NMDC to explore gold in Tanzania

By Staff
|
Google Oneindia News

Hyderabad, Apr 8 (UNI) The public sector National Mineral Development Corporation (NMDC) will undertake gold exploration at Bulyang 'Ombe and Siga Hills in Tanzania.

Addressing a press conference here last night, NMDC Chairman and Managing Director B Ramesh Kumar said detailed geological mapping, systematic geo-chemical sampling and ground magnetic survey had been completed at Bulyang'Ombe.

He said drilling was in progress at identified target areas, which would be followed by pre-feasibility studies.

He said three prospecting licence applications had been filed for Shinyanga, Tabora and Singida region, which had good potential for gold exploration.

Regarding diamond exploration, he said based on the results of reconnaissance permit work done by the NMDC, the Centre had granted eight prospecting licences to NMDC for exploration in an area of about 123 sq km in Anatapur district.

He said permission had been sought from Andhra Pradesh government for collection and transportation of bulk samples from the prospecting licence areas for treatment and diamond recovery at Chigicherla in Ananthapur district.

UNI

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