Risk and valuation analysis of the TWANGIZA Project |
Status Risk : Mine development |
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Title(s) of the TWANGIZA Project |
| Banro Corporation Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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in 1996, Banro acquired control of the Twangiza Property, and during the following year, undertook a US $9 million exploration program, which included 10,490 line-kilometres of airborne geophysics, 1,613 samples from 16 adits, and 8,577 drill core samples from 9,122 metres of core drilling along 800 metres of strike. This represents less than 20 percent of the identified mineralized trend. |
| VanEck Vectors Global Alternative Energy ETF Option on interest: 10% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the TWANGIZA Project |
The Twangiza Project is located in the South Kivu Province of the DRC, 41 kilometers to the south-southwest of Bukavu, the provincial capital. The Twangiza property consists of six exploitation permits totaling 1,164 square kilometers
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History of the TWANGIZA Project |
The Twangiza gold deposit was discovered by Miniere des Grande Lac (MGL) in the 1950s. The company followed the occurrence of alluvial gold deposits upstream from the Mwana River to the present-day Twangiza deposit. MGL tested the deposit through 8,2 more...
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