Lake Victoria Gold Field

The Lake Victoria goldfield has seen considerable activity since liberalization of investment conditions in Tanzania and since 1997. To date, the Lake Victoria district accounts for 50M ounces of gold resource and no less than six modern open pit and underground producing gold mines.

Partially due to the overwhelming increase in mining activity there has been significant improvement in most aspects of the infrastructure and understanding of local geology.

Investment procedure

  • Investor write a Letter of Intent (LOI) describing specific minerals rights from Tanzania he/ she would like to explore, nature of the operation whether JV/ Buy out
  • Hill Brokes will confirm the LOI and prepare the Mineral rights as per requested by the Investor
  • The investor and Hill Brokes will execute the MOU for the governing the Investment and the operation begins.

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