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Handeni Gold Inc HNDI

Handeni Gold Inc. is an exploration-stage company. The Company operates through the acquisition and exploration of mineral properties segment. The Company's principal business is the acquisition and exploration of mineral resources located in Tanzania, Africa. Its principal area of focus is the Handeni Gold Project located in the Handeni district, within the Tanga region of the Republic of Tanzania in East Africa, in which it has interests in mineral claims through prospecting licenses (PLs) and/or primary mining licenses (PMLs). The Handeni Gold properties lie within the Handeni artisanal gold mining district, located in Tanga Province, approximately 175 kilometers (km) northwest of Tanzania's city, Dar Es Salaam, and about 100 km southwest of the more northerly coastal city of Tanga. The total area held by the Company in the Handeni district is approximately 236.65 square kilometers.


GREY:HNDI - Post by User

Comment by 8saturday8on Apr 27, 2013 9:10am
163 Views
Post# 21309505

RE: Chicago Show

RE: Chicago Show

I went to the show. There is nothing really new. They are continuing to do work on the property and they do have another target they want to drill when they get money.. As you know they have to relinquish part of the property back to the government pretty darn soon and they are trying to determine which part of the property they are going to return. That is why all the rock sampling is going on. The one good thing is the government is suppose to return 1 million back to HNDI for the drill program that was carried out. Then HNDI will pay back the interist free money they borrowed  to keep the company going till June. There are 17 targets on the poroperty. One target looks very good. I would like to see them put a couple of holes in the new target. Out side of that there is not much to tell you. I was just glad to see them show up. Most of what I put on the blog here I think everyone knows already.

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