Another DEAL made Tanzania right in theheart of the GOLD MINES area Lake Victoria Goldfields.. Like this property they just need now to start drilling it. Already proven GOLD on the land. JMHO
Gold Mine Resources/Reserves within the Lake Victoria Goldfields.
MINE NAME RESOURCES / RESERVES GRADE / OWNER
1Geita 12.4M oz Au (Total Resources) 3.5 g/t Anglo Gold-Ashanti Ltd
2Golden Pride 393,000 oz Au (Total Reserves) 2.6 g/t Resolute Mining
3Bulyanhulu 12M oz Au (Total Reserves) 12.6 g/t Barrick
4Tulawaka 1.7M oz (Total Reserves) 19 g/t Barrick / Northern Mining Explorations
5Golden Ridge 1.6M oz. Au (Total Resource) 1.4 g/t Barrick
6North Mara 3.2M oz Au (Total Reserves) 3.5 g/t Barrick
1. Anglo Gold Ashanti (Tanzania Country Report, 2007)
2. Resolute Mining website, 2009
3. Barrick website, 2009; Mining Review Africa, 2007
4. Lake Victoria Mining Company website, 2009
5. Lake Victoria Mining Company website, 2009
6. Mining Review Africa, 2007
Above information taken out from NI 43-101 Technical Report. Read it you will know more about CDQ.
https://www.challenger-development.com/pdf/Buziba-Busolwa-43-101.pdf