Shanta Gold Limited is an exciting gold exploration and development company, engaged in greenfields to advanced exploration in highly prospective under-explored areas in Tanzania. Shanta boasts a strong board and an experienced mining and exploration management team, combined with influential Tanzanian shareholders and partners.
Gold mining has dominated Tanzanian industry for more than a century and Tanzania is now Africa's third largest gold producing country after South Africa and Ghana. Nonethless, the country remains under- explored in comparison with other gold producers of its size and there is therefore a high probability of future discoveries. More about Tanzania...
Chunya: Four prospecting licences covering approx 340 km²; Chunya Administrative District in the Lupa goldfields, Mbeya region, south west Tanzania, the second largest gold producing region in Tanzania.
Mgusu: Two prospecting licences covering approx 1.7 km²; Ilemela Administrative District in the Mwanza region of north-western Tanzania.
Singida: Seventeen prospecting licences covering approx 634 km²; Singida Administrative District, Singida Region, central Tanzania.
Songea: Ten prospecting licences covering ±418 km²; Mbinga and Songea Administrative Districts in the Ruvuma region of south-western Tanzania.
The Board of Shanta is pleased to announce its audited results for the year ended 31 December 2008.
Shanta is pleased to announce that SGS South Africa (Pty) Ltd has completed the preliminary general mineralogical and gold deportment studies for the Chunya project in southern Tanzania.
Shanta Gold Limited is pleased to announce that a conceptual mining study contract and an environmental and social impact assessment have been commissioned for the Chunya project in southern Tanzania.
Annual Report
2008 (985KB)
Final results for the year to 31 December 2008
Interim results for the 6 months to 30 June 2008