SIKA holds properties located within the Lake Victoria Goldfields, a world-class gold district with over 60 million ounces of gold in reserves. SIKA’s properties host Archean greenstone rocks within which numerous northeast-southwest and northwest-southeast trending fault/shear zones are seen, similar to trends hosting known gold deposits across the district.
Deposits in the Lake Victoria Goldfields district, some within 30 km of SIKA’s properties, include:
- AngloGold Ashanti’s Geita Mines (+19 million oz)
- Barrick Gold’s Bulyanhulu Mine (+15 million oz)
- Resolute Mining’s Golden Pride (+2.6 million oz)
- A host of other known deposits and gold mines including Barrick’s Tuluwaka and Buzwagi
Click here to download a short document providing an introduction to the geology and mining industry in Tanzania, and click here to download a short document providing an overview of each SIKA property in Tanzania. Click here to see maps for the Ntundu project.
View maps showing SIKA PLs in relation to producing mines in the region:
Click here to download a PDF (8MB) showing photographs of SIKA properties taken during site visits along the Nzega Greenstone Belt.