Amigo Resources (LSE:AMGO) has recovered approximately 1.1 kilograms of gold during initial commissioning activities at its Kabete Project in Tanzania, following the grant of Processing Licence No. PCL 0356/2026.
The Tanzania-focused gold and critical minerals explorer said material sourced from exploration activities and historical workings within the project area has been processed through its new facility, with all applicable royalties, inspection fees and statutory payments made to the Tanzanian government.
In parallel, the company completed the first phase of advanced micro-seismic imaging across a priority target area identified from earlier geochemical programmes, with three-dimensional subsurface modelling identifying multiple geological and structural anomalies, including what the company describes as a significant vertically extensive structural conduit.
Preliminary results show encouraging correlation between micro-seismic findings and previously identified geochemical targets, with Amigo now integrating that data alongside gold, arsenic, copper, nickel and chromium anomalies, geological mapping, and historical workings.
The company said Kabete's processing facility is intended to anchor a broader strategy of regional mineral processing hubs in Tanzania, potentially handling third-party material subject to regulatory approvals.
Executive Chairman Craig Ransley noted that the company continues to assess opportunities outside its ordinary course of business, "any of which could develop into a reverse takeover," though cautioned no assurance can be given that one will occur.
Next steps include expanding micro-seismic coverage across additional target areas before prioritising sites for trenching and drilling.
