• Amigo to oversee Hamama West gold-silver project
• Preliminary feasibility study underway for Abu Marawat concession

Canadian-based Aton Resources announced on Wednesday, October 1, the appointment of Oscar Amigo as Chief Operating Officer (COO) for its operations in Egypt.

In his new role, Amigo will drive the development of the Hamama West gold and silver project, which the company operates in the North African country. Amigo previously held management positions at First Quantum Minerals and B2Gold.

“Oscar will be joining the team as Chief Operating Officer of our wholly owned subsidiary Aton Mining, and will lead the operations at our fifty percent owned joint venture operating company, Abu Marawat Gold Mines, in Egypt. As such, he will be responsible for accelerating the development of the Hamama West gold-silver mine at our Abu Marawat Concession, as well as taking a seat on the board of AMGM," the company said in a statement.

Hamama West is a deposit on Aton Resources’ Abu Marawat mining concession. It holds indicated mineral resources of 137,000 gold equivalent ounces and inferred mineral resources of 341,000 gold equivalent ounces. The company plans to capitalize on this potential through its joint venture, AMGM, which is equally owned by the Egyptian Mineral Resources Authority (EMRA).

Aton is currently drafting a mine plan for the project as part of a preliminary feasibility study (PFS). This document, which will likely be central to Amigo’s initial work, will ultimately include the first economic indicators for a future mine. The company also plans to incorporate another deposit, Abu Marawat, which contains inferred resources of 162,000 ounces of gold and 2.7 million ounces of silver.

A precise timetable for the PFS publication has not been released. While Amigo’s arrival is expected to support its completion, the preliminary study is a key step before a full-scale mining project can enter the development phase. A definitive feasibility study, which includes recoverable reserves, would be required later.

Aurel Sèdjro Houenou