Environmental Certificate Granted for Chunya Mi...

SHANTA GOLD LIMITED

           ENVIRONMENTAL CERTIFICATE GRANTED FOR CHUNYA MINE PROJECT

                                 26 August 2010

Shanta Gold Limited ("Shanta" or the "Company") is pleased to announce further
positive progress in the proposed development of the Chunya gold project in
Tanzania in that it has now met the final environmental hurdle in obtaining  a
mining licence with the granting of an Environmental Impact Assessment
Certificate (EIAC).

Shanta chairman Walton Imrie paid tribute today to the Tanzanian authorities for
the efficient and expeditious processing of the approvals to obtain the
necessary mining licence.  "This is an important and crucial milestone for
Shanta in the progress towards production. Throughout this process we have been
impressed with the smooth progress of the various permitting and licensing
requirements at the National Environmental Management Council (NEMC) and we are
confident that the mining licence will follow shortly. The board of the company
and all employees are eagerly awaiting the commencement of mine construction as
this will herald an exciting new phase of the company's history, a coming of
age!"

The Chunya mine development project is situated near the Saza and Mbagala
villages in the Mbeya Region of southern Tanzania.  The EIAC certificate was
formally handed to the Company on 24 August and represents the final acceptance
of the ESIA and EMP tabled by Shanta to NEMC and means that the final
requirement for granting of a mining licence has been met. The certificate will
be provided to the Ministry of Energy and Minerals so that final approval of the
mining licence application can be processed. Shanta recently announced the
completion of the feasibility study on the project, the decision to proceed with
mine development and the commissioning of detailed design of the mine. It is
expected that the mining licence will be granted and issued well before
construction is scheduled to commence in quarter four of 2010.




Shanta Gold Limited: 

http://www.shantagold.com

Gareth Taylor
Mobile: [phone]( )

Walter Vorwerk
Moblie: +27 (0)83 308 0080

Fairfax I.S. PLC
Ewan Leggat/Laura Littley
[phone]


[HUG#1440574]








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Source: Shanta Gold Limited via Thomson Reuters ONE