Alexander Nubia Discovers Stacked Volcanogenic Massive Sulphide Horizons at its Hamama Deposit

Alexander Nubia Discovers Stacked Volcanogenic Massive Sulphide Horizons at its Hamama Deposit

* New VMS lenses discovered and visually traced over a strike length of 2,000 metres
* Geologic mapping has identified at least two dozen of these VMS lenses stratigraphically below the Main VMS horizon at a distance of 200 to 600 metres
* Individual VMS lenses range along strike up to 325 metres with a width of up to 28 metres




Toronto, Ontario CANADA, April 23, 2012 /FSC/ - Alexander Nubia International Inc. (AAN - TSX Venture),is pleased to announce results from a mapping program at its Hamama gold-zinc volcanogenic massive sulphide (VMS) deposit in Egypt.   Hamama is located near excellent infrastructure:  32 kilometres from a highway, railway, and high-capacity electricity grid, and 90 kilometres from a major city, Qena, on the Nile River.  The Hamama deposit is 35 kilometres from the company's Abu Marawat gold-copper deposit.

Dr. John Payne, VP of Exploration, said, "The presence of abundant VMS lenses within a much larger zone of footwall alteration supports the interpretation that Hamama represents a major VMS system in which hydrothermal activity, culminating in VMS deposits, occurred repeatedly below and at the sea-floor-bedrock interface over an extended time period. Stacked VMS deposits representing repeated pulses of hydrothermal activity are common in many VMS districts, e.g., Noranda and Amulet (Canada), Campo Morado (Mexico)."  

The discovery of lenses within the footwall of the principal VMS horizon suggest the presence of at least six stacked layers of VMS material within an open-ended zone traceable along strike for 2,000 metres.  These new VMS lenses have been flagged for deep channel surface sampling.  An excavator, equipped with a hydraulic hammer, has been mobilized for the purpose of trenching.  Geological mapping continues in this zone with the purpose of identifying more similar lenses.

Alexander Massoud, Chief Executive Officer, commented "The discovery of additional VMS lenses, combined with a 3,000+m strike of the main VMS is an strong indicator of the deposits potential. This is a positive step in validating the Hamama deposit which is located within the Arabian-Nubian Shield where a number of significant VMS discoveries have been made."

Other VMS deposits in the Arabian-Nubian shield (a mineralized belt that extends into Saudi Arabia and from Egypt to Eritrea) that either are in production or at an advanced stage of exploration include:  

* Barrick Gold Corp. (TSX: ABX) - Jabal Sayid (Saudi Arabia)
* La Mancha Resources Inc. (TSX: LMA) - Hassai deposit (Sudan)
* Tigray Resources Inc. (TSX.V: TIG) - Harvest deposit (Ethiopia)
* Nevsun Resources (TSX:NSU) - Bisha deposit (Eritrea)

Qualifying Person

The technical information contained in this news release was prepared or reviewed under the direct supervision of Mr. Ralph Gonzalez (P.Geo.), Alexander Nubia Inc.'s Project Manager for exploration in Egypt.  Mr. Gonzalez is a qualifying person under National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101").

About Alexander Nubia International Inc.

Alexander Nubia International Inc. (TSX-V: AAN) is a Canadian exploration and development Company focused on the exploration of precious and base metals in the Eastern Desert of Egypt.  The Company holds two exploration concessions: Abu Marawat and Fatiri, which cover a combined total area of 2,772 km2.

The Company is currently focused on exploration within the Abu Marawat concession where the company's two main properties are situated.  In this 1,027 km2 historical gold and copper mining district are numerous small workings including, historical small-scale mining at the Abu Marawat Deposit, Hamama - a volcanogenic massive sulphide deposit and two past-producing gold mines (Semna and Sir Bakis).  The principal projects, Abu Marawat and Hamama VMS are located near excellent regional infrastructure.  The projects are 35 kilometres apart and are within 30 kilometres of a highway, railway, and high-capacity electricity grid, and are near major cities: Qena, on the Nile River, and Safaga, on the Red Sea.


For more information please visit www.alexandernubia.com or contact:


A. Alexander Massoud
President and Chief Executive Officer
Egypt: +2 (0) 22 287 6914
Email: amassoud@alexandernubia.com


Donald M. Cameron, CA
CFO
Canada: +1 (877) 607-4747
Email:  dcameron@alexandernubia.com


Nisha Hasan
Investor Relations, TMX Equicom
416-815-0700 ext. 258
Email: nhasan@alexandernubia.com



Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.  The securities of Alexander Nubia International Inc. described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.  Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.  Actual results in each case could differ materially from those currently anticipated in such statements.  


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Source: Alexander Nubia International Inc. (TSX.V -  AAN) http://www.alexandernubia.com
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