Partners extend Tulawaka

Drilling has confirmed the down-plunge extension of the East zone at the Tulawaka property in Tanzania’s Lake Victoria Goldfields district.

Operator Pangea Goldfields (PGD-T) holds a 70% interest in the property, which is said to bear similarities to producing gold camps in eastern Canada and Australia. Montreal-based Minieres du Nord (MDN-M) holds the remainder.

The highlight of the recent program was hole 6, which intersected the main quartz vein and graded 22.6 grams gold per tonne over a true width of 9 metres at a depth of 100 metres. Drilling of talus on 12.5-metre centres has identified two zones of high-grade gold mineralization: a 250-by-60-metre zone, averaging 13.18 grams over 3 metres, was defined by 137 reverse-circulation holes, while a second zone, 350 by 40 metres, averaged 10.46 grams over 4.18 metres. Mineralization in both zones remains open to the south.

The companies are also joint owners of the nearby Kanegele property.