Exploration Drilling and Resource Update
March 2021 and is new information since the Company s last exploration update released 16
th
Highlights:
· Indicated resources at Luika underground deposit ( Luika ) increase by 76,461 ounces ( oz ) grading 7.97 g/t (before Q1 2021 depletion);
o These additional ounces are considered to be at a suitable level of confidence to be incorporated into the mine plan and an update will be provided in due course;
· Total JORC resources at Luika deposit increase by 23% to 425,341 oz and overall resource grade increases by 14% to 3.47 g/t (compared with
Dec 31
st 2020);
· Opportunity for further drilling to add more high grade ounces along the western side of the Luika deposit which remains open at depth and along strike;
Shanta Gold Limited (AIM:SHG) | RNS | Shanta Gold Limited - Exploration Drilling and Resource Update
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Shanta Gold Limited (AIM:SHG) | RNS | Shanta Gold Limited - Exploration Drilling Update
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.