Helio Resource Announces Three Additional Retention Licences At SMP Project

News: Canadian miner Helio Resource's three additional licences within the SMP gold project in Tanzania have been converted to retention licences (RL). The newly converted retention licences include production licence (PL) 2963, PL2964 and PL2965. The licences cover the project's Porcupine resource area, the colonial period gap and Kwaheri mines and several other exploration targets. On March 25, the project's Saza Licence had also received a RL status. The new RLs will be valid for five years.

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Related sectors of this article: Mining
Geography: Tanzania

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