MDN Inc. (TSX:MDN) announced it has started a drill program at its Tanzania-based Nikonga project.
MDN Inc. (TSX:MDN) announced it has started a drill program at its Tanzania-based Nikonga project.
As quoted in the press release:
The first drill target is the main structure, Kezeria, which strikes at 290° and where the highest value of 33 g/t gold was obtained. The second target is a sub parallel structure striking at 306°, about 500 m to the north of Kezeria. This site returned a maximum grade of 23.7 g/t gold.
MDN’s VP of Exploration, Marc Boisvert said:
The high grades of over 20 g/t gold and the geological environment allow us to draw a parallel with the Ikungu project at the time of its acquisition by MDN in 2008.