Earnings release
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ASX : TRL ASX ANNOUNCEMENT 27 October 2021 QUARTERLY ACTIVITIES REPORT for the Quarter ended 30 September 2021 TANGA RESOURCES Highlights . Stream sediment gold results up to 22ppb outlined three large zones of potential for in - situ gold mineralisation at the Bocanda Project in Côte d'Ivoire Two large , coherent gold anomalies of + 9km length and 4 - 5km width confirmed on the Mankono Ouest permit in Côte d'Ivoire Infill soil sampling results on the Okombahe Permit highlighted a large +250 ppb core of gold anomalism + 3km long regional significant gold in soils anomaly correlated with the prospective Kuiseb Schist formation in the Okombahe Permit in Namibia + 2km long significant gold in soil anomaly on the Ondundu North Permit in Namibia Tanga Resources Limited ( ASX : TRL ) ( Tanga or the Company ) is pleased to provide its Quarterly Activities Report for the Quarter ended 30 September 2021. During the Quarter , exploration activities continued at the Company's projects in Côte d'Ivoire and Namibia , with expenditure of $ 1.47 million incurred during the Quarter to advance these projects . Exploration - Côte d'Ivoire The location of the Company's projects in Côte d'Ivoire is shown in Figure 1 . TANGA EXPLORATION PERMITS Granted Under application Ity 5.4 Moz ABC 2.2 Moz Post - paleoproterozoic rocks Undifferentiated granitoids Birimian sedimentary basins Birimian volcano - sediments ( undifferenciated ) Birimian mafic volcanics Archaean Domain ( basement ) Regional shear zones Major gold Project Sissingué 1.4 Moz Tongon 4.9 Moz Koné 3.2 Moz Mankono Project Lafigué 2.6 Moz Séguéla 1.4 Moz Bouaflé Project Abujar 3.4 Moz Yaouré 3.8 Moz Bonikrov Issia permit 2.0 Moz Doropo 5.4 Moz Bocanda Project CÔTE D'IVOIRE AFRICA Agbaou 1.1 Mozi Afema 2.8 Moz 0 200 km Figure 1 - Location of Tanga's Côte d'Ivoire projects tangaresources.com.au 1202 Hay Street , West Perth WA 6005 T +61 8 9381 5686 E info@tangaresources.com.au