Tanga Resources Ltd
ASX:TRL ISIN:AU000000TRL4
Tanga Resources Limited (ASX:TRL), is engaged in exploring for gold and copper in Tanzania. The Company holds 99.95% interest in two areas referred to as the Geita and Singida projects in the Nyanzian Craton in Tanzania, East Africa. Geita consists of 10 owned prospecting licenses, covering 154 square kilometers in Archaean BIF-greenstone terrain in North West Tanzania, at the southern end of Lake Victoria and only 20 kilometers along strike from African Barrick's 17 million ounces Bulyanhulu Gold Project.
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Asian Activities Report for September 15, 2011 includes: Legacy Iron Ore Limited (ASX:LCY) has received a formal binding offer from the Indian government owned National Mineral Development Corporation Limited ("NMDC") for NMDC to become a cornerstone investor in Legacy via a placement agreement; Orpheus Energy Limited (ASX:OEG) has received a preliminary pit design for its B26 coking and thermal coal project in Indonesia; Argentina Mining Limited (ASX:AVK) has identified a potential sulphide mineralised system at its flagship Cerro Blanco Porphyry Copper Project in Argentina; Red Mountain Mining (ASX:RMX) has intersected significant gold mineralisation during its initial underground drilling program at the Zhongqu project in Gansu Province, China; Reliance Capital Limited (BOM:500111) has received a regulatory approval for its proposed 26% stake sale in Reliance Life Insurance to Nippon Life Insurance.
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