Lindian Resources Limited (Lindian) is a mineral exploration company listed on the Australian Securities Exchange (ASX.LIN).
During December 2016, Lindian acquired Tangold Pty Ltd which holds several projects strategically located near multiple established mining operations in the prolific Lake Victoria Goldfields in Tanzania.
Lindian's current focus is to progress the highly prospective Uyowa Gold Project with drilling planned to commence in Q2 2017.
The historical exploration activities and current artisanal production on Uyowa supports Lindian's strategy of transforming Lindian into a mid-tier gold producer with a Tanzanian focus.
The Uyowa Gold Project cornerstones this strategy and Lindian aims to generate cash flow as soon as possible from the Uyowa Gold Project, to increase shareholder value.