Uncle Harry's Prospecting Lease

South Africa / Gauteng / Westonaria /
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JCI and Randgold & Exploration (R&E) have agree to relinquish certain rights which they have to the Uncle Harry’s ground, subject to the approval of the shareholder representa- tion of at east 50% of the shares entitled to vote at general meetings of both companies.

Uncle Harry’s equates to the Kalbasfontein prospecting rights and the contiguous ground immediately to the east of South Deep contains an inferred mineral resource of 14,6-million ounces at a cutoff grade of 3 g/t, ground that will be accessed through the existing South Deep infrastructure.

Reference for information:
www.miningweekly.com/article/descending-3-500m-below-su...
Nearby cities:
Coordinates:   26°25'57"S   27°40'38"E
This article was last modified 15 years ago