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Shanta Gold has reported positive drilling results from the second phase of its Bauhinia Creek drilling campaign at the New Luika Gold Mine in South Western Tanzania
Phase 2 drilling has intersected high grade mineralisation over significant widths, providing further evidence of the continuity of the orebody to the west of BC Central where high grade results were intercepted in May 2019.
Eric Zurrin, Chief Executive Officer, commented: 'These are some of the best exploration results yet at New Luika and it is of great encouragement to see such exceptional grades and widths as we go deeper into the orebody. The vertical level of the current mine plan is only 250m below the portal and we look forward to further exploring these high grade extensions in the second half of 2019.'
At 8:20am: (LON:SHG) Shanta Gold Ltd share price was +0.39p at 7.19p