Ruby Creek Resources has inked agreements for purchasing prospecting licenses of the mineral and mining rights for seven fresh properties, namely DB1, DB2, DB3, the Tunduru North, Tunduru South and the Keigei. All these properties are located adjoining its Gold Plateau project.
The Keigei property covers 200 sq. km and is situated at the east border. The area of Tunduru North includes 222 sq. km and is the chief of the properties that were purchased recently. The location of this property is besides and to the southern part of the Gold Plateau. Tunduru South’s border overlaps Tunduru North’s southern boundary. DB1, DB2 and DB3, the three further properties with a total area of 48 sq. km, are included in the Gold Plateau project. The size of the Gold Plateau project has been increased to 1500 sq km from 878 sq. km, by means of these joint properties. The company is buying a 100% interest in all these fresh properties, whose total area is 622 sq. km, and $208,000 is the purchase price.
The CEO and President of Ruby Creek, has stated that the priority of buying and discovering the fine strategic properties in the region is an additional achievement. These recent properties demonstrate the significant continuation in the expansion of a huge and high potential gold field. Several native artisanal workings are there in these fresh properties, which is an exceptional forerunner in exploring major gold trends all through Tanzania.
Source: http://www.rubycreekresources.com/