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: Five prospecting licences covering approx 199 km²; Chunya Administrative District in the Lupa goldfields, Mbeya region, south west Tanzania, the second largest gold producing region in Tanzania.
Mgusu: One prospecting licence covering 0.4 km²; Ilemela Administrative District in the Mwanza region of north-western Tanzania.
Singida: Nine prospecting licences covering 345 km²; Singida Administrative District, Singida Region, central Tanzania.
Songea: Eleven prospecting licences covering 290 km²; Mbinga and Songea Administrative Districts in the Ruvuma region of south-western Tanzania.
This announcement replaces the announcement released on 30 January 2012 at 3.00pm with Hugin number hug1581097 which inaccurately stated the name of FBN Bank (UK) Ltd as “BFN Bank (UK) Limited”. Full release…
Shanta Gold Limited is pleased to announce further encouraging results achieved from the new definition reverse circulation drilling campaign at the Company’s New Luika Gold Mine in an area where ‘spectacular’ gold grades were previously intersected. Full release…
Shanta raises US$25 million since December 2011, without equity dilution on favourable terms. Full release…
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Annual Report
2010 (PDF - 1.3MB)
Audited results for the year ended 31 December 2010 (PDF - 142KB)