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Shanta Gold makes a 'significant gold discovery' at new West Kenya project

Shanta Gold's (LON:SHG) Eric Zurrin tells Proactive London its new West Kenya project could contain a number of large, high-grade quality deposits with district-scale gold potential.

Zurrin says at 10m wide and 17 grams per tonne - these discoveries are 'awesome'.

He notes the discoveries are 'richer, more attractive and more valuable' than ever before which Zurrin is hoping to reveal further in a scoping study later on in the year.

Quick facts: Shanta Gold Limited

Price: 17.7 GBX

AIM:SHG
Market: AIM
Market Cap: £150.2 m
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Shanta Gold: All systems go for Singida, New Luika and its West Kenya...

Shanta Gold's Eric Zurrin (LON:SHG) talks to Proactive about the third quarter in which Shanta completed the acquisition of the West Kenya Project and started construction at Singida. In the announcement, the New Luika mine in Tanzania produced 19,973 ounces of gold during the third quarter...

3 days, 16 hours ago

2 min read