Mirbatzei Zahav

The way to recch gold

BACKGROUND

The Ancient Era

“They went to Ophir and took on four hundred and twenty talents of gold, which they brought back to Solomon.”

(Old Testament, 1 Kings, 9, 28)

Dating back to the biblical era, the land of Ophir – modern day surrounding mountains of the city of Eilat – has been the source of many armed conflicts between Egypt in the south, the Edomites in the east, and the Israelites in the north.

What has made this remote desert land so important to everyone?

The answer lies below the surface, in the rich metal deposits of the famous copper mines in Timna and the many surprising golden artifacts that were found in its vicinity.

History has shown that the Millstone Wadi has over 30 millstones and other archeological features related to the processing of gold bearing material early Islamic period.

Modern Day

Minor gold explorations have been conducted by the State of Israel in the Roded Brook area, including: Wadi/stream sediment sampling, rock chip sampling on a grid, and two diamond drill holes to depths of 51 and 56 meters. Significantly anomalous gold was located in several areas, and gold values of up to ~2.8 g/t Au were determined in drill core.

GEOGRAPHY

The Nubian Shield and Arabian Peninsula

Gold Occurrences and Operating Mines

Gold occurrences and operating mines in the Nubian Shield and its counterpart in the Arabian Peninsula, the Arabian Shield. Over 100 occurrences and mines are Neoproterozoic to early Cambrian, principally late Cryogenian-Ediacaran.

There are largely orogenic vein gold deposits found in a variety of structural and lithologic settings, but these also include Tonian-Cryogenian gold-bearing volcanogenic massive sulfide deposits. Selected deposits are named; operating and planned mines shown by crossed hammers. The inset shows tectonic domains characterized by differing orogenic styles.

Designated Area and Land Structure

The Roded Gold Property is located in southeast Israel, 5 km north of the city of Eilat which has an international airport and a deep water port in the Red Sea.

The Roded Gold Property is underlain by Neoproterozoic rocks of the Arabian – Nubian Shield geological province, which is famous for hosting significant gold and base metal deposits and mines in northeast Africa (e.g., Sukari, Egypt; Koka, Eritrea) and the Arabian peninsula (e.g., Mahd el Dhahab, Bulghah, Saudi Arabia). There is potential for mesothermal and/or epithermal gold vein mineralization, as well as alluvial gold mineralization on the property.

The area has a massive working water pipe for the drilling equipment.

A 10 min drive from the city, this area is easily accessible for accommodation of working staff.

ABOUT US

In January 2019, Gold Deposits Ltd. obtained the official exploration and mining permit from The Israeli Ministry of Energy’s Natural Resources Administration for the exclusive rights to commercial mineral prospecting and mining in the Roded Gold Property.

When the mining operation becomes commercial, the company is obligated to pay a 5% commission to the Israeli authorities.

Our Expert Team

Mr. Eli Haham

Mr. Eli Haham is serial entrepreneur. In recent years he has founded and developed companies in the field of IOT. He bought Gold Deposits LTD in order to develop natural resources in Israel.

Professor C. Tucker BarrieLeading Geologist Advisor

Professor C. Tucker Barrie is a first-rate Economic Geologist expert, with more than 30 years of experience in the field. With a Ph.D. in n Economic Geology and Geochemistry from the University of Toronto, in addition to an M.Sc. in Economic Geology from the University of Texas, Professor Barrie’s expertise includes: mineral exploration, exploration research and management, metallic mineral ore deposits, geology, geochemistry, mineralogy and more.

Following his visit to the designated mining area of the Roded Gold Properties in February 2019, Professor Barrie issued a report for further exploration. The report recommends holding a series of ten survey drillings, 50 to 100 meters in depth. These drillings will enable the team to fully map the geological structure and gain stronger indications of rare metals.

 

THE PROJECT

Gold Occurrences and Operating Mines

The Nubian Shield and Arabian Peninsula

Gold occurrences and operating mines in the Nubian Shield and its counterpart in the Arabian Peninsula, the Arabian Shield. Over 100 occurrences and mines are Neoproterozoic to early Cambrian, principally late Cryogenian-Ediacaran.

There are largely orogenic vein gold deposits found in a variety of structural and lithologic settings, but these also include Tonian-Cryogenian gold-bearing volcanogenic massive sulfide deposits. Selected deposits are named; operating and planned mines shown by crossed hammers. The inset shows tectonic domains characterized by differing orogenic styles.

– Johnson et al., in press.

Roded Gold Property- North of the City of Eilat

The Roded Gold Property is located in southeast Israel, 5 km north of the city of Eilat, which has an international airport and a deep water port in the Red Sea.

The Roded Gold Property is underlain by Neoproterozoic rocks of the Arabian – Nubian Shield geological province, which is famous for hosting significant gold and base metal deposits and mines in northeast Africa (e.g., Sukari, Egypt; Koka, Eritrea) and the Arabian peninsula (e.g., Mahd el Dhahab, Bulghah, Saudi Arabia).

There is potential for mesothermal and/or epithermal gold vein mineralization, as well as alluvial gold mineralization on the property.

This area has a massive working water pipe for the drilling equipment, and located only a 10 min drive from the city, this property is easily accessible for accommodating the working staff.

PLAN OF ACTION

Stage 1A

Geological mapping – focus on 1.5 km x 2 km in southwest part of property following results of Israeli Geological Survey stream sediment and prospecting programs; also re-logging of drill holes MAZ-1 and MAZ-2

 

Stage 1B

Initial drill program of 6-10 x 50 m deep diamond drill core drilling with a small, man-portable drill rig to confirm previous drill results from Israel Geological Survey

Contact info