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Katoro Gold completes airborne survey over Tanzania project

Katoro will process the data from the final to support the final resource estimation

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Survey will help Katoro to prioritise drill targets

Tanzania-focused Katoro Gold Plc (LON:KAT) has completed a Light Detection and Ranging (LiDAR) survey at its Imweru gold project in Tanzania.

Katoro will process the data to support the final resource estimation and optimised mine design at the gold project.

READ: Katoro Gold to create digital map of Imweru prospect in Tanzania

Louis Coetzee, executive chairman, said: "We are fast-tracking the work programme at Imweru and delighted with the speed at which it is progressing. 

"As we move into 2018, we anticipate a steady flow of news as we hit key trigger points including the completion of the PFS, drilling programme, a feasibility study and the application for a Mining Licence as well as the final phase of the Environmental and Social Impact Assessment."

READ: Katoro completes second phase of environmental and social study at Imweru

Katoro is 57% owned by Kibo Mining PLC (LON:KIBO).

Quick facts: Katoro Gold

Price: 2.1625 GBX

AIM:KAT
Market: AIM
Market Cap: £5.39 m
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