoing exploration efforts demonstrate the Kingdom's commitment to unlocking its mineral wealth and driving the growth of its mining sector.

Ma'aden is the largest mining company in Saudi Arabia. It's a state-owned company responsible for developing and exploiting the country's mineral resources.  

Key areas of focus include gold, phosphate, aluminum, and base metals. Ma'aden plays a crucial role in diversifying the Saudi Arabian economy and contributing to its Vision 2030 goals