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TARANI GOLD MINE

Flagship project with Historic Production of more than 1,000 Ounces of gold in 1930-1933 at an average grade of just above 5.6g/t Au from 1,140 tons of ore

 

DESCRIPTION

The Tarani Gold Mine gold project is located approximately 5km west of Buhemba Gold Mine. Adjacent to its flagship asset, already there are six known abandoned mines with both underground and open cast resource potential and the Kilamongo Gold plans to use its experience and expertise to linking the six abandoned gold mine to it production business plan via underground mining. Several high-priority targets have been identified within the core area of the project comprising historical high-grade gold open cast materials open at depth, underground workings mine rock dumps and outcropping surface mineralization within the lateritic crust.

In light of the historical resource study findings, the resource has been expanded to include the study of a heap/vat leach operation followed by a Carbon-In-Column - Electro-Winning (CIC-EW) circuit with the potential to produce 42 kg of gold production annually for two to three years.  Addition of the Tarani Gold Mine resource to the Kilamongo Gold’s portfolio is the significant higher grade gold resources open at depth near surface open cast materials as well as additional resource deposits comprises of tailings, auriferous rubble deposit (mineralized lateritic crust), mineralized underground mine rock dumps and mine over burden ore centered within Tarani Gold Mine asset. For more information on Tarani Gold Mine, click here.

 

GEOLOGY

Quartz reef are situated in the outcrops of Tombstone Formation and they occur at some considerable distance away from the granite contact, the farther away the reef is from the granite the greater is the possibility of its continuing in depth especially if it is following a sheared zone parallel to the contact.

  • Gold mineralization can be traced through 1m spaced trench sections along the entire length of the Tarani Gold Mine in an E-W Trend.
  • Visible gold is known to occur as a secondary mineral, this is as a result of oxidation of primary auriferous pyrite. The quartz veins forms the main carriers of the mineralization.
  • Rubble deposit and the lateritic crust have shown gold mineralization. This is due to the presence of auriferous reefs cutting across the adjacent country rock. These reefs consist of rich gold quartz from tiny stringers, ordinary reef-quartz and impregnated lateritic crust.
  • Higher grade (26.4 g/t Au - 88.9 g/t Au) quartz reef were seen to cut across the zones of pyrites and hornblende-schist. These reefs tend to be continuous and are 5-20feet wide, are open at depth and appear to be systematically repeated along the trend with many tiny small stringers penetrating the country adjacent rock.
  • Historic resource of 5,071,477 t at 2.51 g/t Au for 447,220 oz Au.
  • A halo of low grade gold mineralization (3.5-10.5 g/t Au) is present continuously throughout the Tarani Gold Mine trend and is open at depth.

 

KEY PROSPECTS

One styles of gold mineralization identified with minimal silver.

  • Historic mine shafts and workings contain rock chips with grades between to 14.2 g/t Au to 42 g/t Au.
  • Mining records suggest that about 11,500 tons of ore was mined at Tarani Gold Mine from underground in the early 1930’s to 1933, with face samples returning a grade range of: 13g/t Au to 34g/t Au.
  • A bulk sample of surface material open at depth averaged between 3g/t Au to 8 g/t Au.
  • The target area is under explored and under developed.
  • Open cast resource open at depth and underground shoot is continuous at depth parallel to the granite contact.
  • Gold-in-soil anomaly at the Tarani Gold Mine prospect is open in four directions.
  • Presence of a significant inventory of unclassified gold mineralisation below the oxidized zone made available by secondary mineralization and the persistence of quartz reef to greater depth has been confirmed  and  the possibility of extending along established geological trends of East-West.
 

 

 
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HEADQUARTERS

Company Number: 84840

Country of Registration: Tanzania

Jamatikhan Street

Plot No. 59, P. O. Box 1316

Musoma.

BUSINESS DEVELOPMENT OFFICE

Samora/Mirambo Street

NIC Investment House, 4th Floor

P.O Box 6708 Dar-es-Salaam

Phone: +255-22-2123651

Fax: +255 -22-21-23653

WORKING HOURS

Weekdays: 8:30AM - 5.00PM

Weekends: 9.00AM - 2.00PM

 

 

 

Tel: +255-28-2620957 | Fax +255-28-2620959

Email: info@kilamongo.com

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