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Last C$0.04 CAD
Change Today +0.005 / 16.67%
Volume 531.0K
TGV On Other Exchanges
As of 1:41 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

tango mining ltd (TGV) Snapshot

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12/12/14 - C$0.05
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tango mining ltd (TGV) Details

Tango Mining Limited explores, acquires, and develops mineral properties in South Africa and Central America. It explores for precious metals and stones, base metals, coal, and diamonds. The company holds a 100% interest in the Oena project covering an area of approximately 8,800 hectares in Northern Cape Province, South Africa; and the El Santo concession, which covers an area of 2,088.8 hectares in the Republic of Nicaragua. It also owns four thermal coal, metallurgical, and processing plant and engineering contracts in the Ogies and Highveld coalfields, Mpumalanga Province; and the Kliprivier coalfield, KwaZulu-Natal Province. The company was formerly known as Tango Gold Mines Incorporated and changed its name to Tango Mining Limited in November 2014. Tango Mining Limited is based in Vancouver, Canada.

tango mining ltd (TGV) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$2.5K
Executive Director
Total Annual Compensation: C$106.6K
Compensation as of Fiscal Year 2014.

tango mining ltd (TGV) Key Developments

Tango Mining Limited Provides an Update on Ongoing Bulk Sampling Program at the Oena Project

Tango Mining Limited provided an update on ongoing bulk sampling program at the Oena Project. Based on tonnes (t) processed to date the grade was 0.278 carats (ct) per hundred tonnes (cpht). The National Instrument (NI) 43101 resource estimate was 0.12 cpht with an average stone size estimate of 1.22 ct per stone. A total of 20,047t of the 35,688t of diamond bearing gravels mined were processed recovering a total of 47.64 ct. An additional 49,262t of overburden were stripped in July in preparation for further mining.

Tango Mining Limited Announces Auditor Changes

Tango Mining Limited has changed its auditor from BDO Canada LLP, Chartered Accountants, to Ernest & Young LLP. There were no reservations in the Former Auditor's reports for the two most recently completed fiscal years or for any period subsequent to the most recently completed period for which an audit report was issued and preceding the date of the Former Auditor's resignation. There were no reportable events between the company and the former auditor.

Tango Mining Limited Announces Oena Operational Update

Tango Mining Limited announced bulk sampling program update at Oena Project (“Oena”) following receipt of the  required necessary regulatory and ministerial approvals, and the subsequent completion of the transfer of the  controlling interest in African Star Minerals  (Pty) Ltd. (“African Star”) to Tango. African Star holds a 100%  interest in the Oena, Northern Cape Province, South Africa. The bulk sample program previously announced is progressing with a mining contractor and earthmoving equipment on site and commissioned to support a total of 1.5 million tonnes per annum  (tpa) throughput.  Initial bulk sample results to date supports a grade of 0.298 carats (ct) per hundred tonnes (cpht)  (0.775 ct/100 m3) recovered from 12,215 tonnes of run of mine gravel treated to date with an average stone size of 3.03 ct. The time to complete the approval process resulted in a delay of the bulk sample program. An 11.5 ct diamond has been recovered. Diamond offtake agreement was signed  with ATC Enterprises DMCC (“ATC”).


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