The Egyptian Eastern Desert, Sudan, Western Saudi Arabia, Jordan, Palestine, Ethiopia, Yemen, Somalia, and Eritrea is belonging to the so-called Arabian Nubian Shield (ANS). ANS may be the largest tract of juvenile continental crust of Neoproterozoic age on Earth.

Geologically, the property includes Neoproterozoic island arc and ophiolite units, syn-to-post tectonic intrusive and Cretaceous sandstones. The property is structurally complex and includes several stages of compressional and transpressional deformation.

Aswan concession is located at wadi Allaqi region which has long history of tectonic activity, the project represents part of the Neoproterozoic Allaqi – Heiani suture. The structural history of the area has implication for models of the evolution of the Arabian-Nubian shield, and crustal growth in the Neoproterozoic, separated from the Onib-Sol-Hamed suture by the Hamisana Shear Zone.

Mineralization within the property includes vein-type and disseminated-type gold associated with quartz veins and altered serpentinite (“listwaenites”) respectively. It also includes historical and active artisanal gold workings that exploit bedrock and surficial material.