Hanang Gold Project, Tanzania
A high grade regional scale exploration project, Tanzania
- Regional scale, high grade gold project of +700 km² of highly prospective ground
- Major gold district potential
- Over 50 km potential strike along a major mineralised structural corridor
- Winston High Grade Gold Discovery (January 2016)
- Multiple mineralised trends and multiple high priority targets
- Vast underexplored, limited drilling and along strike from major gold mines and deposits
About the Hanang Gold Project
Tanga holds prospecting licences covering in excess of 700km² in the Hanang region of Tanzania, (Hanang Gold Project). The Hanang Gold Project is a regional gold project, hosting a major mineralised structural corridor, located on a highly prospective and unexplored Archaean greenstone belt on the eastern margin of the +70 Moz gold endowed Lake Victoria Gold Field, host to world class deposits such as Geita (30 Moz) and Bulyanhulu (10.5 Moz). Further to the west, on the same structural corridor as the Hanang Gold Project, was Resolute’s Golden Pride Mine which produced over 2.2 Moz of gold.
Winston Deposit – A High Grade Gold Discovery
Limited drilling with mineralisation remaining open along strike and at depth
The Winston deposit is a very promising discovery with an over 2 km long and 1 km wide IP chargeability anomaly identified. It has significant widths of HIGH GRADE gold mineralisation in black skarn. The mineralisation outcrops are located at surface and remains open at depth and along the strike to the southwest.
An initial Maiden Resource Estimate at Winston (North) of 120,000 t @ 4.5 g/t gold for 17,600oz with excellent Metallurgy +91% gold recoveries, BLEG test work emphasises relatively coarse, free gold and no deleterious elements.
Visible Gold in Core from Winston
New York Target Area
The New York target area is located approximately 15km to the west of, and along strike from, the high grade Winston prospect. New York covers a 16km² area of Archaean phyllitic sandstone, siltstone and schist with quartz veined and intensely altered Banded Iron Formation (BIF) with visible sulphide development.
Multiple anomalous gold samples with results up to 284ppb gold in surface rock chip samples coincident with the geochemical sampling has delivered the Kito Moto Ridge Prospect, a large 1,200m long by 600m wide, +100 ppb Au soil anomaly peaking at 246 ppb Au (0.25 g/t gold) in soils
Kiti Moto Ridge displays strong similarities to early exploration results at Winston, where anomalous gold in soils are within areas of prospective Banded Iron Formation, intense alteration, structural deformation and quartz veining
The Hanang projects remains significant underexplored, with over 20kms strike length of anomalous gold in soils, in the New York / Winston area.