Shanta Gold Limited is a company with principal operations in mining, processing, exploration and related activities. The Company is engaged in gold mining, development and exploration in Tanzania. It owns 100% interest in New Luika Gold Mine located in Chunya administrative district, Mbeya region in the Lupa Goldfield of south west Tanzania. It owns 100% interest in Songea property located in Mbinga and Songea administrative districts in the Ruvuma region of southern Tanzania. It also has over 90% ownership of the Singida mining licenses and 100% ownership of the prospecting licenses. The Singida property is located in Ikungi administrative district, Singida region, central Tanzania. The Company holds over 1300 square kilometers of prospective exploration ground in the Lupa Goldfield.