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Shanta finds gold at Askari target

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.