Nyanzaga could be a winner – OreCorp

A prefeasibility study (PFS) into the Nyanzaga gold project, in Tanzania, shows the project can deliver an estimated 213 000 oz/y of gold over a 12-year mine life. ASX-listed OreCorp on Monday reported that a capital investment of some $287-million would be required to develop the project, with the PFS determining that a concurrent openpit and underground mine schedule represented the optimum mining sequence for the project.