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Mining

Kibo and Metal Tiger get underway at Morogoro

Assay tests will be carried out on existing samples for gold and multi-element mineralisation.

Kibo Mining (LON:KIBO) and its partner Metal Tiger (LON:MTR) have started work on the Morogoro gold/copper project in Tanzania.

Assay tests will be carried out on existing samples for gold and multi-element mineralisation with results due in the third quarter.

Morogoro is 100km south of the Magambazi discovery made in 2007 by Canaco Resources and in an seen as prospective for significant gold and copper mineralisation.

Metal Tiger is to fund the first US$800,000 of the exploration costs at Morogoro, which comprises 18 licences in total, after which costs will be shared on a 50/50 pro-rata basis.

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