Tango Mining Limited (TSXV:TGV), based in Vancouver, British Columbia, has signed an acquisition agreement to acquire an 80% unencumbered interest in the Mano River Project — a diamond mining concern — from West Mining Ltd (“WML”), located in western Liberia, a release from Globe Newswire has said. The property consists of one recently granted 104.3 square kilometer (“km”) diamond mineral exploration license.Western Liberia is well known for the wide spread occurrence of alluvial diamonds and the known presence of kimberlites.According to the release, Mineral Exploration License MEL7003018 (MEL) was granted on the September 7, 2018 and expires September 7, 2021. Upon completion of the acquisition of MEL, to be completed by 31 October 2018, Tango shall develop an exploration program by the end of Q1 2019 and carry out the work on the Property. This exploration work is expected to consist of geological and structural mapping, sampling and ground geophysical surveys. As consideration for the acquisition of the 80% interest in the Property, the Company shall assume all holding costs and WML will provide full local support and assistance to Tango within the Republic of Liberia.The Property is underlain by Precambrian rocks of Archean age within what is known as the Leo-Man Shield. During the 1960s and early 1970s, a joint program between the Liberian Geological Survey (“LGS”) and the United States Geological Survey (“USGS”), collected a significant amount of topographic, airborne magnetic and radiometric data covering the entire country. This resulted in an excellent digital regional exploration database to support future exploration work.The exploration results importantly identified that the geology of Liberia is very favorable for the occurrence of a wide range of metals and minerals, including gold and diamonds. The LGS and USGS documented approximately 160 kimberlite occurrences in central and western Liberia. Due to the lack of bedrock exposure, access and vegetation, further follow up work was difficult. Since the 1980s, according to the release, exploration for diamond bearing kimberlites has increased significantly and a number of distinct kimberlite clusters have been identified in western Liberia around the Property. This includes Kumgbor, Mano Godua and Weasua and the most important recent discovery, approximately 25 km north of the Property is an area with three identified kimberlites, known as Camp Alpha, which is being explored by a private US funded company.The Property is underlain by favorable basement geology and within a part of Liberia that is well known for the wide spread occurrence of alluvial diamonds and the known presence of kimberlites but there has been little systematic modern exploration.The largest active gold mine in Liberia, called the New Liberty Gold Mine, operated by Avesoro Resources (LSE and TSX listed), is located 45 km south west of the Property and commenced production in 2015.Tango Mining Limited (TGV – TSXV) is a Canadian diversified junior mining company. Tango via its South African subsidiaries hold three thermal coal, metallurgical and processing plant and engineering contracts that process 6.5 Mt of coal per annum, with clientele that include Exxaro. The three projects are located within the Ogies and Highveld coalfields, Mpumalanga Province and Kliprivier coalfield, KwaZulu-Natal Province, South Africa. The Company also holds an interest in the Oena Diamond Mine, an alluvial diamond property, Northern Cape Province, South Africa that has recently recommenced operations under contract to Bluedust Pty. Tango has a continued development plan in place to grow the business using the successful past 19-year business model of the South African operations, an established market presence and its proven successful operational reputation in the coal, base and precious metal and precious stone mining sector in Southern Africa.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
2 FTSE 100 shares I’d buy in a market crash Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Kirsteen Mackay | Thursday, 6th February, 2020 | More on: CCH SN I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Coca Cola has been upping its game by moving its focus to low sugar, energy, tea, and coffee categories. In doing so, it has diversified its portfolio of soft drinks to ensure it continues to grow its market share in areas that customers desire.During a market crash, when prices are suppressed, can be the perfect time to pick up bargains. Keep a list of target companies you like, so that you’re ready to act. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images. Divide and conquerWorld-famous drinks brand Coca Cola doesn’t appear to be slowing down in either popularity or growth. Coca Cola HBC is one of the world’s largest bottlers for The Coca‑Cola Company.With a £10bn market cap, its stock value has risen over 158% in the past five years. It has a P/E of 19, earnings per share of £1.43, and a dividend yield around 2%. Simply click below to discover how you can take advantage of this. See all posts by Kirsteen Mackay Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! UK equity markets have been enjoying a bull run for over 10 years now and many people worry this can’t last. Hopefully, a market crash is not imminent, but it’s good to be prepared if it does rear its ugly head.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Buy low, soar highLong-term investors should remember, a market crash provides a great opportunity to buy quality shares at cheap prices.Buying a stock when the market has crashed can be daunting because you’ll be wondering if it has further to fall. Timing the market is not an exact science and I think getting it right is more down to luck than any kind of skill.If you’re buying shares in solid companies that will rise in value over the long term, then the nitty-gritty of the price you pay for the stock shouldn’t really matter. Having confidence in the company you’re buying into is key.Rich pickingsPrice-to-earnings ratios (P/E) for many of the FTSE 100’s most favoured companies have reached overly expensive levels in this recent bull run. So, some long-term investors would welcome the opportunity to buy their favourite shares at a lower price.Therefore, a market correction is a double-edged sword. It’s not pleasant to see billions of pounds knocked off the value of the stock market, but it does bring opportunity.Buy-and-hold investors with the ability to ride out the bad times will be rewarded for their patience when the bull run returns.So, with that in mind, two FTSE 100 stocks that would appeal to me if their share prices were lower are Smith & Nephew (LSE:SN) and Coca-Cola HBC (LSE:CCH).Live long and prosperFeeling fitter and younger is a high priority for an ageing population looking to enjoy a worry-free retirement. This has driven the number of people undergoing joint replacements to record highs.Smith & Nephew is a medical tech company specialising in orthopaedics (including knee and hip replacements), along with sports medicine and wound management. The Smith & Nephew share price has enjoyed a 27% rise over the past year. This despite a period of uncertainty in the autumn when the chief executive unexpectedly resigned over a pay dispute.The company has a £25bn market cap, P/E of 23, earnings per share of 79p, and a dividend yield of approximately 1.5%.Its niche popularity and increasing demand mean it’s rarely a cheap stock to buy into. That’s why it’s one I’d leap at in a market crash. I don’t see demand declining soon, so I think it’s a relatively safe investment for the long term.