New gold zone found in Tanzania

BAK · Mar 17, 2009

New gold zone found in Tanzania

THISDAY REPORTER & AGENCIES
London

THE AIM-listed mineral exploration and development company Obtala Resources Plc has identified a new gold zone in its Buckreef licence in the Lake Zone of Tanzania as results from new soil sampling tests resolved a considerably larger target than defined by the original sampling in 2008.

The licence is positioned ideally in what the company describes as a world-class gold producing region, with operations including the Geita Gold Mine run by South Africas Anglogold Ashanti close by.

Obtala said yesterday it had identified a 4-kilometre long, gold-in-soil, geochemical anomaly in the area, representing an exciting new zone of mineralization that has not been previously tested or discovered by either trenching or drilling.

The company said it remained fully funded to continue its exploration programme over all its licence areas for 2009 and thereafter.

The Buckreef licence covers an area of 16.46 sq km located 120km southwest of Mwanza on the shores of Lake Victoria, and 4km west of the Buckreef Gold Mine currently being evaluated by IAMGold.

It is estimated that there is gold in soil up to 704 parts per billion (equivalent to 0.704 g/t) in the area.

PatPending · Mar 17, 2009

More misery on the way

KUNANI PALE TGA · Mar 17, 2009

Mafisadi watazidi kunona....SISI TUTAENDELEA NA KUZIDI KULA MAJANI...

KiuyaJibu · Mar 17, 2009

Sisi ni matajiri sana ila mizengwe ya hapa na pale ndiyo inayoturudisha nyuma.Sasa sikiliza mkataba utakavyokuwa wa aibu yaani kama tumelogwa vile!!Mimi nasema hivi,hapo kuna mawili watakufa watu na mkataba/mikataba njaa tupu.
Sijui kama tutapata maslahi ya kujivunia;kama watu wenyewe tunatumia nguvu na gharama kubwa kukusanya kodi katika magenge,maduka na masoko sasa kwanini bajeti isiendelee kuwa tegemezi?Deal za maana ndiyo hizi lakini tunawagawia matajiri.

Jmpambije · Mar 17, 2009

Ni mapema mno kuongelea suala la mkataba. kwa soil results ni vigumu kujua kama watapata kiasi cha kutosha kufungua mgodi au la. waki-drill na kufanya resource estimation ndipo tutajua kuna mali ama la.

Rwabugiri · Mar 17, 2009

Jmpambije said:
Ni mapema mno kuongelea suala la mkataba. kwa soil results ni vigumu kujua kama watapata kiasi cha kutosha kufungua mgodi au la. waki-drill na kufanya resource estimation ndipo tutajua kuna mali ama la.

Mpambije madhahabu Mengi tuuu ya kumwaga tatizo ni kuwa yooote anayafaidi Sinclair and his allies, wangosha wote wanaishia kutembelea kandambili zilizo isha kisiginoni japo wanaishi juu ya dhahabu!

Sijui tumelaaniwa masikini!!!!!

Ochu · Mar 17, 2009

it is not for us BUBU....it is for Mafisadi

BAK · Mar 17, 2009

Ochu said:
it is not for us BUBU....it is for Mafisadi

Hili la rasilimali zetu kuendelea kuwanufaisha mafisadi wa ndani na nje ya nchi tumelikataa na ndiyo maana tunajaribu kila tuwezalo ili kuhakikisha kwamba mikataba ya rasilimali zetu inatunufaisha Watanzania badala ya kuwanufaisha wachukuaji alias mafisadi pekee

Kidatu · Mar 17, 2009

Asante Nyerere kwa kututunzia rasilimali hizo. Ungeamua kuwa FISADI ungeweza kujinufaisha pekee yako. Ninawalaumu viongozi wetu wa sasa kwa kufanya rasilimali za watanzania ni mali ya wageni na wala nchi. Kugundulika kwa dhahabu hii hakuna faida kwa watanzania. Je Watanzania wanafaidika nini na machimbo ya dhahabu yanayochimbwa sasa?.

Koba · Mar 17, 2009

...realy really bad news!

Nyani Ngabu · Mar 17, 2009

Koba said:
...realy really bad news!

Nyamaza wewe bad news kivipi?

Nkamangi · Mar 17, 2009

Shouldn't we at least leave "some" underground treasure for the future generations to find? It seems like we don't want to leave any "stone unturned" in our life time.

Marlenevdc · Mar 17, 2009

PatPending said:
More misery on the way

Indeed, more misery on the way for common man as politicians would like as usual to pocket 5% and let whoever it is to take the lion's share!

Geeque · Mar 17, 2009

Majambazi na Mafisadi wa CCM wanashangilia ulaji mpya sasa hivi.

Black Jesus · Mar 17, 2009

Bubu Ataka Kusema said:
New gold zone found in Tanzania

THISDAY REPORTER & AGENCIES
London

THE AIM-listed mineral exploration and development company Obtala Resources Plc has identified a new gold zone in its Buckreef licence in the Lake Zone of Tanzania as results from new soil sampling tests resolved a considerably larger target than defined by the original sampling in 2008.

