Entries by Magiweb

TANGO Q2 OPERATIONAL UPDATE

Tango Mining Limited is pleased to provide an update for the period of 1 December 2018 to 28 February 2019 (2nd Quarter) on its project portfolio located in South Africa, Angola and Liberia.

TANGO ANNOUNCES APPOINTMENT OF NEW DIRECTOR

Tango is pleased to announce that Neil Budd has been appointed to the Board of Directors.  Neil Budd qualified as a solicitor in 1988 and worked in local government for seven years, specialising in commercial property and development projects.  In 1995 he joined the Moscow Office of international law firm, Watson Farley and Williams. 

TANGO ANNOUNCES SHARES FOR DEBT SETTLEMENT

Tango announces that it has agreed to settle an outstanding indebtedness with an arm’s length party in the sum of $103,494 by the issuance of 2,069,880 common shares in the capital stock of the Company at a price of $0.05 per share, which transaction is subject to the approval of the TSX Venture Exchange.

TANGO ANNOUNCES RENEWAL OF MIDDLEPITS PROJECT PERMITS

Tango Mining Limited (“Tango” or the “Company”) (TSXV:TGV) is pleased to announce that Metswedi Mining (Pty) Ltd. (“Metswedi”) has received the first renewal for both Prospecting License No. 101/2015 (430 km2) and No. 058/2015 (2.3 km2) which make up the Middlepits Project (the “Property”). The Property is located 470 kilometers (km) south west of Gaborone and 90 km south west of Tshabong in the Kgalagadi District, Republic of Botswana.

TANGO ANNOUNCES US$500,000 PROJECT DEVELOPMENT LOAN FACILITY SIGNED WITH CC MINING LIMITED

Tango Mining Limited (“Tango” or the “Company”) (TSXV:TGV) is pleased to announce that CC Mining Limited (“CCML”) has provided to Tango two US dollar term loan facilities for an aggregate of US$500,000, (collectively the “Loans”) to be solely used to fund both the capital and operating costs required for the mining of diamonds in Angola on the Moquita Project.

TANGO SIGNS SERVICE AGREEMENT ON ANGOLA ALLUVIAL DIAMOND PROJECT

Tango Mining Limited (“Tango” or the “Company”) (TSXV:TGV) is pleased to announce that it has signed a Services Agreement for Mining and Marketing of Diamonds with Cooperativa Mineira Do Moquita, SCRL (“Moquita”) on a 147 square kilometer (“km”) portion of a concession located 50 km north of Lucapa within the Lauchimo River basin, Province of Lunda Norte, Republic of Angola (the “Property”).