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Shanta Gold 'one of the best looking junior gold companies in London', says Alastair Ford

Mining Capital's Alastair Ford says Shanta Gold's (LON:SHG) been making a lot of interesting noise around its latest acquisition of the West Kenya project. ''What interests me most about this project is that within what could turn out to be a district play there could be several large gold mines in the ground they've got there''. ''Within that there's already a resource of over a million ounces that a PEA (preliminary economic assessment) is currently being completed on''. The company’s Kenya ground is situated on the northernmost greenstone belt in the Lake Victoria Goldfield, the Archaean Busia-Kakamega (ABK) belt.

Quick facts: Shanta Gold Limited

Price: 16.6 GBX

AIM:SHG
Market: AIM
Market Cap: £140.86 m
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FTSE 100 got a lift as a first treatment for COVID-19, remdesivir, was approved in the US. London’s leading index added 41 points to 5,826 in early dealings. Gilead Inc (NASDAQ:GILD) produces remdesivir and it is said to cut COVID-19 recovery times by five days. According to the World Health...

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