Proactive Investors - Run By Investors For Investors

Katoro Gold completes airborne survey over Tanzania project

Katoro will process the data from the final to support the final resource estimation
plane
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).

View full KAT profile View Profile

Katoro Gold Timeline

Related Articles

blood
January 29 2019
"With multiple collaboration agreements and investment from industry we view the company as undervalued," says Northland

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use