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Tanzanian Royalty Exploration Inks Agreement to Complete PEA of Surface Rubble Deposit

Tanzanian Royalty Exploration has signed a contractual agreement with South Africa-based Consulmet Metals in order to complete a preliminary economic assessment (PEA) of the Kigosi gold project’s gravity recovery unit, located in Tanzania’s Lake Victoria Goldfields.

A definitive feasibility study will be commenced after the PEA’s conclusion and will help to submit the company’s mining license and offer a base for the plant design and associated work, which will be finished based on a “turnkey”.

Consulmet has delivered more than 100 plants in the chemical, minerals and metals processing industries. The phase I plant at its basic minimum will include process circuits such as calcining, crushing, gravity separation, milling, tailings disposal, smelting, reagent make-up, mixing, dosing and distribution, and utilities like air, electricity and water.

A surface rubble deposit will be the focus of the PEA. This was identified on Kigosi project through the original inclined-hole reverse circulation (RC) exploration drill program conducted on the Luhwaika prospect. This RC program was performed on a 30x100 m grid system.

There is a special economic interest on this rubble deposit, because of its shallow, tabular level and unconsolidated nature that leads to inexpensive exploration and gold recovery processes. High-grade regions located in the quartz rubble are attributable to the Luhwaika reefs erosion.

Source: http://www.tanzanianroyalty.com/

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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