Shanta Gold's Eric Zurrin talks to Proactive about what he describes as "very strong production" and "excellent grades" from the New Luika mine, along with the company's plans to grow without any equity dilution, thanks to a new loan announced earlier this week.
Zurrin says the deal is a significant step for Shanta as it will enable the company to accelerate growth across the wider portfolio, specifically at the Singida project. Meanwhile, he adds that newly licenced acreage close to Shanta's mine provides a "very long dated option" to unearth new reserves and extend mine life.