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Eritrea Gold resources are a boon to Eritrea's economy. A number of metallurgical tests reveals that there are abundant gold reserves in Eritrea. Gold is mostly found in the Precambrian terrains of Asmara west. Many companies are actively involved in the process of mining gold in Eritrea.
Nevson Resources
Nevson Resources is an emerging gold producing company that plans to start with its operation in Eritrea in the near future. The company is greatly known for the discovery of Bisha gold mine in Eritrea. In the year 2008, the company plans to start its operations in Eritrea. It is expected that the project will be able to produce 450,000 ounces of gold in a year.
Harab Suit Gold Prospect
In the late 1930's, Harab Suit Gold mine in Eritrea was developed during Italian colonization. It spreads over an area of 260 square km and contains several zones like the sedimentary, ultramafic intrusive and the volcanic terrain.
Sub Sahara Resource
Sub Sahara Resource will begin its gold mining operation in Eritrea. The drill test reveals that the land will produce 760,000 ounces of high quality gold.
Eritrea gold exploration has been completed on the basis of the four properties: diamond drilling, grab sampling, reconnaissance sampling and the Seroa and Seroa prospects.
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