TRX Gold Ord Shs T.TRX

Alternate Symbol(s): TRX

Metals & Mining Gold

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.

TSX:TRX - Post by User

TRX Gold Ord Shs

Bullboard Posts

Post by drew17on Jul 04, 2006 5:56am

257 Views

Post# 11059784

Exploration Update 2 July

Mon Jul 3, 2006 Kimberlite Drilling Resumes at Mwadui -------------------------------------------------------------------------------- Diamond drill hole GHDD-32 at the company's Itetemia Gold Project has reached a depth of 467.5 metres. Total depth is expected to be 580 metres. Should the current drill performance be maintained (June 30 = 31 metres; July 01 = 56 metres; July 02 = 41 metres) the hole could be completed this week. In the meantime, RC drilling resumed on June 30th at the company'w Mwadui kimberlite project. Three kimberlites are being tested: K1, K2 and K3. A total of 17 holes aggregating 449 metres were drilled in the three day period ending July 03.

Bullboard Posts

Investors eye Australian gold mining projects amid promising developments