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IN BRIEF: Shanta Gold restarts drilling; Singida delivering targets

22nd May 2023 13:52

Shanta Gold Ltd - East Africa-focused gold producer, developer and explorer - Restarts drilling at New Luika gold mine and West Kenya project. Says a total of 8,000 metres have been drilled across 51 holes at surface and underground deposits in phase one of the drilling programme at New Luika. Up to 26,000 metres drilled across 80 holes at West Kenya project. Says Singida operation is successfully meeting targeted production objectives and exploration drilling of USD500,000 planned for third quarter of 2023.

Current stock price: 11.18 pence, down 0.7%

12-month change: up 15%

By Sabrina Penty, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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