Katoro Gold PLC Notice of AGM (9336G)
June 02 2017 - 3:00AM
UK Regulatory
TIDMKAT TIDMKIBO
RNS Number : 9336G
Katoro Gold PLC
02 June 2017
Katoro Gold plc (Incorporated in England and Wales)
(Registration Number: 9306219)
Share code on AIM: KAT
ISIN: GB00BSNBL022
("Katoro" or "the Company")
02 June 2017
Notice of Annual General Meeting
Katoro Gold plc ("Katoro" or the "Company") (AIM: KAT), the
Tanzania focused gold exploration and development company, is
pleased to announce that the Annual General Meeting of the members
of the Company will be held at the offices of Shakespeare Martineau
LLP at 60 Gracechurch Street, London EC3V 0HR at 2.00 p.m. on 28th
June 2017.
All resolutions proposed for consideration at the annual general
meeting can be viewed on the Company's website at:
www.katorogold.com
Enquires
Katoro Gold plc +27 (0) 83 2606126
Louis Coetzee
Beaufort Securities Limited +44 (0) 20 7382 8300
Jon Belliss
Strand Hanson Limited +44 (0) 20 7409 3494
Richard Tulloch
Ritchie Balmer
Frederick Twist
Bell Pottinger +44 (0) 20 3772 2500
Liz Morley
Molly Stewart
Katoro Gold - Notes to editors
In May 2017 Katoro Gold acquired the Imweru and Lubando Gold
Projects in Tanzania from Kibo Mining plc for a total consideration
of GBP3.66 million and was admitted to trading on AIM.
Following the acquisition, Katoro owns 100% of the Imweru and
Lubando Projects, which both have Mineral Resources established in
accordance with the JORC (2012) Code. The total Mineral Resources
stated for Imweru consist of 11.607 Mt at grade of 1.38 g/t for a
Mineral Resource of 515,110 oz Au at a resource pay limit of 0.4
g/t for the open pittable material and 1.3 g/t for the underground
material, while the Lubando Mineral Resources equate to 6.78 Mt at
grade of 1.10 g/t for 239,870 oz Au at a pay limit of 0.4 g/t to a
depth of 200 m and 1.3 g/t below the 200 m depth cut-off. The
respective projects also include the earlier stage Sheba (within
the Imweru Licence Portfolio and Imweru Option Portfolio), Pamba
and Busolwa (both within the Lubando Licence Portfolio and Lubando
Option Portfolio) projects. The JORC Code compliant Competent
Person's Report for each of Imweru and Lubando are available on
Katoro's website www.katorogold.com.
The Company's primary focus is on advancing and developing
Imweru through a work programme which will include, inter alia, a
feasibility study and a drilling programme, with the aim, subject
to funding, to commence production with an initial target of 50,000
oz gold per annum within 18-24 months from admission to AIM.
Updates on the Katoro Gold's activities will be posted on its
website www.katorogold.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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