Katoro prepares Haneti site for maiden drilling programme

1st October 2020 By: Marleny Arnoldi - Deputy Editor Online

Aim-listed Katoro Gold says pre-drill rig and technical team mobilisation is now under way at its Haneti exploration project, in Tanzania.

This will prepare the site for a maiden drilling programme targeting nickel sulphide and platinum group metal mineralisation.

Katoro also confirmed the availability of a drill contractor to start working on the site as soon as possible, subject to applicable Covid-19-related restrictions.

The company believes Haneti holds significant potential to host a world-class nickel deposit within a previously identified 80-km-long ultramafic complex.

Previous exploration work in this complex delivered nickel values as high as 13.6% and 2.33 g/t combined platinum and palladium.