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JABAL SHAYBAN

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JABAL SHAYBAN
Classification: Active
Status: Advanced Exploration
Type of Work: Surface
Location: Saudi Arabia
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Figure 2: Jabal Baydan local geology plan showing gossans, drilling and significant intercepts.
August 26, 2010
Citadel Resource Group announced results from an ongoing reverse circulation drilling program at the Baydan deposit within Jabal Shayban project located in Saudi Arabia. Highlights include hole BAYC010 which intersected 26.0 m at 2.74 g/t gold, 6 % zinc, 0.6% copper and 72 g/t silver from 122.0 m. The drilling results to date demonstrated that the mineralization trend continue 5 km to the north.
Figure 1 - Long Section of the Jabal Shayban Resource
June 2, 2010
Citadel Resource Group announced a maiden resource at its Jabal Shayban Gold Project, located in the Kingdom of Saudi Arabia. The Indicated+Inferred resource is estimated at 8.7 million tonnes grading 1.4 g/t gold, 16.4 g/t silver, 0.4% copper, 0.8% zinc for 402,000 ounces of gold, 4.6 million ounces of silver, 32,000 tonnes of copper and 67,000 tonnes of zinc.
July 7, 2009
Citadel Resource Group reported results from its third RC drilling program at the Company’s 100%-owned Shayban Gold project in Saudi Arabia. Significant results include 13m at 4.19 g/t Au from 22m in Hole SH079RC, 21m at 3.08 g/t Au from 55m in HoleSH080RC, 40m at 1.66 g/t Au from 58m in HoleSH088RC, 11m at 6.29 g/t Au from 21m in HoleSH090RC and 43m at 9.38 g/t Au from 11m in HoleSH091RC. The holes announced within this report have both extended and, in places, in-filled the Shayban deposit. Drilling continues to focus on extending the northern section of the deposit to the north, west and east, the central portion of the deposit to the east and the southern portion of the deposit to the south down plunge.
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