PERTH - Australian-based Goldstream Mining NL has teamed up with global Platinum Group Metals (PGM) giant Lonmin Plc to explore and potentially develop one of the few recent greenfields PGM discoveries in the world, the Mibango Platinum Project in Tanzania.
Located in western Tanzania near Lake Tanganyika, Mibango is regarded has having the potential to host a world-class PGM deposit of a similar style to the rich Merensky and UG2 reefs in South Africa – which currently form the mainstay of Lonmin's PGM production base.
Goldstream acquired 100% interest in the project two years ago as part of a large ground acquisition program in Tanzania.
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