Shanta Gold Limited is a Guernsey-based company. The Company is engaged in gold exploration, development and mining in Tanzania. The Company’s properties include New Luika, Lupa Goldfields, Singida and Songea. The Company has one producing property; the 100% owned New Luika Gold Mine located in the Lupa Goldfield district in south-western Tanzania. The Property Singida is 90% owned located in kungi Administrative District, Singida Region, central Tanzania. The Songea property is located in the Mbinga and Songea Administrative Districts in the Ruvuma Region of southern Tanzania. The Lupa goldfield consists of large deposits of gravels.