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Investegate |Shanta Gold Limited Announcements | Shanta Gold Limited: West Kenya Project Resource Update

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.

Northern Cape , South Africa , United Kingdom , City Of , Charlie Bendon Richard , Catherine Pitman , Kakamega Dome , Eric Zurrin , Yuri Dobrotin , Cath Pitman , Sara Powell Genevieve Ryan , Liberum Capital , Drilling Programme , Aviva Mining Ltd , Investor Meet Company , Lonmin Plc , Shanta Gold Kenya Ltd , Laboratory In Mwanza , Shanta Gold , Acacia Mining Ltd , National Instrument , London Stock Exchange , Tamesis Partners , Financial Conduct Authority , Afriore Ltd , Oil Gas Companies ,

Hochschild Mining PLC (LSE:HOC) | RNS | Hochschild MiningPLC - Q2 2021 Production Report

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 ....

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Hochschild Mining PLC (LSE:HOC) | RNS | Hochschild MiningPLC - Q2 2021 Production Report

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.

Santiago Del Estero , British Columbia , United Kingdom , Iv Region , Tres Reyes , City Of , Ignacio Bustamante , Charlie Jack , Charles Gordon , Hudson Sandler , Crespo Norte , Ramal Piso Angela , London Stock Exchange , Regulatory Information Service , Skeena Resources , Crisis Committee , Board Of Hochschild Mining , International Dial , San Jose The Company , Hochschild Mining , Chief Executive Officer , Skeena Resource Snip , Lost Time Injury Frequency Rate , Accident Severity Index , Water Consumption , Kingdom Toll Free Number ,

Investegate |Shanta Gold Limited Announcements | Shanta Gold Limited: Shanta Gold Announces New 5-Year Production Plan

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 ....

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Investegate |Shanta Gold Limited Announcements | Shanta Gold Limited: Q2 2021 Production and Operational Update

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; ....

United Kingdom , City Of , Charlie Bendon Richard , Eric Zurrin , Ben Brewerton Jourdan Webb , Exim Bank , Liberum Capital , Tamesis Partners , Pharmaccess Foundation , Investor Meet Company , Tanzanian Revenue Authority , Mbeya University Of Science , Shanta Gold , National Hospital Insurance Fund , Mangonyi Secondary School , East Africa Focused , East African , New Luika Gold Mine , Singida Project , West Kenya Project , Zero Lost Time Injuries , New Luika , Adjusted Operating Costs , All In Sustaining Costs , West Kenya , Crushing Circuit ,