{"id":764,"date":"2012-12-10T08:46:11","date_gmt":"2012-12-10T13:46:11","guid":{"rendered":"http:\/\/www.juniorminingnews.com\/?p=764"},"modified":"2012-12-10T08:46:11","modified_gmt":"2012-12-10T13:46:11","slug":"east-african-gold-first-mover-in-uganda","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=764","title":{"rendered":"East African Gold: First mover in Uganda"},"content":{"rendered":"<p><strong>By Ian Lyall<\/strong><br \/>\n<em>Proactive Investors (UK)\u00a0<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-767\" title=\"core160\" src=\"http:\/\/www.juniorminingnews.com\/wp-content\/uploads\/2012\/12\/core160.jpg\" alt=\"\" width=\"160\" height=\"148\" \/>Uganda-focused\u00a0<a href=\"http:\/\/www.proactiveinvestors.co.uk\/companies\/overview\/9853\/East+African+Gold\" rel=\"9853\">East African Gold<\/a>\u00a0floats on the AIM (London\u2019s Alternative Investment Market)\u00a0later this month with an exciting story and a fairly direct route to value creation.<\/p>\n<p>The investment proposition is a simple one: it has four leads, two drill ready targets and expects to reach a maiden resource within the next 12 months. And in creating this \u2018oven ready\u2019 proposition it has spent just over $3mln.<\/p>\n<p>While Ghana and Tanzania are establishing themselves as newly emerging or emerged mining districts Uganda has been left behind.<\/p>\n<p>Partly, this is because the country is deemed, fairly or unfairly, as an agricultural economy.<\/p>\n<p>And while the first round of exploration in the region was taking place in 1970s, the instability wrought by dictatorship of Idi Amin meant it was largely overlooked.<\/p>\n<p><a href=\"http:\/\/www.proactiveinvestors.co.uk\/companies\/news\/51369\/east-african-gold-first-mover-in-uganda-that-offers-an-exciting-and-direct-route-to-value-creation-51369.html?utm_source=Gold+Sleuth+surveillance&amp;utm_medium=twitter&amp;utm_campaign=Gold+Mining\" target=\"_blank\">Read the entire article . . .<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uganda-focused East African Gold floats on the AIM (London\u2019s Alternative Investment Market) later this month with an exciting story and a fairly direct route to value creation.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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