Company Profile

Company Description:

Mantra Tanzania Limited (Mantra), a wholly owned subsidiary of Mantra Resources Limited, is focused on the potential development of a Uranium Mine at the Mkuju River Project (MRP) in the Namtumbo District of Ruvuma Region. Mantra is completing a Definitive Feasibility Study for the Project which is managed by DRA of South Africa and has applied to the Government of United Republic of Tanzania for a Special Mining Licence with the aim of commencing mine and plant construction early in 2011.

Mantra is committed to the highest level of safety and environmental practices, the respect of the culture of Tanzania and her peoples, the provision of employment opportunities for Tanzanian nationals, and the development of business linkages at the district, regional and national level.