Risk and valuation analysis of the Handeni Project |
Status Risk : Advanced discovery |
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Title(s) of the Handeni Project |
| Canaco Resources Inc Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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The Handeni Project is 100% owned by Canaco Resources Inc and covers 196 square kilometres. |
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Location of the Handeni Project |
The district is located adjacent to the town of Handeni. Local roads access workings on all four claims.
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History of the Handeni Project |
Gold was discovered in the area in 2003, spurring a gold rush and intense alluvial, then hard-rock mining which remains ongoing at present. A mining village is established at Magambazi, the principal focus of the exploration effort on the Handeni Project.
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Geology of the Handeni Project |
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The geology of this region represents a non-traditional exploration environment dominated by Proterozoic, high-grade metamorphic (granulite to amphibolite facies) rocks. As such, the region is only beginning to receive the attention of mineral explor more...
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