Investegate |Shanta Gold Limited Announcements | Shanta Gold Limited: West Kenya Project Resource Update investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
30 June 2021
Ignacio Bustamante, Chief Executive Officer said: The second quarter results have been solid across our operations and we remain on course to deliver our production and cost targets for the year. In addition, drill results have continued to be encouraging at Inmaculada with 29 million silver equivalent ounces of high grade Inferred resources already added in the first half. We have also seen further positive results from the Snip project in
Canada. Finally, today we have also announced that we will be holding a capital markets presentation in September which will cover our exciting rare earths project in
Chile.
o 3.1 million ounces of silver
Hochschild Mining PLC (LSE:HOC) | RNS | Hochschild MiningPLC - Q2 2021 Production Report proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
Reserve and resource growth and mine life extension · Group-wide gold reserves as at 30 June 2021 of 666,000 ounces ( oz ) grading 2.99 g/t (JORC compliant); · Gold reserves at NLGM of 423,000 oz grading 2.99 g/t, up from 382,000 oz grading 2.98 g/t as at 31 December 2020 (net of mining depletion); · Group-wide gold resources of 3,215,000 oz grading 3.62 g/t (JORC compliant in Tanzania and NI43-101 in Kenya); o New Luika (Tanzania): 1,129,000 oz grading 2.73 g/t; o Singida (Tanzania): 904,000 oz grading 2.38 g/t; o West Kenya Project (Kenya): 1,182,000 oz grading 12.6 g/t; and, · Reserve-based mine life extended to 2026 at NLGM and 2029 at Singida. Transformational production increases from 2023 with significant upside potential
Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer announces its production and operational results for the quarter ended 30 June 2021 (the Quarter , Q2 or the Period ) for its East African assets, including New Luika Gold Mine ( NLGM or New Luika ) and Singida Project ( Singida ) in Tanzania and West Kenya Project ( West Kenya ) in Kenya. Highlights · Zero Lost Time Injuries ( LTI s ), with no LTI s since Q4 2017, surpassing 7 million man-hours; · Precautionary COVID-19 measures at all sites to protect the health and safety of staff and the continuity of operations which remain unaffected; · US$4.2 million ( m ) of VAT receivables offset against H2 2020 corporation tax liability;