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IN BRIEF: Shanta Gold restarts drilling; Singida delivering targets

ALN

Shanta Gold Ltd - East Africa-focused gold producer, developer and explorer - Restarts drilling at New Luika gold mine and West Kenya project. Says a total of 8,000 metres have been drilled across 51 holes at surface and underground deposits in phase one of the drilling programme at New Luika. Up to 26,000 metres drilled across 80 holes at West Kenya project. Says Singida operation is successfully meeting targeted production objectives and exploration drilling of $500,000 planned for third quarter of 2023.

Current stock price: 11.18 pence, down 0.7%

12-month change: up 15%

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