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20/07/2017
Orezone Announces Appointment of New Director
 
07/07/2017
ENDEAVOUR ANNOUNCES THE RETIREMENT OF ITS COO
 
31/05/2017
RETIREMENT OF DEPUTY CHAIRMAN - Mineral Deposits Limited
 
 
 
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   17/10/2013
 
TMC to invest in MDN project in Tanzania
 

MDN Inc. announced that Tanzania Minerals Corporation has signed a letter of intent to acquire a 50% interest in MDN's Ikungu property. MDN has a prospecting licences on the Ikungu property which covers 17.9 km2 and lies 17 km southwest of Musoma and 135 km northeast of Mwanza, Tanzania’s second largest city.

To acquire such 50% undivided interest in MDN’s interest in the Ikungu property, TZM must invest $US 12 million in exploration expenditures over a four-year period. 

Marc Boisvert, president and CEO of MDN said, "The Ikungu Project became recently one of the most advance projects in Tanzania with a mineral gold zone that definitely justify further drilling."

For more info on this project, see MDN


 
 
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