What's happened?
Tanga Resources Ltd (ASX: TRL, “Tanga”) has provided details on its Namibia gold exploration activities, where extensive progress has been made including the identification of multiple new targets along a major NNE mineralised structure which cuts through the Katerina Gold Project, located within the Damara Orogenic Belt, Namibia.
What are the key highlights?
- Targets include three, large, 2.5km x 1km gold-in soil anomalous areas, each with a threshold over 3ppb gold, with peak values of 26ppb in soil and 212 ppb (0.2 g/t) in rock chips.
- The gold anomalies appear to follow structural features and vectors associated with mineralisation elsewhere in the Damara Belt.
- Tanga currently holds a significant ground position on the Damara Belt, totalling over 1,800km2.