About Taung Gold
Taung Gold is a gold developer, founded and incorporated in South Africa in 2004 by mining entrepreneurs Dr David Twist and Rudolph de Bruin. The company's fundamental strategy remains to acquire gold properties that have the potential to be developed into world-class operating mines.
While our immediate focus is on the development of our Evander and Jeanette Projects, during 2015 the company acquired an interest in gold exploration assets in the North Sulawesi province of Indonesia. The gold targets of interest are in an area with a strong history of gold mining and Taung Gold is now in the process of undertaking metallurgical test-work on samples taken from site.
The other South African exploration targets have been reviewed, and in order to reduce holding expenses, decisions have been taken to not apply for renewal of expiring prospecting permits and to relinquish longer life prospecting permits.
Evander consists of two adjacent properties, No. 6 Shaft and Twistdraai, located within the eastern Evander goldfield area.