https://www.miningweekly.com

Latest drilling results show potential to upgrade Singida economics

9th April 2018

By: Anine Kilian

Contributing Editor Online

     

Font size: - +

JOHANNESBURG (miningweekly.com) – East Africa-focused Shanta Gold has reported positive reverse circulation (RC) drilling results at its Singida project, in Tanzania. 

Encouraging mineralised drilling intersections achieved include 10 m at 20.82 g/t of gold from 138 m, including 3 m at 57.13 g/t.

“These positive drilling results have the potential to enhance the current project economics at Singida, as well as improve the prospects of expanding the project beyond the current scope of construction,” CEO Eric Zurrin said in a statement on Monday.

The RC drilling programme was aimed at testing the down-dip and down-plunge continuity of the high-grade mineralised shoots that will facilitate upgrading of resources immediately below the current designed pits from the inferred to the measured and indicated categories.

The first part of the drilling programme focused on the Gold Tree and Jem deposits in February and March, during which 15 holes totalling 1 603 m were completed. 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION