MDN Inc.: Exploration Drilling Results at Tulawaka Mine and Nearby Prospects Indicate Potential for Extended Mine Life

- August 2nd, 2010

MDN Inc. (TSE:MDN) reported to its shareholders that African Barrick Gold plc (ABG), the project operator at the Tulawaka gold mine in Tanzania in which MDN has a 30% participating interest, announced second quarter and six months operational results and positive exploration drilling results in the underground mine and at nearby West Zone and Mojamoja prospects.

MDN Inc. (TSX:MDN) reported to its shareholders that African Barrick Gold plc (ABG), the project operator at the Tulawaka gold mine in Tanzania in which MDN has a 30% participating interest, announced second quarter and six months operational results and positive exploration drilling results in the underground mine and at nearby West Zone and Mojamoja prospects.

The press release is quoted as saying:

African Barrick Gold reported that Tulawaka has successfully transitioned to an underground operation while also focussing on expanding the resource base and extending its life of mine. The equipment shortages experienced in the first half of the year have now been addressed and production levels should show a corresponding increase.

Click here to access the entire press release

Click here to access MDN Inc. Corporate Site

Tags

Tags:

Leave a Reply