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The Markets
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Gold & silver

Shanta Gold confident its West Kenya project can hold 5mln ounces

The gold mining company believes the project help it achieve another milestone

Shanta Gold Ltd said the miner is on track to be 100,000 ounces a year plus in early 2023 while exploration is underpinning its future for the next 15 years.

READ:Shanta Gold reports further high-grade results from its West Kenya project

Shanta today reported bumper gold grades from Isulu and Bushgiangala but speaking to Proactive, Zurrin said he is also optimistic over a new site at Ramula.

Roughly 20-30kms away from Isulu and Bushiangala, Zurrin believes it “really underpins this story that the West Kenya project can hold up to 5 million ounces.”

Zurrin added he is already talking to consultants about a feasibility study in West Kenya in the first quarter of next year.

“We own an incredible project in a fantastic address that is generating a lot of value for us.”

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