13th Dec 2006 09:46
Centamin Egypt Limited13 December 2006 CENTAMIN EGYPT LIMITED SUKARI GOLD PROJECT DRILLING RESULTS UPDATE Ra Zone High Grade Gold Intersection Centamin Egypt Limited, the dual listed gold exploration company, todayannounces that high grade gold assays were intersected in the Ra zone at 10950Nin drill hole RCD703, including 8m @ 101.71g/t Au from 588m. RCD703 Significant Assay Intersections Hole North East Azi Dip EOH From To Interval Au (m) (m) (g/t) RCD703 10949 10663 -75 270 622.1 295 314 19 4.94* 385 405 20 6.81* 470 545 75 1.83* 588 596 8 101.71 * Results included in the resource upgrade announced 28 November 2006 The high grade footwall intersection correlated with a massive quartz vein andis interpreted to be the up-dip and up-plunge continuation of the high gradezone intersected in hole RCD553 on 11075N, (111m @ 15.06g/t Au from 473m,reported 20 June 2006). These and recent results returned from the Ra zonehighlight the potential for further high grade zones. Near surface mineralisation was also encountered in drill holes RCD691 (30m @3.86g/t and 9m @ 4.79 g/t), RCD726 (10m @ 3.92 g/t) and RC715 (5m @ 18.44 g/t). The nine rig drill program at Sukari Hill will continue to define the high grademineralization intersected in the Amun, Ra and Gazelle zones and will follow upthe continuation of these zones north along strike into the Pharaoh zone. Thenext resource recalculation is due in early February 2007. Recent significant gold intersections in the Ra zone Hole North East Azi Dip EOH From To Interval Au (m) (m) (g/t) RCD660 10912 10550 -90 0 505.1 374 438 64 2.07* 451 494 43 7.86* RCD691 11000 10443 0 -90 150 0 30 30 3.83* 34 43 9 4.79* RCD699 11040 10726 -90 0 648.7 272 368 96 1.75* 374 394 20 2.78* 518 543 25 5.72* 547 575 28 2.06* 580 648.7 68.7 2.46* RCD710 11000 10653 270 -75 600.2 270 293 23 1.71 RC715 11253 10951 -75 270 150 1 11 10 3.92* D722 10850 10490 270 -80 223.82 170 174 4 6.99 D724 10900 10529 -83 270 387.00 251 300 49 3.05 RCD726 11050 10662 -85 270 275 12 17 5 18.44 D742 10875 10489 -90 0 373.60 153 177 24 1.98 RCD749 11270 10736 -90 0 148 70 75 5 4.43 * Results included in the resource upgrade announced 28 November 2006 For Centamin Egypt Limited Josef El-RaghyManaging Director/CEO13 December 2006 For more information please contact: Centamin Egypt Limited Bishopsgate Communications Ltd Evolution SecuritiesPh: + 61 (8) 9316 2640 + 44 (0) 20 7562 3350 + 44 (0) 20 7071 4300Josef El-Raghy Maxine Barnes/Nick Rome Frank Moxon/Simon Edwards([email protected]) www.centamin.com www.bishopsgatecommunications.com www.uk.evosecurities.com Information in this report which relates to exploration, geology, sampling anddrilling is based on information compiled by geologist Mr R Osman who is a fulltime employee of the Company, and is a member of the Australasian Institute ofMining and Metallurgy with more than five years experience in the fields ofactivity being reported on, and is a 'Competent Person' for this purpose. Hiswritten consent has been received by the Company for this information to beincluded in this report in the form and context which it appears. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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