Canadian gold developer declares maiden resources for second Tanzanian project

Canadian gold developer declares maiden resources for second Tanzanian project

TSX-V-listed Lake Victoria Gold has declared a maiden mineral resource estimate for the Tembo gold project in Tanzania, with 13.3-million tones of inferred mineral resources grading 1.12 g/t gold for 480 100 contained ounces and 2.69-million tonnes of indicated mineral resources grading 1.16 g/t for 99 700 contained ounces across three near-surface deposits. Notably, the Tembo gold project is immediately adjacent to Barrick Mining's Bulyanhulu mine.

TSX-V-listed Lake Victoria Gold has declared a maiden mineral resource estimate for the Tembo gold project in Tanzania, with 13.3-million tones of inferred mineral resources grading 1.12 g/t gold for 480 100 contained ounces and 2.69-million tonnes of indicated mineral resources grading 1.16 g/t for 99 700 contained ounces across three near-surface deposits. Notably, the Tembo gold project is immediately adjacent to Barrick Mining's Bulyanhulu mine.

This article was originally published by Australasia Global Mining News.

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