Handeni Gold Inc.: Gold Anomalies Confirmed on Mjembe Target
September 23 2013 - 7:06AM
Marketwired
Handeni Gold Inc. (the "Company" or "Handeni Gold") (OTCQB:HNDI) is
pleased to provide an update on the exploration activities
conducted on its exploration licenses in the United Republic of
Tanzania.
This news release is an update on the results of the soil
sampling program and ground magnetic survey conducted on the Mjembe
target as reported in a news release published on 16 July 2013. A
total of 232 samples were selected from a database of 5068 soil
samples collected on the 23km2 area comprising the Mjember target.
The independent laboratory results confirmed the effectiveness of
the soil sample selection method based on XRF analyses as 57% of
the samples assayed returned anomalous gold values. The Company
will thus continue to use this cost effective method of exploration
applicable to its Handeni licenses.
The latest results outlined two highly anomalous areas defined
by geochemistry (Au), airborne TEM geophysics and ground
geophysics) on the 23km2 Mjembe target. The Company will now
conduct a detailed mapping, pitting and trenching program on these
areas in preparation for possible further ground geophysics and
drill target generation. The Company is also continuing exploration
on its other targets.
About Handeni Gold Inc.
The Company is an emerging mineral exploration company focused
on exploring and developing mining opportunities in Tanzania. For
more information, go to www.handenigoldltd.com.
Safe Harbour Statements
This news release shall not constitute an offer to sell or the
solicitation of an offer to buy securities of the Company nor there
any sale of these securities in any jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such
jurisdiction.
Except for the statements of historical fact contained herein,
the information presented in this news release may constitute
"forward-looking statements" as such term is used in applicable
United States and Canadian laws. These statements relate to
analyses and other information that are based on forecasts of
future results, estimates of amounts not yet determinable and
assumptions of management. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions or future events or
performance (often, but not always, using words or phrases such as
"expects" or "does not expect", "is expected", "anticipates" or
"does not anticipate", "plans, "estimates" or "intends", or stating
that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved) are not
statements of historical fact and should be viewed as
"forward-looking statements". Although the Company has attempted to
identify important factors and risks that could cause actual
actions, events or results to differ materially from those
described in forward-looking statements including, the risks and
uncertainties outlined in our most recent financial statements and
reports and registration statement filed with the United States
Securities and Exchange Commission (the "SEC") (available at
www.sec.gov) and with Canadian securities administrators (available
at www.sedar.com), there may be other factors that cause actions,
events or results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be
accurate as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements contained in this news release and in any document
referred to in this news release.
Contacts: Handeni Gold Inc. Dr. R. Scheepers
CEOinfo@handenigold.com
Handeni Gold (CE) (USOTC:HNDI)
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