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Tanzania Minerals Buys Two Additional Gold Properties Near Mrangi Gold Project

Tanzania Minerals Corp. (TZM: TSX-V) (FRANKFURT: CA87600X1087) has announced the acquisition of two additional properties close to its Mrangi property, located in Northern Tanzania in the Lake Victoria Goldfield. 

Tanzania has been granted a 100% interest in Katario (Mrangi East) and Kibara (Mrangi South) from the Ministry of Mines of the Government of Tanzania. Both properties are in very close proximity to the Company's Mrangi Gold Project and cover over a total of 26,000 acres.

"The addition of these two properties in our target zone, will allow Tanzania Minerals Corp. to expand its exploration efforts" said Kal Matharu, President and CEO of Tanzania.

Katario (Mrangi East)

  • Property located in Musoma District, east of the Company's Mrangi property
  • Property is in close proximity to Katario Mine, which produced 300,000 oz of gold.
  • Small scale miners  on license area
  • Regional magnetic data interpretation is in process and land stat images have been acquired
  • Property covers parts of the greenstone belt underlain by intermediate-mafic volcanic rocks and banded iron formation.

Kibara (Mrangi South)

  • Property located south of the Company's Mrangi property in the Lake Victoria Goldfield.
  • Small scale miners located on the NW-SE shear zones
  • Initial data gathering has been completed
  • Initial soil sampling work has started

Tanzania Minerals Corp has become the sole and beneficial owner of 100% title and interest in these properties. All fees have been paid to the Government of Tanzania.


Tanzania Minerals Corp.

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