SBS 0.00% 2.9¢ sub-sahara resources nl

to start gold mining in eritrea zara zara, page-32

  1. 5,813 Posts.
    Goldprise stands since weeks at around 900 US $ and above and has more upside potential.
    Global Goldproduction is decreasing and makes it very attractive for explorers with excellent proven resources and additional upsidepotential in increasing the resources.

    Sub-Sahara Resources is an ASX listed company (ASX:SBS) with interests in a number of
    highly prospective and rapidly expanding African projects, including the 1.04Mozs Koka gold
    deposit that is the key asset of Zara Joint Venture in Eritrea and the Nyanzaga Joint Venture
    with BEAL (Barrick Exploration Africa Limited) which hosts the Tusker gold deposit (4.5Moz
    grading 1.15g/t Au).

    Given this excellent resource estimate and the fact that the Eritrean
    Government recently awarded its first mining licence, confirming its
    commitment to mining and the mining industry, we are very confident that
    the Koka GoldProject has the potential for commercial development."
 
watchlist Created with Sketch. Add SBS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.