SEEKING FOR A NEW

PARTNER
INTRODUCTION
• ENOR is an Algerian
company established
under the Algerian
law, which operates
two (02) gold mines
(Tirek and
Amesmessa).

• Our main shareholder is

the Algerian oil
company SONATRACH
(NOC), the first african
oil company.
GENERALITY

ENOR’s mines are located at about 450 km south -

west of Tamanrasset., the capital city of the Hoggar area.
It is a growing town with 100 000 inhabitants.
It has an international airport and a university.
ENOR’S CONCESSION WITH ITS GOLD MINES

ENOR has a mining

license with a total area of
105 850 hectares.

This permit covers a

significant shear zone of
several kilometers length.
It links the Archean
basement to the
Proterozoic formations.
GEOLOGY OF THE ENOR PERMIT

The Tirek and Amesmessa deposits

as well as the dozens of gold
occurrences or geochemical
anomalies, are controlled by a sub-
meridional regional shear zone, of
which the extension is known over
more than 50 km long and 2-3 km
wide ( ductile mylonites).

This shear zone links the Archean

granite-gneiss formations of the
“Mole of In Ouzzal” to the West,
and the Proterozoic formations to
the East.
THE GOLD MINERALISATION

Gold mineralization is quartz veins with pyrite, galena,

gold and rare sphalerite. These veins are interpreted as
shear veins (shear zone) and more rarely as vein of
tension gashes.

Compared to the major Archean gold shears (Kalgoories

– Australia, Gold Val – Canada) which concentrate their
deposits far from the major fault, the Pan African major
fault provides the specificity to hold the two deposits of
Tirek and Amesmessa in addition to other gold
occurrences, which can be their own extension.
THE AMESMESSA GOLD DEPOSIT

Discovered in 1975, the Amesmessa gold deposit is

represented by a dozen of veins areas extending over
approximately 12 km North-South. The main veins 8 and 9 of
this deposit as well as other satellite veins have been mined in
open pits since 2006, in partnership with a foreign partner.

The Amesmessa mine is currently in production.

Approximately 3.7 tons of gold were produced by the Heap
Leach.

On the basis of 43 430 m of DDH, and 800 m of underground

exploration work to the depth of- 80 m, and after expertise done
by SIDAM (Canada), the estimated gold resources of 16 gold
veins known in Amesmessa are approximately 1 400 000 oZ:
AMESMESSA RESOURCES

Grade Ore Obs

Thickness
Resources (m) (g/t) (T) Gold ( kg / Oz)

Categories C1 1.98 18.6 1392900 25 929.8 / 833 755 160 m depth

Categories C2 1.36 17.1 1025700 17 573.0 / 565 048 400 m depth

C1+C2 1.66 18.0 3637600 43 502.8 /1 398 803

Perspectives 1.36 14.6 1219000 17 755.0 / 570 900

AMESMESSA RESOURCES BY DEPTH

CATEGORIE C1 CATEGORIE C1 C1+C2

DEPTH Ore Gold Ore Gold Ore Gold

tons kg/Oz tons kg/Oz tons kg/Oz

- 40 m 13 901/ 446 978 114 100 2 086 / 67 074 901 700 15 987 / 514 051
787 600

- 80 m 19 738 / 634 662 334 400 5 836 / 187 653 1 458 000 25 575 / 822 315
1 122 600

- 160 m 1 392 900 25 930/ 833 762 637 600 9 953 / 320 032 2 031 500 35 883/1 153 794

- 200 m 751 500 11 949 / 384 212 2 145 400 37 879/1 217 974

- 300 m 899 300 14 541/ 467 556 2 293 200 40 471/1 301 318

- 400 m 1 025 700 17 573/ 565 048 2 419 600 43 503/1 398 810

TOTAL 1 392 600 25 930/ 833 762 1 025 700 17 573/ 565 048 2 419 600 43 503/1 398 810
THE TIREK GOLD DEPOSIT

- The Tirek gold deposit is located at

about 64 km north of the
Amesmessa mine.

- It has been mined by open pits

from 2001 to 2007.The ore was
processed by a small CIL plant built
by MDM (South Africa). About 1 800
kg (57 858 Oz) of gold was produced
by the CIL process.

