Simba Gold Corp. (TSX VENTURE:SGD)(FRANKFURT:S7G) is pleased to announce that
Beak Consultants GmbH of Germany has visited the Miyove Project in northern
Rwanda in conjunction with a report on Rwanda's mineral potential. Beak
Consultants GmbH is an independent geological company contracted by the Rwandan
Government. 


This independent visit is important for the continued development of the Company
because the mineral potential of the Miyove Project is supported. The Beak
consultants were impressed with the project area's geology, structures and
especially the metal grades, and took several samples for assaying so that more
detailed information can be presented to the Government of Rwanda in their
report. The report will be used as a framework for carrying out geological
studies and additional work, aimed to better evaluate the mineral wealth of
Rwanda. 


To view photographs of the property visit on the Simba website, please click
here http://www.simbagoldcorp.com/projects/photo-gallery/. 


Simba completed a comprehensive surface exploration program at the Miyove Gold
project in December 2011. The program, consisting of a ground magnetic survey,
soil sampling and detailed geological mapping, will provide detailed information
on property scale structures which, based on historic information, are known to
host gold mineralization. The current program will provide sufficient
information for designing a drill program, to commence in the spring of 2012,
which will assess the structural continuity of the various known gold zones
identified on the property.


About the Miyove Gold Project

The Miyove gold project comprises 2,937 hectares and is located in the northern
portion of Rwanda, approximately 65 kilometres from the capital city of Kigali.
Infrastructure at the property includes excellent road access, water and
commercial power access. The project consists of an exploration licenses issued
by the MINITERE, MINIRENA and MINIFOM, in the Republic of Rwanda.


The Miyove gold project comprises three mineralized zones referred to as
Karenda, Baradega and Masogwe, all of which lie along a northwest-southeast
mineralized trend which extends for six kilometers. Three types of structurally
controlled gold mineralization has been identified and includes stringer-vein
zones, silicified (quartz) and ferruginous shales, and less frequently, quartz
veins with varying amounts of iron oxides and hydroxides (in the weathering
crust). The host rocks are commonly shale, and to a lesser extent, sandstones. A
fourth type of gold mineralization has been identified on the property and
includes alluvial and deluvial placers.


The Miyove Gold project is being managed by A. Armitage, Ph.D., P.Geol. Dr.
Armitage is a Director and the Senior Technical Advisor of Simba Gold, and is
the Qualified Person, as defined by NI 43-101, for the Miyove Gold project. Dr.
Armitage has reviewed and approved the technical content if this news release.


About Simba Gold Corp.

Simba Gold Corp. is an exploration company focused on the development of quality
gold assets in Rwanda. Simba owns 26% of Rogi Mining Limited ("Rogi") and has an
option to purchase up to 100% in stages through to March 2015. Rogi owns three
properties in Rwanda, with the principal asset being the Miyove Gold Project
which comprises 2,937 hectares over the largest historic gold-producing area in
the country.


On behalf of the board of directors

Werner J. Ullmann, President and CEO

Simba Gold Corp.

Cautionary Statement Regarding Forward-Looking Information

Some of the statements contained in this press release are forward-looking
statements and information within the meaning of applicable securities laws.
Forward-looking statements and information can be identified by the use of words
such as "expects", "intends", "is expected", "potential", "suggests" or
variations of such words or phrases, or statements that certain actions, events
or results "may", "could", "should", "would", "might" or "will" be taken, occur
or be achieved. Forward-looking statements and information are not historical
facts and are subject to a number of risks and uncertainties beyond Simba's
control. Actual results and developments are likely to differ, and may differ
materially, from those expressed or implied by the forward-looking statements
contained in this news release. Accordingly, readers should not place undue
reliance on forward-looking statements. The Company undertakes no obligation to
update publicly or otherwise revise any forward-looking statements, except as
may be required by law.


Snowline Gold (TSXV:SGD)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024 Haga Click aquí para más Gráficas Snowline Gold.
Snowline Gold (TSXV:SGD)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024 Haga Click aquí para más Gráficas Snowline Gold.