Business
Trading Update
Trading Update.
About this update from Bezant Resources Plc
[{"type":"text","content":"\n Tanzania Gold PLC\n17 November 2006\n\n\n17 November 2006\n\n Tanzania Gold Plc ('Tanzania Gold')\n \n Commencement of Drilling at Mkurumu Project\n\nTanzania Gold plc (TZG.L), the AIM listed exploration and development company\nwith projects in highly prospective Tanzania, is pleased to announce continuing\nprogress since its admission to AIM in September 2006.\n\nStanley Mining Services has now commenced drilling with a CS1000 diamond drill\nrig at the Mkurumu Project. The programme, which is expected to continue until\nthe year end, will include at least ten holes of between 1000m to 1100m on five\ndrill profiles to test for mineralisation, stratigraphy and structure.\n\nClive Sinclair-Poulton, Chief Executive of Tanzania Gold, said: 'We are\ndelighted with this progress which puts us ahead of schedule and closer to\nbeing able to release results on this project'\n\nNotes for editors:\n\nTanzania Gold plc (www.tanzgold.com) is focused on the discovery and\nexploitation of gold projects and assets in Tanzania which is the third largest\nproducer of gold in Africa and is increasing its production on an annual basis.\n\nThe majority of gold production is centered around the west of the country,\nwhereas Tanzania Gold is concentrating its efforts in the under explored east,\nan area of great potential.\n\nTanzania has been independent since 1964 and is in the enviable position of\nhaving consistent political stability, holding regular democratic multi-party\nelections. Western style mining laws, combined with good infrastructure, skill \nlevels and a supportive government have attracted a number of world class mining\ncompanies.\n\nEnquiries:\n\nClive Sinclair-Poulton\nChief Executive\nTanzania Gold plc\nTel: +353 (0) 21 439 9136\nFax: +353 (0) 21 421 2810\nEmail: [email protected]\n\nJames Harris\nStrand Partners Limited\nTel: (020) 7409 3494\n\nPeter Krens\nMirabaud Securities\nTel: (020) 7321 2508\n\nGary Middleton\nSt Swithins PR Ltd\nTel: (020) 7929 4391\nMob: 07951 603 289\nEmail: [email protected]\n\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2313,"tagName":"div"}]