– UK London – Katoro Gold Plc (AIM:KAT), the Tanzania focused gold exploration and development company, is pleased to announce the appointment of Louis Scheepers as Non-Executive Director with immediate effect. He brings a deep understanding of the mining sector and of the Southern and East African region.
Mr Scheepers began his career in the South African public service, before transitioning into a career in mining and exploration. An experienced project manager, Mr Scheepers has more than fifteen years’ experience of practical project execution in the mining industry, including mineral exploration, feasibility studies, and greenfields mining projects. Mr Scheepers held several notable Board and management roles and is presently CEO of Mzuri Exploration Services Ltd (“MXS”), the 100% Tanzanian subsidiary of Kibo Mining Plc (“Kibo”) and COO of Kibo which owns 57% of Katoro.
Katoro Executive Chairman Louis Coetzee said, “I am delighted to welcome Louis to the Board of Katoro. Having worked with Louis previously, I am confident that his specialised operational experience of gold, and the Eastern and Southern African region will be greatly beneficial as we continue to develop Katoro’s gold projects in Tanzania. This is a pivotal time for the Company as we continue to progress our work programme at a rapid pace and I look forward to working with Louis.”
About Katoro Gold Plc
Katoro Glod was admitted to trading on AIM in May 2017. Katoro owns 100% of the Imweru and Lubando Gold Projects in Tanzania, which both have Mineral Resources established in accordance with the JORC (2012) Code. The total Mineral Resources stated for Imweru consist of 11.607 Mt at grade of 1.38 g/t for a Mineral Resource of 515,110 oz Au at a resource pay limit of 0.4 g/t for the open pittable material and 1.3 g/t for the underground material, while the Lubando Mineral Resources equate to 6.78 Mt at grade of 1.10 g/t for 239,870 oz Au at a pay limit of 0.4 g/t to a depth of 200 m and 1.3 g/t below the 200 m depth cut-off. The respective projects also include the earlier stage Sheba (within the Imweru Licence Portfolio and Imweru Option Portfolio), Pamba and Busolwa (both within the Lubando Licence Portfolio and Lubando Option Portfolio) projects.
For more information : https://www.katorogold.com
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