ZNZBF got off to a quick start this AM as it climbed to a new 3+ month high of $.1520. This could partly be due to the above average daily


Zanzibar Gold Inc. (OTC: ZNZBF) Hits New 3-Month High This Morning On Above Average Daily Volume Breakout

October 3rd

Good Afternoon,

ZNZBF got off to a quick start this AM as it climbed to a new 3+ month high of $.1520.

This could partly be due to the above average daily share volume it has seen already in the first half of the day.

With its next recent high being the $.25 mark it hit back on June 26th, ZNZBF still displays over 70% potential upside from current trading levels to that summer peak.

If you haven't yet, read my full initial report below on ZNZBF below.


So, what is the word on the street about gold prices and can they continue growing?

Multiple Analysts And Investors Speak Up

  • Florian Grummes, a gold market analyst at Midas Touch Consulting, recently said that he sees a strong possibility of gold trading around $1.8K an ounce by early next year.
  • Hedge Fund Manager, Paul Tudor Jones, recently said that gold “has everything going for it,” and could see it push through $1.7K an ounce “rather quickly,” as he noted in an interview with Bloomberg.
  • George Milling-Stanley, State Street Global Advisors' chief gold strategist, also said recently, “The way things are looking at the moment, we seem to be consolidating above the $1,500 level. And I think that means that gold's got a pretty good platform to continue higher.“

If you didn't know, gold is smoking hot right now.

Check out these two gold miners and how their stocks have fared over the previous 6 month period.

The first up is Kirkland Lake Gold Ltd. (NYSE:KL).


That looks like a roughly $20 climb in share price value since April.

Up next, AngloGold Ashanti Ltd. (NYSE:AU). To me, that looks like an almost clean double from May to September.


If you were unaware, the price of gold is at approximately $1.5K USD an ounce at the time of writing, a level that hasn't really been seen since 2013.

So, there must be some sort of driving force(s) out there that are pushing gold prices north, right?

In fact, there appears to be a perfect storm of events that is sending the price of gold up to $1.5K an ounce.

What The Heck Is Going On?

It has been reported, that one-in-three believe geopolitics will be the biggest single driver of precious metals markets between now and New Year in fact...

...and very nearly as many think monetary policy – the words and actions of central banks led by, well, the Federal Reserve – will prove most important.

Inflation, demand, and gold’s safe haven status have also played important roles in gold prices spiking.

Your New 10/3 Profile - Zanzibar Gold Inc. (ZNZBF)

For all the reasons above and more, I want you to turn your focus to Zanzibar Gold Inc. (OTC: ZNZBF) for today, 10/3.

Zanzibar also trades on the Canadian Securities Exchange (CSE) under the symbol: ZBR.

There is a relatively low amount of shares in ZNZBF's float (15.35Mn) which makes it an interesting short-term stock that has previous experience with extreme price growth intraday.

Just look back on June 26th. This stock ran from $.013 all the way to $.25 in a single session. That's a surge of 1,823% intraday.

About Zanzibar Gold Inc.

Zanzibar Gold is a artisanal mining company with two significant assets: the original in Tanzania and the Gold Vanadium in BC (Vancouver Island). Artisanalmining often means ‘small’ and compared to major firms it is. Zanzibar Gold is a point of focus that brings many properties and placer deposits under a single vision. Such guidance often leads to the discovery of larger ore bodies and different opportunities other than those first pursued or imagined.

Recent ZNZBF Company Movements

Zanzibar Mobilizes To Explore Tanzanian Gold Exploration Properties

VANCOUVER, British Columbia, Aug. 27, 2019 (GLOBE NEWSWIRE) -- Zanzibar Gold Inc. (ZBR – CSE; ZNZBF – OTC Pinks) reports that it is preparing an exploration program on the Mkuvia Gold Placer (“Mkuvia”) and has mobilized field crews to initiate its exploration of the Mkuvia and the Fukawi Lode gold (“Fukawi”) properties in Tanzania.

On the Mkuvia, the company is sending an independent geologist to complete a NI 43-101 exploration report to satisfy regulatory requests and to outline a small exploration program to test the reported placer area. The program will mainly focus on the areas identified in a 2009 report as prime exploration targets and will utilize modern equipment for the first time on the property area.

On the Fukawi Property, the initial exploration program will focus on several gold bearing veins that were outlined in previous exploration. Trenching and sampling to explore the continuity and geology between two test pits to the west of the main valley that assayed 40.70 grams and 57.99 grams (approximately 1.2 ounces and 1.7 ounces respectively) across a 1 metre width and another test pit approximately 200 metres, west, that assayed 36.89 grams (1.1 ounces). Also on the east side of the same valley, between the test pits that assayed 20.4 grams and 40.21 grams (0.6 ounces and 1.2 ounces respectively), and another test pit approximately 300 metres to the north, that assayed 82.31 grams (2.4 ounces). All samples were across an approximate 1 metre width.

