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Suguti Project
Suguti
Country
Tanzania
Close to
Musoma
Status
GREEN EXPLORATION
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Risk and valuation analysis of the Suguti Project
Status Risk : Green exploration
Country Risk : Important
Title(s) of the Suguti Project
Conquest Resources Ltd
Owner: 100%
Title
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Location of the Suguti Project
The Suguti property is situated in the Lake Victoria Gold Field approximately 60km south of the town of Musoma, and is covered by one. Prospecting Licence (No. 337/95) which covers an of 150 sq km.
History of the Suguti Project
Gold was first discovered in the Musoma greenstone belt in 1913. Production began at Buhemba in 1922. total production from the area is reported to be 23,378kg gold (751,510 ounces). The property has been covered by regional aeromagnetic and radiometric surveys, TM imagery, grid soil sampling, rock chip and channel sampling, together with geological mapping.
Resources targeted of the Suguti Project
Gold -
Data last updated on : 9/25/2009
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