01
Systematic sampling
Collect representative geological samples across mapped targets.
Existing production
North Henai
An early-stage gold opportunity in Egypt’s Eastern Desert where field reconnaissance has documented quartz veining, alteration and artisanal workings ahead of systematic sampling and permitting.
~5 kmObserved strike extentRange Prospect reconnaissance, reported 28 May 2026
Up to 50 mObserved mineralised-zone widthVisual field observation; not assay data
44%NME profit shareUnder the September 2025 profit-sharing framework
Technical context
Visual observations of geology, alteration, artisanal workings or potential mineralisation are not assays and should not be treated as evidence of grade or economic mineralisation.
Important exploration caution
The observations described below are visual field observations. They are not assays, do not establish grade and should not be treated as evidence of economic mineralisation. Systematic sampling and laboratory analysis are required.
The observations described below are visual field observations. They are not assays, do not establish grade and should not be treated as evidence of economic mineralisation. Systematic sampling and laboratory analysis are required.
May 2026 reconnaissance
Field observations shape the next program.
The amended 28 May 2026 release reported quartz veining and alteration along approximately five kilometres of strike at the Range Prospect, with an observed zone up to approximately 50 metres wide.
The field team also documented current artisanal workings. NME stated that systematic sampling and laboratory assays were planned and that approvals for shallow diamond drilling were being sought.
The project operates under a profit-sharing framework with Egyptian partners Golden Eagle and SMRC. NME’s September 2025 strategy release described NME as operator with a 44% profit share.
Planned work
From observation to verified data.
02
Laboratory analysis
Use assay results—not visual observations—to evaluate gold occurrence.
03
Permitting
Progress the approvals required for shallow diamond drilling.
04
Target refinement
Integrate verified results into the next exploration decision.
Source disclosures