Shanta continues drilling programme in Tanzania
Aim-listed Shanta Gold has drilled four new high-grade intersections as part of the Phase 1 drilling campaign at its Tanzania-based Bauhinia Creek East underground mine.
The new high-grade intersections are situated at depth and to the east of the historical exploration drill hole CSD063, which included an intersection of 6 m, averaging 43.98 g/t gold.
The new intersections are all outside the existing mineral reserves and demonstrate the potential for continued high-grade resource growth.
“These drilling results provide further evidence of high-grade extension at New Luika's Bauhinia Creek deposit. The mineralisation is easily accessible from our existing underground operations and will require minimal capital investment.
“Proving the high-grade extensions has been a priority for Shanta as we continue to focus on adding to our current mine life," CEO Eric Zurrin said in a statement on Wednesday.
The drilling results are over a strike length of 80 m with holes spaced at 40 m sections.
Comments
The
content
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation