Mineral Resource Estimate: Significant Resource: The report estimates significant gold resources across multiple deposits , totaling 24.1 million tonnes of measured and indicated resources at a 0.5 g/t cut-off grade, representing 1,020,000 ounces of gold. Inferred resources add another 250,000 ounces. This represents a substantial increase from a previous estimate. Grade and Tonnage: The report details grade and tonnage for each deposit at various cut-off grades. This allows for different scenarios to be modeled depending on economic factors. Open at Depth: Several deposits show significant potential for further resource expansion through deeper drilling. This is particularly true for 3 areas. Metallurgical Testing: Gravity Recovery: Gravity separation tests indicate good gold recovery potential (35-36% for the main test sample), suggesting a gravity circuit should be incorporated into the process flowsheet. Flotation: Flotation tests yielded excellent gold recoveries (93-96%) across different grind sizes, highlighting the potential effectiveness of flotation in the overall processing strategy. Cyanidation: Cyanidation tests also showed high gold recovery rates (89-94%), further reinforcing the potential for economic processing. However, cyanide consumption varies significantly, requiring further investigation for optimization. A regrinding step for flotation concentrate significantly improves cyanidation gold extraction. Environmental Considerations: Preliminary environmental testing suggests low potential for acid mine drainage, which is a positive factor for feasibility. Exploration Recommendations: The report recommends further exploration, particularly focused on higher-grade zones within existing deposits and on several promising targets with limited data. A budget of €3,100,000 is estimated for the proposed exploration program. Overall Feasibility: The report presents a positive outlook regarding the feasibility of the Tanzanian Gold Project. The substantial mineral resource estimate, coupled with promising metallurgical test results and low environmental risk, strongly suggests good economic potential. However, several crucial aspects require further investigation: Detailed Metallurgical Testing: While preliminary tests show promise, more comprehensive metallurgical testing is required to optimize the overall process flowsheet, considering gravity separation, flotation, and cyanidation, and to refine cost estimates. This should include testing at a range of particle sizes and optimization of reagent consumption. Economic Assessment: No economic evaluation is included in this report. A comprehensive economic study is necessary to fully assess the project's profitability and determine the optimal mining and processing parameters. Mining Plan: This report does not include a detailed mining plan. Development of a robust mining plan is crucial to assess the project's overall viability. In summary, the report indicates significant potential for the Gold Project, but further work is required to solidify feasibility conclusions. A detailed economic study and additional metallurgical testing are the critical next steps.