- The Tirek mine is not operating

currently waiting for the studies
concerning the transition to mine this
deposit by underground operations
and building a new CIL plant.
THE TIREK GOLD DEPOSIT

The Tirek deposit is

characterized by a significant
lode device gathered in three
vein fields (A, B, C) spread over
an area of 11.5 Km2.

Between 1973 and 1987,

ORGM carried out on this
deposit an important DDH
program (44 00O m),
underground works (1300 m).
The estimated resources for the
Tirek deposit are presented in
the table below:
THE TIREK GOLD DEPOSIT

Resources Ore (Tons) Grade (g/t) Gold (kg /Oz)

Catégorie C1 395 600 28.5 11 279 / 362 670

Catégorie C2 197 500 18.2 3 591 / 115 460

C1+C2 593 100 25.1 14 870 / 478 130

Perspectives 113 400 17.4 1 972 / 63 410

ADDITIONAL RESOURCES OF THE ENOR’S
PERMIT

• Since 2004, ENOR has confirmed and defined the different

criteria controlling the gold mineralization at regional level by:
• The alteration interpretation of the data from the ASTER
satellite has allowed the identification 76 interesting targets .
The majority of these targets are located in, or near the
regional shear zone cross cutting the archean basement.
Some of them overlap already known occurrences.
• The air mag and spectrometric survey has also confirmed the
structural control of gold mineralization.
• ENOR has carried out a soil geochemical exploration and a
RC drilling program in order to check the Aster anomalies.
• Previously additional resources was estimated to 250 000
Oz.
ENOR’S NEW DEVELOPMENT PROJECT

WE WOULD LIKE TO :

Develop and increase the production capacity of our two

(02) gold deposits.

Launch an important exploration program in order to

increase known resources.
ENOR’S NEW DEVELOPMENT PROJECT

WE ARE LOOKING FOR :

Establishing a win-win partnership with a mining company with

exploration and mining experience of gold ores located in
shear zones.

A company having technical and financial capacities for the

development of mining operations in its two gold deposits
using underground and open pit methods.
ADVANTAGES OFFERED TO OUR FUTUR PARTNER

Financial contribution for the new development plan of

company’s deposits.

Tax advantages related to operation and mining in

accordance with the law in force

Competitive fuel prices

CONCLUSION

This document is a quick presentation of the Tirek and

Amesmessa gold deposits as well as confirmed gold
potentialities in an area with a very favorable archean
environment.
Our company has the support of its shareholder
SONATRACH to develop mining activity in our perimeter,
despite the inconclusive experience with our previous
partner.
We are ready to begin preliminary contacts with any mining
company possessing the required know-how and a strong
aim to develop a long term partnership with us.
APPENDIX
ASTER ANOMALIES AIR MAG WITH ORES AND
OCCURENCES
ENOR’S GOLD PRODUCTION (Oz)

Amesmessa Tirek Total

2001 7588 7588
2002 13312 13312
2003 1865 1865
2004 19196 19196
2005 14309 7106 21415
2006 772 9646 10418
2007 7588 7588
2008 20804 20804
2009 32090 32090
2010 23248 23248
2011 10965 10965
Total 109775 58714 168489
NEW PROJECT PHILOSOPHY

Tirek Mine Amesmessa Mine

Low High High Low

Waste Grade Grade Grade Grade Waste
ore Ore Ore ore

Mise à

Plant
CIL Mise à
Terril
Terril

New Heap
Heap Leach
Leach
AMESMESSA MINING INSTALLATIONS

Designation Year Obs/ origine

Tirek CIL plant 2001 MDM

Carbon plant, ADR and refinery 2006 SVEE
Crushing plant With Agglomerator 2006 Roc Impact
Chemical Laboratory and sample preparation 2006 UEE
Heap Leach Pad 2006
Power supply (6 gensets) 2006 6 x1500 Kva
Warehouse and SP magasine 2006
Mine mobile Equipment Fleet 2006 Caterpillar
Ball Mill 15 tph 2012

RC Rig with a 6x4 truck 2010 Sandvick

AMESMESSA CAMP