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Haranga get a golden grant

31 August 2022 12:58
ASX: HAR
Exploring for Uranium

Haranga Resources are expanding its horizons in southeast Senegal and have added the highly prospective South Ibel gold permit to its holdings in the mining-friendly nation.

The new territory comes target-ready, with known anomalies primed for follow-up sampling and first-pass exploration drilling.

Covering over 180 square kilometres within the Birimian Volcanics of the Kenieba inlier, the region has reported over 40 million ounces of gold currently being mined or under development, including the nearby in-production Sabodala-Massawa and Mako mine’s combined 9.97Moz resource.

The company said it would continue to seek additional resource projects within Senegal to augment a Saraya Uranium Project eyeing the potential of a JORC resource.

“The proximity to the Saraya camp and good historical geological work already undertaken on the permit provide near-term potential for the Ibel South Gold Project to move quickly to drill ready status,” non-executive chairman Michael Davy said.

In addition to the South Ibel follow-up, Haranga is planning an extensive diamond drill program over Saraya.

HAR’s Australian Stock Exchange-listed share price was trading at 18c today (10:56 am UTC+ 8 hours).

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