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IN BRIEF: Shanta Gold shows high-grade results at West Kenya drilling

Fri, 05th Aug 2022 17:52

Shanta Gold Ltd - Guernsey-based east Africa-focused gold producer, developer and explorer - Phase two drilling programme at West Kenya project is aimed at converting resources to Indicated at Isulu-Bushiangala, and so far 10,082 metres of drilling has been completed across 35 holes.

"The latest phase of drilling at West Kenya has continued to deliver consistently high-grade results that are indicative of the vast potential West Kenya offers in the Shanta Gold growth story. The 2022 drilling campaign is two-part, focused on upgrading existing resources to the Indicated category and resource expansion across our numerous targets," said Chief Executive Officer Eric Zurrin.

Current stock price: 9.93 pence

12-month change: down 22%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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