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Tanga Resources Ltd.

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Summary

Project:

Singida

Deposit:Winston
Location:Tanzania
Commodities:Gold
Date:12/16/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-12-2016: Tanga Resources Ltd. announces an Exploration/Drilling Update report for its Winston deposit at the Singida project. Drilling results incl. 4m @ 36.49g/t Au from 0m. The gold results shown above indicate high grade mineralisation extending ove
Resources:x
CP/QP:[Overall Report]: John Stockley (Internal)
ABSTRACT:The gold results shown above indicate high grade mineralisation extending over 150m metres from surface to RL 1550m, focussed along the southern contact of folded and faulted magnetite Banded Iron Formation (BIF) and altered meta-sedimentary rocks. Drilling at Winston has shown continuity of high grade gold mineralisation from hole WDH029 in the east to hole WRC021 in the west: a horizontal distance of 120m. Work carried out over the past year at Winston has shown that the high grade gold mineralisation is in a structurally complex, folded and faulted BIF host rock; subvertical in orientation, shoot or pipelike in shape; with variable, steeply dipping to sub-horizontal plunges. Future work at Winston will consist of slicing the sectional geology and gold grade distribution into horizontal flitches and then drawing shapes around the 1g/t envelopes to aim at wire-framing the mineralisation. The wire-frame shapes will be then used to estimate volumes and grade of the shoots and will assist in the understanding of exploring down hole plunge extensions of the high grade shoots. In addition to the above, preliminary gold characterisation (mineragraphy) will be carried out and firstpass metallurgical work will be conducted. High grade core samples have been sent to Mason Geosciences in Adelaide and results are awaited.

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