VANCOUVER, Dec. 20, 2013 /CNW/ - Tanzania Minerals Corp. (the "Company"
or "TZM"), (TSXV: TZM) (FRANKFURT: TM0.F) announces that TZM and MDN
Inc. ("MDN"), (TSX: MD) have mutually agreed not to enter into a
definitive agreement to jointly explore and develop the Ikungu gold
project in Tanzania.
As a result, both parties have decided to let the Letter of Intent dated
October 15, 2013 expire.
Additional information on Tanzania Minerals Corp., including technical
reports and other public documents are available on SEDAR at www.sedar.com or on the Company's website at www.tanzaniaco.com.
Tanzania Minerals Corp. is an emerging junior exploration company
trading on the TSX Venture Exchange. The company has an extensive
portfolio of projects in Tanzania.
On behalf of the Board of Directors of Tanzania Minerals Corp.
Kal Matharu, President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Statements included in this announcement, including statements
concerning our plans, intentions and expectations, which are not
historical in nature are intended to be, and are hereby identified as,
"forward looking statements". Forward looking statements may be
identified by words including "anticipates", "believes", "intends",
"estimates", "expects" and similar expressions. The Company cautions
readers that forward looking statements, including without limitation
those relating to the Company's future operations and business
prospects are subject to certain risks and uncertainties that could
cause actual results to differ materially from those indicated in the
forward looking statements.
SOURCE: Tanzania Minerals Corp
For further information:
President and CEO
Tel: (204) 942-3191
Fax: (204) 944-0513
Vice-President Business Development
Tel: (604) 569-0866
Fax: (604) 683-2484