AMAK discovers new mineral resources in Najran

AMAK says it found potentially economically viable copper, zinc, gold, silver resources

Almasane Alkobra Mining Co. (AMAK) said it discovered potentially economically viable mineral resources containing copper, zinc, gold, and silver within one of its exploration licenses in the Najran region.

AMAK started accelerated exploration activities across the area immediately upon obtaining the license in September 2024, it said in a statement to Tadawul.

The miner drilled more than 27,000 meters as part of an intensive program that began in February 2025.

Preliminary internal studies indicated the presence of a mineral resource estimated at around 11 million tons, with strong potential for further growth, as drilling to date covered less than 10% of the total license area.

AMAK will continue its geophysical and additional drilling programs throughout 2026 to enhance the current resource estimates, with the aim of releasing a maiden JORC-compliant mineral resource report in the second half of 2026, the statement added.

The company also noted that the site is located approximately 100 kilometers from AMAK’s existing processing hub, which further strengthens the project’s future economic potential.