Kiboko Gold Inc. is a Canadian mining company focused on the exploration and development of gold projects in Tanzania. The company's primary asset is the 100% owned Buckreef Gold Mine, which is located in the Lake Victoria Goldfields of Tanzania.
The Buckreef Gold Mine has a long history of gold production, with previous mining operations dating back to the 1980s. Kiboko Gold acquired the project in 2010 and has since been working to expand and develop the mine.
The company has conducted extensive exploration activities at Buckreef, including drilling programs to define and expand the mineral resource. As of 2021, the mine has an estimated mineral resource of over 2 million ounces of gold.
Kiboko Gold is focused on advancing the Buckreef Gold Mine towards production. The company has completed a feasibility study and is in the process of securing financing for the construction and development of the mine. Once in production, Buckreef is expected to have a mine life of over 15 years.
In addition to Buckreef, Kiboko Gold also holds exploration licenses for several other gold projects in Tanzania. The company is actively exploring these properties to identify additional gold resources and potential future mining opportunities.
Overall, Kiboko Gold Inc. is a mining company with a primary focus on the development of the Buckreef Gold Mine in Tanzania. The company aims to become a significant gold producer in the region and create value for its shareholders through the exploration and development of its gold projects.