© MLI Ltd 2012

Mangae Goldmine

The Mangae-Sufoma gold project is located 180km west from Dar-es-Salaam and approximately 40 km south west of Morogoro. Mangae project comprises 156 Licences with an option for a further 34. Licences granted in 2010 with current licenses covering approx 160Ha.

 

MLI believes the project area represents a major previously unrecognised goldfield and deposit style. Mangae itself has the potential based on current data for  a resource of +4.0Mt @ 5g/t for +550,000oz Au contained to a depth of 3-25metre key attributes are shallow high grade ore, soft easy strip, selective mining, low processing tonnage, simple metallurgy and good recovery.

 

An initial bulk sample at Mangae of 1000t is scheduled to commence in March 2015