Eqat Mine Resources Drilling PFS Timeline Egypt Mining CSR Management News Contact

Extracting
Gold from
Egypt's Heart

Wealth and Resource Mining was founded in Cairo in 2016 to develop Egypt's under-explored mineral belts with the highest international standards. Today we concentrate our efforts entirely on the Eqat concession in the South Eastern Desert, one of the Nubian Shield's most prolific gold corridors. We are currently operating with one of few exploitation licenses granted for gold mines from the Mineral Resources & Mining Indrustries Authority (MRMIA).

Eqat Mine Download Presentation
~7,000 oz
Current annual production
2.25 Moz
JORC Total Mineral Resource
1.57 g/t
Resource grade (0.25 g/t cut-off)
~150 koz/yr
PFS target production
11 Years
PFS mine life
~$45M
Capital invested to date
Current Operations

Production & Export

The Eqat Gold Mine is currently in active production, generating approximately 7,000 oz of gold per year through VAT leach processing. The mine holds 2.25 Moz in mineral resources and all gold produced is exported to ASAHI Refining for refinement. WRM has completed a Prefeasibility Study targeting a full-scale 3 Mtpa Gravity and CIL plant with a production rate of approximately 150,000 oz per year at 90–93% gold recovery, representing a significant step-change in output as the project advances toward full-scale development.

Eqat gold bar
Contact

Get in touch

Head Office
46 Farid Street
Heliopolis, Cairo
Arab Republic of Egypt
Mine Site
Eqat Gold Mine
Eastern Desert, South-West of
Shalateen City, Red Sea Governorate
Contact
+20 2 2690 9130
info@wrmining.com
Data Room Access

A full technical data room including the completed Prefeasibility Study, resource reports, and metallurgical test-work is available to lenders and prospective financing partners. Contact us to arrange access.