RE: RE: ProximityI'm pounding the table here about location, location, location and people have yet to really look at what CDQ has as well. CUI is in a good spot thru historical records as does CDQ.:
Challenger Development Corp. has entered into an option agreement with Eden Gold Ltd., whereby the company will acquire an 80-per-cent legal and beneficial interest in 70 primary mining licences, two prospecting licences and four HQ-P applications for exploration of gold on property located in the Buziba/Geita region of Tanzania. This acquisition further expands Challenger's presence in the Lake Victoria gold mining camp. This new property is composed of approximately 212 square kilometres.
The property is located within the prospective Rwamagaza greenstone belt, part of the Sukuma Land greenstone belt, within the Lake Victoria goldfields. This greenstone belt hosts the Tulawaka gold mine (1.7 million ounces), the Bulyanhulu gold mine (18 million ounces) and the Buzwagi gold mine (4.5 million ounces) which are owned and operated by African Barrick Gold. The property forms part of the Buziba-Busolwa-Buckreef project area that received extensive investigation by East Africa Mines Ltd., Spinifex Gold, Anglo Gold Ashanti, Gallery Gold Ltd. prior to 2006 and IAMGold Tanzania Ltd. between 2006 and 2009.