Shanta Gold reports Sh365bn deposits in western Kenya

Gold miners in Kakamega. FILE PHOTO | NMG

Exploration firm Shanta Gold says it has found more high-grade gold at its western Kenya project, estimated to be worth Sh365 billion.

The firm says in its latest market update that it has established high-grade gold deposits estimated at 1.6 million ounces in Kakamega County, with a current market value of Sh364.8 billion.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.