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Katoro Gold to create digital map of Imweru prospect in Tanzania

The survey is expected to add integrity and confidence to the ongoing pre-feasibility study

Truck in a dusty mine
Airborne survey adds integrity and confidence to the ongoing pre-feasibility study

Katoro Gold PLC (LON:KAT) is to carry out a pulsed light survey at Imweru in Tanzania to create high-resolution, detailed topographical maps of the gold prospect.

Louis Coetzee, executive chairman, said the LiDAR survey would add integrity and confidence to the ongoing pre-feasibility study (PFS).

READ: Katoro completes second phase of environmental and social study at Imweru

“Thanks to completing previous milestones at Imweru ahead of schedule, we can deliver this supplementary survey without compromising the timeline for the PFS and at no additional cash cost.”

The airborne LiDAR survey will cost US$14,000 (to be paid in shares) and create a highly accurate data set over the entire envisaged Imweru mining area.

LiDAR works by illuminating a target with a pulsed laser light and measuring the reflected pulses with a sensor.  

READ: Katoro Gold pushes ahead at Imweru as it submits mining licence application three months ahead of schedule

Additionally, Katoro said it had completed the second phase (of three) of its environmental and social impacts assessment for Imweru and will now start work on the final phase.

Quick facts: Katoro Gold

Price: 1.05 GBX

Market: AIM
Market Cap: £1.89 m

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