Shanta finds gold at Askari target

February 23, 2016

Responsive image

A reverse circulation drilling programme completed at East Africa-focused Shanta Gold’s flagship New Luika mine (NLGM), in Tanzania, has delivered positive results. The Aim-listed company on Tuesday reported that the 2 699 m first phase of drilling at the Askari mineralised target, located about 14 km west-northwest of the NLGM central processing facility, had encountered mineralisation in 24 of 26 holes.

Category: General