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TRX Gold Ord Shs T.TRX

Alternate Symbol(s):  TRX

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

Bullboard Posts
Post by Biofinderon Jun 23, 2020 9:57pm
268 Views
Post# 31183993

Statement by Chairman - bulk of resources are “high grade“

Statement by Chairman - bulk of resources are “high grade“https://finance.yahoo.com/news/doubling-gold-mineral-resources-confirmed-213010795.html

Statement By Chairman

“I am delighted that the report today has clearly highlighted two significant aspects of our growing resource base – the high grade nature ( almost 2.0 g/t Au)  of the bulk of our resources, and the  potential to the Inferred category with additional drilling” stated Mr. James E. Sinclair, Executive Chairman.

Bullboard Posts