The foregoing results reported previously (April and June, 2019).

The Fukawi Property is a hard rock exploration project located northwest of the Magambezi Deposit, and has had no follow up exploration conducted.

“We are excited to start our field work on these interesting exploration targets,” Company President S.A. Farrage stated, “especially at a time when gold is attracting more interest and new gold resource targets are relatively few.”

G. Macdonald, the QP for the company has reviewed and approved the scientific and technical information in this news release.


Current ZNZBF Projects


The Gold Property is located west of the village of Kwamagome, 35 kilometres southwest of the city of Handeni in the Handeni Region, Handeni – Tanga Rural District, United Republic of Tanzania, East Africa and is centered on 5°33’47”S and 37° 51’35”E.

First investigated in 2005, there is no recorded previous exploration on the Property. It is located within a pan-African belt of metamorphic rocks known as the Mozambique Belt. The northwest southeast striking belt of metasedimentary rocks around a central core of a mafic amphibolite unit in granitic gniesses and/or intrusive equivalents which are striking northwest and associated with the Magambazi zone (East Africa Mines – formerly Canaco Resources) located to the south east.

A recent alluvium deposition that fills the main valley that are adjacent to the ridges of outcrop that host the main auriferous structures in the Bondo area (which lies immediately north of the Property). The Alluvium appears to be un-stratified composing of cobbles, pebbles, gravel and sand. The cobbles and pebbles for the most part appear to be quartz although a few metasediment types were noted. The auriferous unit is sand and almost colluvial in appearance. The identified mineralization in the adjacent drainages is beneath 5-6 metres of barren clay silt valley fill contains the Gold.

A recommended exploration program to evaluate the potential of the Property by test pitting and trenching is being initiated.


Gold Vanadium

The Panther Road South showing is located south of the Panther Road showing (092F 439), about 22 kilometres southeast of Port Alberni. Basaltic flows and pillowed basalt of the Upper Triassic Karmutsen Formation (Vancouver Group) are underlain by a complexly interlayered succession of volcanics and sediments of the Paleozoic Sicker and Mississippian to Lower Permian Buttle Lake groups. These include limestones and marbles of the Upper Pennsylvannian to Lower Permian Mount Mark Formation, and basaltic flows, diabase, agglomer- ates and bedded tuffs of the Upper Devonian McLaughlin Ridge Formation (Myra Formation). A zone of semi-massive pyrite, up to 10 centimetres thick and 50 centimetres long, occurs in McLaughlin Ridge basalts (“Mine Flow Unit” of the Thistle mine, 092F 083).

In 1985, Westmin Resources completed a program of geochemical sampling, prospecting and geophysical surveys on the area. A sample across the mineralized zone assayed 2.1 grams per tonne gold (Assessment Report 13711).

In 1988, Nexus Resources completed a program of seven diamond drill holes, totalling 1205.4 metres, on the Thisle property. Diamond drill hole 88-01 encountered a stock work of hematitic quartz-carbonate veinlets ) containing disseminated pyrrhotite and chalcopyrite. Chloritic alteration is common, but epidote-carbonate- chlorite-quartz alteration is also present. Mineralization is associated with alteration. A sample containing disseminated chalcopyrite assayed 1.19 grams per tonne gold, 0.0024 per cent copper, 0.0023 per cent zinc, trace silver and trace lead (Assessment Report 17661).

In 2006 and 2007, programs of soil geochemical sampling were completed on the Panther claim by L. Stephenson for owner G. Wells. During this program (2006 & 2007) over 60 samples were taken in the area and on the claim they were analyzed for ICP 30 elements. A review this year outlined for vanadium, found that most of the samples were above the back ground of 50 ppm and a high proportion (90%) were above 100 ppm with almost all on the Panther Claim taken along a 2 km stretch above 200 ppm and 2-3 above 300 ppm. This represents an area that fits the model with an association with iron and base metals in a unique zone with some of the most consistent and high values of vanadium that I have seen. It represents a unique undefined target that is one of the best known for vanadium values ever seen in this new vanadium exploration market.

It is the premium un-explored vanadium property known!



I don't know how else to get it through to you...

Gold is smoking hot, trading around $1.5K an ounce at the moment.

Could We See Gold Prices At $2K Soon???

Undervalued, ZNZBF could be your next breakout profile. If traders catch wind of a $.14 gold miner flying under-the-radar, could it become the next gold stock to double in price?

If there are more updates today, I'll get them to you ASAP. Talk again soon.


Kai Parker


(Always Remember The Stock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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