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đ„đžđŠ SAUDI ARABIA CONFIRMS NEW MULTI-METAL DISCOVERY IN NAJRAN! đ„
A major announcement from AMAK Mining Company reveals a new deposit containing copper, zinc, gold & silver â discovered in the Najran region.
đ Whatâs Confirmed
â Exploration license issued in Sept 2024
â Over 27,000+ meters of drilling completed
â Preliminary company estimate suggests ~11 million tonnes of mineralized ore
â Metals present: Copper, Zinc, Gold, Silver
â Only <10% of the area explored so far, more drilling underway
â ïž Important Note
This 11M-tonne figure is preliminary.
It is not yet a certified proven reserve â official resource classification expected after further surveys and analysis.
đ Why This Matters for Markets
Copper & zinc demand rising due to EVs, data centers, batteries
Gold & silver remain strong store-of-value and tech metals
Saudi Arabia expanding its mineral sector as part of Vision 2030
đ Why Crypto Traders Are Watching
While thereâs no direct link to any coin, macro shifts like new resource discoveries often:
âą Boost regional investment
âą Increase liquidity
âą Strengthen long-term economic narratives
Good to follow â but avoid hype. Stick to verified updates.
đ Source: AMAK official announcements & Saudi mining reports
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