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ConferredDiligence

03/29/11 12:18 PM

#3664 RE: ConferredDiligence #3663


Additional PR

http://www.sys-con.com/node/1771483


Looks like Otterburn is going to be our mining partner. Roger Newell has stated he wants to create a gold mine and Otterburn seems to have the same objective. With more positive results coming from Singida, I wonder if its possible to start mining some gold this year!

Quote from additional PR:

"Tanzania is Africa's third largest gold producer with approximately 45 million ounces in gold reserves including Barrick's producing gold mines, North Mara, Bulyanhulu, Tulawaka and Buzwagi, and Anglo Gold's Geita Mine. Otterburn's objective is to create another gold mine in the Lake Victoria Greenstone Belt".