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Thursday 8 September 2016

Shanta Gold Limited hails resource upgrade as “major development”: ProactiveInvestors Stocktube

Published on Sep 8, 2016
Toby Bradbury, chief executive of Shanta Gold (LON:SHG) tells Proactive Investors about the substantial increase in estimated resources at the company’s Ilunga deposit in Tanzania. “This is a major development for the company,” Bradbury asserts. 

The Shanta CEO also assured investors the company was well-financed following its finance reboot earlier this year, having enough money on hand to pay for proposed capital expenditure, service its debt and to perform some exploration work – and that was before the very welcome recovery in the gold price.

 http://www.4-traders.com/SHANTA-GOLD-LIMITED-4005388/

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