Welcome to Kerende Gold


Kerende Gold Exploration is a Tanzania’s based Junior Exploration Company that is focused on Gold Resources development in Tanzania’s best Greenstone Belts. The Company was founded in 2008 by Thomas Blake, British Investor. Kerende is a wholly owned subsidiary of UK Based Mansfield Land Development PLC.
Since its Establishments Kerende Gold has grown from trading in buying and Selling Gold and to acquiring mineral assets in around Tanzania most prospective Greenstone Belts. These Includes along the Nzega Greenstone belt in Manyoni District which also host Africa Barrick’s Golden Ridge Mine and along Musoma Mara Greenstone Belt where Kerende Gold Project is Located just 4 Kilometers to the East of Barrick North Mara Open Pits of Gokona and Nyabigena Mines.

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Gold Prices: Charts & Analysis


For Metals and Energy commodities producers, Commodity’s glut has meant Low prices in a Rout that has extended its’ on into 2015 following the End of the “Commodities super cycle”.

Gold is at a five year Low having lost 40% of its value from its record highs of $1,921.17 an ounce in September, 2011.This on the Prospects of higher U.s rates and a Stronger Dollar that has pushed the to $1,074.50 the Lowest Levels since February 2010. According to a London researcher Metals Focus Ltd about 10% of World’s Mines are Losing Money. Profit Margins for the 15 Largest Producers have dropped as much as 45 Percent since 2011.

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PROJECT OVERVIEW


Kerende Project is a Gold Exploration Project. It is Located in Tanzania’s North Mara District. Kerende Gold Exploration, a subsidiary of UK Based Mashariki Africa Resources Corporation holds 100% ownership of the Project.

The Project is Approximately 100 ha and it is located just 4 kilometers South East of Barrick Nyabirama and Nyabiena North Mara mine (4.0 Moz). Kerende is also Adjacent to Swedish based Kilimanjaro Gold Old Mara (0.7 Moz), a Colonial era Mine discovered and operated by German Prospectors in the 1930’s.

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Focus on Innovative Explorations in Africa's Best Greenstone Belts


OPERATIONS UPDATE


Kerende Project since its acquisition in 2011. The Company has successfully completed undertaking 100% ownership of the Mineral Assets. The Acquisition that the way undertaken by way of outright purchase of Nine separate Primary Mining Licenses interests formerly held by Tanzanian National ( small scale miners) and Amalgamation Into three separate Mining Licenses ML 510/2013; ML 511/2013; ML 512/2013. Kerende Gold Exploration Limited, Tanzanian Subsidiary to UK Parent Company holds 100% interests of the three Licenses.

The company has also undertaken and successfully completed undertaking a Feasibility and Environmental Impact assessment Study. The studies were undertaken by a well Independent Expert and Engineer of Mines, Eng. Nchagwa Marwa. Kerende Projects’ Assessment reports have been approved by Tanzania’s National Environmental Management Council and accorded with an Environmental Certificate. Granting of the Mining Licenses (ML510-12/2013) by the Ministry of Minerals and Energy Approves Kerende Project to Operate Gold Exploration, Mining and Processing.

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