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Pangea Minerals Ltd. has retained Rescan to assist in evaluating the development of the Buzwagi Gold Project, a proposed gold mine located in northwestern
Tanzania
in the Kahama District of Shinyanga Region, south of
Lake Victoria.
Overview
The Buzwagi deposit has a mineable gold reserve of approximately 2,000,000 ounces. It is expected to support a mine life of approximately 7-12 years. The mine will be operated as an open pit and may be followed by some underground mining. The size of the open pit size will be dependent on the results of ongoing exploration activity, but would be approximately 1,000 to 2,000 m long by approximately 500 to 1,000 m wide and would have an ultimate depth of approximately 200 to 500 m. Waste rock would be placed on the surface next to the open pit, and ore grade rock sent to processing at the plant on site.
Experience