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Tango Mining Ltd grants more time to Bluedust for Oena mine due diligence

Bluedust will prioritize each area that has been identified with diamondiferous ROM (run of mine) and tailings

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Oena is 8,800 hectare property in South Africa

Tango Mining Ltd (CVE:TGV) updated on its progress at the Oena diamond mine, saying it had granted Bluedust 7 Pty Ltd until the end of April to carry out due diligence.

Bluedust has now moved mining and processing equipment to the property.

The gear includes a Bourevestnik, three 30-tonne dumpers, 30-tonne and 46-tonne excavators, a 50-tonne excavator with a centric ripper, Foton 558G and 908G front-end loaders, two mobile sizing screens and 16-foot pan plant.

It has also recommissioned Tango's 14-foot and 16-foot pan plants.

This work will allow Bluedust to prioritise each area that has been identified with diamondiferous ROM (run of mine) and tailings and allow for the development of a comprehensive project development plan, Tango said.

It is also assessing the NI 43-101 inferred resource from 2014 and several other priority targets.

Oena is 8,800 hectares and covers a 4.8km wide strip along a 15km length of the Orange River.

Tango shares in Toronto were unchanged at C$0.035.

Quick facts: Tango Mining

Price: 0.015 CAD

TSX-V:TGV
Market: TSX-V
Market Cap: $3.49 m
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