Inactive Instrument

Tanzanian Royalty Exploration Corp Toronto S.E.

CA87600U1049

Tanzanian Royalty Exploration Corp. : Tanzanian Royalty Announces a 121% Increase at the Buckreef Main Prospect and a 39.2% Increase for the Entire Buckreef Project

January 17, 2014 at 12:33 am IST

MarketScreener.com By

January 16th, 2014

Tanzanian Royalty Announces a 121% Increase at the Buckreef Main Prospect and
a 39.2% Increase for the Entire Buckreef Project, in Ounces Contained in the
Measured and Indicated Category. Total Measured and Indicated Resources Now
Contain Approximately 2.4 Million Ounces

Tanzanian Royalty is pleased to provide an updated resource estimate ("Estimate") for
the Buckreef Project which has incorporated the results of the drilling program completed
in late 2012. The Estimate has been prepared by Venmyn Deloitte (Pty) Ltd. ("Venmyn
Deloitte") and is in compliance with National Instrument 43-101(NI 43-101).

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Transcript : TRX Gold Corporation, Q4 2023 Earnings Call, Dec 04, 2023	04/12
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Company Profile

TRX Gold Corporation is a Canada-based company, which is advancing the Buckreef Gold Project. The Company is engaged in the exploration, development and production of mineral property interests in the United Republic of Tanzania. The Buckreef Project's prospects include Buckreef, Bingwa, Tembo, Anfield, Eastern Porphyry and Buziba. The Buckreef Project encompasses three main mineralized zones: Buckreef South, Buckreef Main and Buckreef North. The Company produces gold at its 1,000 tons per day processing plant. Its gold development operations include the Sulphide Development Project, in which the sulphide ore encompasses over 90% of the Buckreef Main Zone's two-million-ounce gold measured and indicated mineral resources. The Buckreef Project hosts an NI 43-101 measured and indicated mineral resource of over 35.88 million tons (MT) at 1.77 grams per ton (g/t) gold containing 2,036,280 ounces of gold and an inferred mineral resource of 17.8 MT at 1.11 g/t gold for 635,540 ounces of gold.

Sector

Gold

Calendar

26/11/2024 - Q4 2024 Earnings Release (Projected)

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