Mining firm optimistic

ORMONDE Mining, the small Irish exploration mining company, has announced "encouraging results" from its exploration programme…

ORMONDE Mining, the small Irish exploration mining company, has announced "encouraging results" from its exploration programme in northern Tanzania. The licence area contains two former mines, Mrangi and Seka. The group plans to carry out detailed sampling and trenching towards the end of the year to provide targets for drilling early next year. Ormonde is currently carrying out an airborne geophysical survey on its three prospecting licences in the Musoma Mara belt. It has also announced that it is in negotiations to expand its exploration prospecting area in Tanzania.