RE: Update7 Dec 2021 09:49
@ColonelDrake -- you really read the news release? the problem is fixed and the mine is no aging mine ..the exploration-results are good and the mine has a good future .. ... NLGM 's exploration results are more as OK...
"The current reserve life at New Luika has been extended to 2026, and we are continuing to
invest in exploration programmes aimed at extending the mine life, with recent discoveries at
the Porcupine South deposit adding further life to New Luika once incorporated into the mine
plan. We look forward to publishing a reserve and resource update for New Luika in Q1 2022.
As we transition to a 100,000+ oz gold producer in 2023, ongoing exploration will play a critical
role in sustainably extending and adding to Shanta’s production profiles over time to maximise
the social impact of our assets on the ground and in returns for shareholders"