Tanzanian Royalty Exploration has signed a contractual agreement with South Africa-based Consulmet Metals in order to complete a preliminary economic assessment (PEA) of the Kigosi gold project’s gravity recovery unit, located in Tanzania’s Lake Victoria Goldfields.
A definitive feasibility study will be commenced after the PEA’s conclusion and will help to submit the company’s mining license and offer a base for the plant design and associated work, which will be finished based on a “turnkey”.
Consulmet has delivered more than 100 plants in the chemical, minerals and metals processing industries. The phase I plant at its basic minimum will include process circuits such as calcining, crushing, gravity separation, milling, tailings disposal, smelting, reagent make-up, mixing, dosing and distribution, and utilities like air, electricity and water.
A surface rubble deposit will be the focus of the PEA. This was identified on Kigosi project through the original inclined-hole reverse circulation (RC) exploration drill program conducted on the Luhwaika prospect. This RC program was performed on a 30x100 m grid system.
There is a special economic interest on this rubble deposit, because of its shallow, tabular level and unconsolidated nature that leads to inexpensive exploration and gold recovery processes. High-grade regions located in the quartz rubble are attributable to the Luhwaika reefs erosion.