Gold
Highly prospective orogenic gold systems within the Arabian-Nubian Shield.
Photo: Teravolt, CC BY 3.0Diversified Portfolio
16 licences today. Targeting 50+.
A diversified portfolio spanning gold, base metals, copper and heavy mineral sands, focused on the Arabian-Nubian Shield in western Saudi Arabia.
16
Licences
50+
Target
32
Mineral types plus HMS
6
Gold licences granted
Focus Commodities
What we explore
Base Metals
Volcanogenic massive sulphide (VMS) style base-metal potential. We are targeting 16 base metal types.
Photo: James St. John, CC BY 2.0
Heavy Mineral Sands
Heavy mineral sands — ilmenite, rutile, zircon, and leucoxene. Four primary minerals, similar in color and properties, separated by density and magnetic processing.
Photo: James St. John, CC BY 2.0
Gold
Base Metals
Copper
Heavy Mineral Sands
32 mineral types plus HMS
The Opportunity
The Arabian-Nubian Shield
The Arabian Shield is the exposed Precambrian basement that runs along western Saudi Arabia, forming part of the wider Arabian-Nubian Shield on both sides of the Red Sea.
Built from ancient volcanic arcs, sedimentary basins and intrusions that were accreted and deformed, the Shield is recognised for orogenic gold mineralisation and for volcanogenic massive sulphide (VMS) style base-metal potential.
It remains, in global terms, an under-explored region, and it is the geological setting in which PolyMetal is focusing its exploration.
Overview
Portfolio at a glance
Our long-term aim is a portfolio of 50+ licences, built through exploration licence applications for gold and base metals and additional targets under ongoing exploration.
- 16 licences, targeting 50+
- Six gold exploration licences granted
- Gold, base metals, copper and heavy mineral sands
- Head office in Jeddah, branch in Medina
Ready to talk?
Investor enquiries, partnerships or general questions — our team will be glad to hear from you.