Orecorp (ORE.AX) has kicked off a 15 hole drill program on the Kilimani zone, part of the Nyanzaga gold project in Tanzania. The Kilimani Zone is located approximately 450 meters […]
Tag: #Tanzania
Tembo Gold attracts Barrick Gold as investor
Tembo Gold (TEM.V) has entered into a binding agreement with Barrick Gold (GOLD, ABX.TO) whereby the latter will acquire six prospecting licenses from Tembo Gold while the senior gold producer […]
Shanta Gold produces 14,600 ounces gold, reiterates full-year guidance
Shanta Gold (SHG.L) has produced just over 14,600 ounces of gold in the first quarter of this year, which is about 30% lower than the 20,600 ounces it was able […]
Shanta Gold produced 22,400 ounces at an AISC of $701/oz in Q1
Shanta Gold (LON:SHG) released excellent production results for its first quarter of the current year. The company produced almost 22,400 ounces of gold at the New Luika gold mine in […]
Helio Resource Corp sells itself at a discount to Shanta Gold
Shareholders of Helio Resource (HRC.V) had been waiting years for a deal to materialize, but Shanta Gold (SHG.L) has now (finally) made an offer to acquire Helio in an all-share […]
Black Rock released a scoping study on its Mahenge Graphite project
Back in March, Black Rock Mining (ASX:BKT) released the results of an independent scoping study on the Mahenge graphite project which currently contains in excess of 131 million tonnes at […]
OreCorp is sitting on something nice in Tanzania
OreCorp (ASX:ORR) has released its maiden resource estimate on its Nyanzaga gold project in Tanzania, Africa. This first resource estimate is an important milestone for the company as it would […]
Helio Resource and Solomon Resources sign a LOI to jointly explore the Damara project
Helio Resource Corp (HRC.V) and Solomon Resources (SRB.V) have announced they signed a letter of intent whereby Solomon Resources can earn a 60% stake in the Damara gold-tin project in […]