Andiamo holds the 252 square kilometre Haykota exploration licence,
issued in 2009 and located about 50 kilometres south west of the Bisha
mine in a similar geological environment.
Haykota has several prospects
for Volcanogenic Massive Sulphide (VMS) and copper-rich disseminated sulphide mineralisation, with near
surface gold enrichment. In addition the area hosts geologically much
younger shear-hosted gold mineralisation.
Andiamo Exploration is a private UK company exploring for gold and base metals in Eritrea
Between 2009 and January 2014, Andiamo Exploration Ltd raised approximately US$10.6MM to fund its exploration program in the highly prospective Bisha Belt.
Approximately 30.7 million ordinary shares currently in issue.
Andiamo Exploration Ltd is fully compliant with historic spending commitments and published its maiden mineral resource report in March 2013.
Haykota Exploration Licence
Andiamo Exploration's CEO Letter to Shareholders (May 2015) can be found here
The company's latest presentation can be found here