viewKatoro Gold

Katoro Gold completes airborne survey over Tanzania project

Katoro will process the data from the final to support the final resource estimation

Survey will help Katoro to prioritise drill targets

Tanzania-focused Katoro Gold Plc (LON:KAT) has completed a Light Detection and Ranging (LiDAR) survey at its Imweru gold project in Tanzania.

Katoro will process the data to support the final resource estimation and optimised mine design at the gold project.

READ: Katoro Gold to create digital map of Imweru prospect in Tanzania

Louis Coetzee, executive chairman, said: "We are fast-tracking the work programme at Imweru and delighted with the speed at which it is progressing. 

"As we move into 2018, we anticipate a steady flow of news as we hit key trigger points including the completion of the PFS, drilling programme, a feasibility study and the application for a Mining Licence as well as the final phase of the Environmental and Social Impact Assessment."

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

Katoro is 57% owned by Kibo Mining PLC (LON:KIBO).

Quick facts: Katoro Gold

Price: 1.05 GBX

Market: AIM
Market Cap: £1.89 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Katoro Gold named herein, including the promotion by the Company of Katoro Gold in any Content on the Site, the Company receives from said...



Full interview: Power Metal's Paul Johnson sees 'significant upside...

Power Metal Resources' (LON:POW) Paul Johnson talks Proactive London's Andrew Scott through developments and the exploration potential at the Haneti project in Tanzania. POW has a 25% interest in the project via its stake in Katoro Gold (LON:KAT) - with a right to increase that to 35% through...

on 9/10/19

2 min read