Shanta Gold (LON:SHG) released excellent production results for its first quarter of the current year. The company produced almost 22,400 ounces of gold at the New Luika gold mine in […]
Tag: #Tanzania
Helio Resource Corp sells itself at a discount to Shanta Gold
Shareholders of Helio Resource (HRC.V) had been waiting years for a deal to materialize, but Shanta Gold (SHG.L) has now (finally) made an offer to acquire Helio in an all-share […]
Black Rock released a scoping study on its Mahenge Graphite project
Back in March, Black Rock Mining (ASX:BKT) released the results of an independent scoping study on the Mahenge graphite project which currently contains in excess of 131 million tonnes at […]
OreCorp is sitting on something nice in Tanzania
OreCorp (ASX:ORR) has released its maiden resource estimate on its Nyanzaga gold project in Tanzania, Africa. This first resource estimate is an important milestone for the company as it would […]
Helio Resource and Solomon Resources sign a LOI to jointly explore the Damara project
Helio Resource Corp (HRC.V) and Solomon Resources (SRB.V) have announced they signed a letter of intent whereby Solomon Resources can earn a 60% stake in the Damara gold-tin project in […]
Tembo Gold plans to raise in excess of C$8M
After six months without a single press release, Tembo Gold (TEM.V) is waking up from a deep sleep and has announced a strategic deal whereby a consortium of new investors […]
Tembo Gold announces a $1M capital raise
Tembo Gold (TEM.V) has announced a private placement, raising C$1M at C$0.40/share with 3-year ½ warrant with a strike price of C$0.60. The entire placement will be taken up by […]
Tembo Gold announces equity financing
Tembo Gold (TEM.V) has announced an equity offering marketed by a consortium of brokers led by Canaccord Genuity. Tembo hopes to raise C$3.5M to continue their exploration drill program at […]
Tembo Gold reports monster hole at Tembo Project
Tembo Gold (TEM.V) has reported the results of a first deep diamond drill hole at their 100% owned Tembo Project in Tanzania. The company tabled an astonishing drill intercept of […]
African Eagle Resources announces maiden resource estimate at Zanzui Nickel
African Eagle Resources (LON:AFE) has announced a first resource estimate at their 85% owned Zanzui project in Tanzania. This resource estimate covers only 3km² of the total land package of […]
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