Giyani Gold’s geologists have reported multiple occurrences of visible manganese in Botswana, in an area that extends around 70 KM to the north east and 50KM to the east of Kgwakgwe Hill reaching the border with South Africa and within a short distance from Gaborone, the capital of Botswana. This proximity to major infrastructure gives our project yet another significant logistical advantages.
The geological team has discovered several old, small scale, manganese mines during this phase of sampling. These historical mines were undocumented and unreported in existing government records of the area.
Wajd Boubou states, "These visible manganese showings dramatically expand our reach and increase our potential of finding economic manganese deposits within our extensive land package in Botswana. The management team is very optimistic that this new development brings Giyani closer to our target of becoming the world's leading new manganese opportunity. Our initial assessment proved to be plausible that the Transvaal manganese deposits extend northward from South Africa into Botswana directly on our land."
Giyani is in the final stages of closing the acquisition of 88% interest in eight prospecting licences on Kgwakgwe Hill (The K. Hill Project) covering an area of 6,827 square kilometers (682,730 HA). Giyani also owns 100% interest in additional five prospecting licences south of Kgwakgwe Hill (The K.Hill-South Project) covering an area of 1,308 square kilometers (130,800 HA).