Founded only seven years ago, South Africa-based gold exploration and project development company, Taung Gold, has come east in search of development capital as it looks to grow its African gold assets. Although the company is still in its infancy and has yet to produce any gold from its projects, its two flagship projects, Evander in Mpumalanga province and Jeanette in Free State province, both in the Witwatersrand Basin, are estimated to hold more than 23 million ounces of gold in total, according to South African independent mining consultants Minxcon.
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