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Shanta Gold Ltd.
Summary
| Project: | New Luika | |
|---|---|---|
| Deposit: | New Luika | |
| Location: | Tanzania | |
| Commodities: | Gold | |
| Date: | 12/16/2019 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 16-12-2019: Shanta Gold Ltd. announces an Exploration/Drilling Update report for its New Luika deposit at the New Luika project. Drilling results incl. 10m @ 10.93g/t Au from 49m. Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer an | |
| Resources: | ||
| CP/QP: | [Overall Report]: George Kondela, Paul W. Mbuya (Internal) | |
| ABSTRACT: | Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer, is pleased to report surface and underground exploration drilling results from its ongoing exploration programmes at the New Luika Gold Mine (“NLGM”) in South Western Tanzania. Eric Zurrin, Chief Executive Officer, commented: “Exploration at New Luika remains a high priority focus for Shanta, given the impact that increasing ounces has on shareholder value. The ongoing results are highly encouraging as we can see that they show high grades, at good widths that suggest ongoing life of mine extension.” | |
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