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Zanzibar Starts Exploration on Tanzanian Gold Properties

14.01.2020  |  GlobeNewswire

VANCOUVER, Jan. 14, 2020 - Zanzibar Gold Inc. (ZBR – CSE; ZNZBF – OTC Pinks) has set up the Mobile Gold Trommel Wash Plant on the Mkuvia Gold Placer (“Mkuvia”) Project in southern Tanzania and started collecting material to feed it from three prime areas outlined in the 2009 Sedar filed Douglas Lake Mineral (Now Handeni Gold) report, as well as, the immediate area of the Trommel site.

It has now on site an excavator and several Dump trucks to dig and transport the material from those areas. Lawrence Stephenson, who was the lead author of the 2009 report, is the onsite geologist and reports that, in addition to the original test area outlined in the January 9th, 2020 news release, three other sites have been selected that represent zones that were outlined in the 2009 report as part of the resource calculation. Two of these zones have similar characteristics (sandy and right at surface) as is currently being dug and processed by local artisanal miners in an adjacent and parallel feeding drainage. The resource calculation should be considered historical and is not current according to CIM standards.

“The current area of artisanal workings is quite extensive and intriguing as it is near to surface, but is being processed by the local miners,” Mr. Stephenson outlined, “I was shown that gold is found across the extent of the drainage area sand but is limited at the edges by the proximity to water.”

For the local miners they require water to use their sluice boxes on site. They have no ability to transport the gold bearing material to their sluice boxes (that is: they don’t have dump trucks and an excavator).

Mr. Stephenson further indicated the sandy material currently being processed by the locals is similar and consistent to the material to be transported from the 2009 identified areas, which are approximately 2.5 kilometres distant from this artisanal work site. The area of the trommel set up is near the mouth of this side drainage where it enters the main drainage and will be tested by the excavator in situ.

Paul Smith (P. Geo), the QP for the company has reviewed and approved the scientific and technical information in this news release.

On behalf of the Board

Abby Farrage President
778-891-2701
http://zanzibargoldinc.com/

This press release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements.” Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward looking statements.

THE CSE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


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