Cameo Resources targets drill start at Tanzania Katoro gold project after drone survey flags 80 zones
Bitget2026/09/28 05:14- Cameo Resources neared drilling at its Katoro gold project in Tanzania’s Lake Victoria Goldfield, near TRX Gold’s producing Buckreef mine.
- Drone geophysics outlined five priority zones with 80 drill targets tied to massive sulfide signatures up to 250 mV/V.
- Rock samples returned grades up to 238 g/t gold, supporting near-term testing.
- A funded Phase 1 program targets 10 to 15 zones, positioning drilling as a near-term catalyst.
- Project licenses run to March 2029, reducing near-term tenure risk.
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