«Ankh Resources» Launches Diamond Drilling at Wadi Dara to Confirm Gold and Copper Reserves

Ankh Resources, led by Founder and CEO Eng. Mostafa Talaat, has announced the official launch of its diamond drilling program at its promising Wadi Dara project — a milestone that marks a significant leap toward developing one of Egypt’s most modern gold and copper mining ventures.

«Ankh Resources» Launches Diamond Drilling at Wadi Dara

This announcement crowns years of extensive geological studies and technical surveys that confirmed the area’s strong mineral potential, classifying it among the most promising resource-rich regions in Egypt’s Eastern Desert.

Diamond drilling is recognized as one of the most advanced and precise exploration methods, enabling the extraction of core samples that reveal detailed rock structures and mineralization, boosting confidence in the project’s feasibility and economic value.

Talaat emphasized that this new phase is part of a comprehensive strategy to transform Wadi Dara into a fully integrated gold and copper production project, aligning with Egypt’s national vision to maximize the value of its mineral wealth and convert it into added economic benefits that support the national economy.

He added that the company remains committed to the highest standards of safety and operational excellence while honoring its social responsibility toward surrounding communities — creating new job opportunities, supporting local infrastructure development, and promoting sustainable growth programs.

The results of the diamond drilling campaign are expected to provide a more detailed geological map of the area, aiding in precise reserve estimation and paving the way for a phased and well-structured development plan.

This project further strengthens Egypt’s investment landscape in the mining sector, which has witnessed strong momentum in recent years thanks to regulatory and legislative reforms that have attracted substantial domestic and foreign investments.

With this move, Ankh Resources positions itself as a key player in the region’s mining industry, guided by a clear vision that combines ambitious investment, global best practices, and an active contribution to Egypt’s Vision 2030 — advancing the mining sector into a strategic pillar of the national economy.