This short article sheds more light on Somaliland’s gold potential and the greater possibility of becoming one of the last mining destinations in East Africa. Apart from Somaliland’s interesting geology- which offers more than 30, 000 km2 of exposed Precambrian rocks of the favorable Arabian –Nubian shield which also forms parts of Saudi Arabia, Sudan, Egypt and Eritrea- the factor of stability and peace makes the country a favored place to do exploration and mining activity. In country, the central government and the local villagers are upbeat about the recent mining and exploration activities and the country ensures security for long-term investments. The opportunities for world-class discoveries in precious metals, base metals and myriad varieties of gemstones are very high. The recently discovered gold nuggets in Irshida Mountains are about to attract the attention of major gold exploration and mining companies from the region and from around the globe.
Gold potential areas
There are many gold potential areas in Somaliland including but not limited to:
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Irshida area and Mait
Irshida village is located in Sanaag region in the eastern part of Somaliland and was recently the centers of great interest as hundreds of gold prospectors rushed to the area after substantial amount of gold nuggets were found. The greenstone belt geology makes Irshida and Mait areas very conducive to profitable gold mineralization.
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Abdul Qadr area and Arabsiyo areas