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

<< Previous

Bullboard Posts

Next >>

Post by GoldenArmon Jul 20, 2022 12:05pm

218 Views

Post# 34837292

They are actually making money

Latest earning shows net earning of $2M and no one know about it. Load up is what my reaction is.
The achieved planned procution and also got more gold that expected. Sold 3000+oz and cost were $500+. Even at $1700 they are highly profitable. The earning will go toward drilling to find more deposits but I think they should dig everywhere and let the results show which way to go. I'm not a miner so I'm probably wrong in thinking that. Wow, good job TRX!

<< Previous

Bullboard Posts

Next >>

Golden Minerals closes Yoquivo gold-silver project sale