Shanta Gold Limited is engaged in gold exploration, development and mining in Tanzania. The Company�s properties include New Luika, Lupa Goldfields , Singida, Mgusu, and Songea. The Company�s portfolio of properties includes approximately 35 prospecting licenses, which covers a total surface area of approximately 962 square kilometers. Its flagship project, New Luika Gold Mine has approximately five prospecting licenses covering approximately 199 square kilometers. Singida has 10 prospecting licenses covering approx 240 square kilometers and approximately three mining licenses covering 30 square kilometers. Mgusu has prospecting license covering approximately 0.4 square kilometers. Songea has 18 prospecting licenses covering approximately 450 square kilometers. Its subsidiaries include Shanta Gold Holdings Limited, Shanta Mining Company Limited, Mgusu Mining Limited, Nsimbanguru Mining Limited, Chunya Resources Limited, Songea Resources Limited and Chunya Gold Holdings Limited.