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Imweru programme ahead of schedule, says Katoro

By BFN News | 08:19 AM | Wednesday 31 May, 2017


Tanzania-focused Katoro Gold has confirmed that development work on the Imweru gold project had officially begun. It said operational teams were deployed to site over the past week and the first drill rig was expected to arrive on 1 June. It said that with the site and drill pad preparation already complete, drilling would commence immediately once the rig arrived. Executive chairman of Louis Coetzee said: "We are extremely pleased with the successful and rapid start of work on the Imweru project. "As a result, we are now two months ahead of our previous work programme schedule which initially indicated that drilling would commence in Q3 2017. "With this, the capability and capacity of the project team who are responsible for executing the Imweru work programmw, is also clearly demonstrated." At 8:19am: (LON:KAT) Katoro Gold Mining Plc share price was +0.25p at 5.25p (LON:KIBO) Kibo Mining share price was +0.25p at 5.38p Story provided by StockMarketWire.com

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