The licence is positioned ideally in what the company describes as a world-class gold producing region, with operations including the Geita Gold Mine run by South Africas Anglogold Ashanti close by.

Obtala said yesterday it had identified a 4-kilometre long, gold-in-soil, geochemical anomaly in the area, representing an exciting new zone of mineralization that has not been previously tested or discovered by either trenching or drilling.

The company said it remained fully funded to continue its exploration programme over all its licence areas for 2009 and thereafter.

The Buckreef licence covers an area of 16.46 sq km located 120km southwest of Mwanza on the shores of Lake Victoria, and 4km west of the Buckreef Gold Mine currently being evaluated by IAMGold.

It is estimated that there is gold in soil up to 704 parts per billion (equivalent to 0.704 g/t) in the area.

Tupelekeeni salamu zetu kwa watawala mara hii watukumbuke na sisi tumeshachoka maisha haya ya kubahatisha huku tukiwa tunawangalia wao na familia zao wa kipeta mitaani na mashangigi walala tukiwa tunauziana maneno ili mtu upate mkono kwenda kinywani

Kichuguu · Mar 17, 2009

Bubu Ataka Kusema said:
New gold zone found in Tanzania

THISDAY REPORTER & AGENCIES
London

THE AIM-listed mineral exploration and development company Obtala Resources Plc has identified a new gold zone in its Buckreef licence in the Lake Zone of Tanzania as results from new soil sampling tests resolved a considerably larger target than defined by the original sampling in 2008.

The licence is positioned ideally in what the company describes as a world-class gold producing region, with operations including the Geita Gold Mine run by South Africas Anglogold Ashanti close by.

Obtala said yesterday it had identified a 4-kilometre long, gold-in-soil, geochemical anomaly in the area, representing an exciting new zone of mineralization that has not been previously tested or discovered by either trenching or drilling.

The company said it remained fully funded to continue its exploration programme over all its licence areas for 2009 and thereafter.

The Buckreef licence covers an area of 16.46 sq km located 120km southwest of Mwanza on the shores of Lake Victoria, and 4km west of the Buckreef Gold Mine currently being evaluated by IAMGold.

It is estimated that there is gold in soil up to 704 parts per billion (equivalent to 0.704 g/t) in the area.

Ndipo tutazidi tutalia na kusaga meno.

Ngekewa · Mar 17, 2009

Bubu Ataka Kusema said:
New gold zone found in Tanzania

THISDAY REPORTER & AGENCIES
London

THE AIM-listed mineral exploration and development company Obtala Resources Plc has identified a new gold zone in its Buckreef licence in the Lake Zone of Tanzania as results from new soil sampling tests resolved a considerably larger target than defined by the original sampling in 2008.

The licence is positioned ideally in what the company describes as a world-class gold producing region, with operations including the Geita Gold Mine run by South Africas Anglogold Ashanti close by.

Obtala said yesterday it had identified a 4-kilometre long, gold-in-soil,
geochemical anomaly in the area, representing an exciting new zone of mineralization that has not been previously tested or discovered by either trenching or drilling.

The company said it remained fully funded to continue its exploration programme over all its licence areas for 2009 and thereafter.

The Buckreef licence covers an area of 16.46 sq km located 120km southwest of Mwanza on the shores of Lake Victoria, and 4km west of the Buckreef Gold Mine currently being evaluated by IAMGold.

It is estimated that there is gold in soil up to 704 parts per billion (equivalent to 0.704 g/t) in the area.

Hiyo ni faraja kubwa hasa kule Zanzibar kwa vile na wao watapata mgao wao kabla ya kutugaia na sie mgao wao wa mafuta.

Rwabugiri · Mar 18, 2009

Ngekewa said:
Hiyo ni faraja kubwa hasa kule Zanzibar kwa vile na wao watapata mgao wao kabla ya kutugaia na sie mgao wao wa mafuta.

Ngekewa mbona unataka kuleta kesi hapa? wakugawie tena?? mi simo lol!

MpigaFilimbi · Mar 19, 2009

Nkamangi said:
Shouldn't we at least leave "some" underground treasure for the future generations to find? It seems like we don't want to leave any "stone unturned" in our life time.

U r right!!! We are too greed to exploit everything available, wht will the future generation inherit, holes, caves, poor unfertile soil, polluted waters, deserts, u name them!! And the profits have never trickled down to all, better leave everything underground as the late Nyerere did!!

Nyumbu · Mar 19, 2009

Hii ni bad news kabisa. Tutaendelea kufanyiziwa tu...

Kuna wakati Mwalimu alituambiaga - Tanzania sio nchi maskini... ni wajinga tu... uchumi tunao... tumeukalia. Siku hizi hatuukalii tena uchumi wetu. Mkapa alitufundisha tuwe wawazi, tukaamua kubon'goa, tena kwa raha zetu...

New gold zone found in Tanzania

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