Banro - From Gold Explorer to Mine Developer
Banro Gold: Proven and Probable Reserves Increase to 4.52 Million Ounces at Twangiza
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Message: Banro Reports Promising Results from Initial Exploration of the Kaziba Discovery

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Re: Banro Reports Promising Results from Initial Exploration of the Kaziba Discovery

posted on May 04, 09 07:12AM

interesting that there are already known ounces in the ground at Kaziba, which in my opinion should make adding ounces to the known resource that much easier. The project looks as though it is poised to expand, although as much as this is a very early indicator for early exploration success; I gotta wonder what type of mine/mill the company is considering for the design as it will take a major mining operation to recover over 90 Million tonnes of earth to recover the gold.

we shall see, but no matter what it looks like it will be quite easy for the company to add ounces pretty cheaply.

Good and promising.

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