Last checked at 26 Jan 2022 07:00
Katoro Gold plc (Incorporated in England and Wales)
(Registration Number: 9306219)
Share code on AIM: KAT
ISIN: GB00BSNBL022
("Katoro" or "the Company")
26 January 2022
Katoro Gold PLC ('Katoro' or the 'Company')
Haneti Project Diamond Drill Programme Commences
Katoro Gold PLC (AIM: KAT), the gold and nickel exploration and development company, is pleased to update the market on the Haneti Project diamond drill programme, in which the Company holds 65% ownership interest with 35% held by Power Metal Resources plc (LON: POW). Following the Company's announcement on the 11th January 2022, we can now confirm that the drill rig has successfully been deployed and drilling on the 1000-meter programme has now commenced.
The map highlighting the locations for the drill programme can be found on slide 11 on the following link: https://katorogold.com/wp-content/uploads/2021/05/HANETI-Pres-21_v2.0_040521-1.pdf.
Katoro Executive Chairman, Louis Coetzee, said: "It is a proud moment for us as a Company and our partners to have reached this stage of the Haneti exploration program and we look forward to receiving results from the drill programme."
This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014.
**ENDS**
For further information please visit www.katorogold.com or contact:
Louis Coetzee
| louisc@katorogold.com | Katoro Gold plc | Executive Chairman |
Bhavesh Patel Andrew Thomson | +44 20 3440 6800 | RFC Ambrian Limited | Nominated Adviser |
Nick Emmerson Sam Lomanto
| +44 (0) 1483 413 500
| SI Capital Ltd
| Broker
|
Isabel de Salis Oonagh Reidy | +44 (0) 20 7236 1177 | St Brides Partners Ltd | Investor and Media Relations Adviser |