![The results further underline the resource potential at New Luika. (Image source: Khusen Rustamov/Pixabay)](/images/Shanta_mining.jpg)
The results further underline the resource potential at New Luika. (Image source: Khusen Rustamov/Pixabay)
Drilling at Bauhinia Creek East Area 1 target at New Luika Gold Mine (NLGM) in South Western Tanzania has generated 39,786 ounces (oz) of Indicated resources of gold grading 4.74 g/t at a cut-off grade of 1.0 g/t Au, according to Shanta Gold’s exploration update relating to drilling conducted in Q2 2021