TRX Gold Ord Shs TRX

Primary Symbol: T.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.

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TRX Gold Ord Shs

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Post by GoldenArm1on Jul 15, 2024 9:51am

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Post# 36132756

Q3 out and quick take

Good news is that the new plant is up and running. Hopefully production gets to 9000+oz/quarter and the company can get on the profitability track as soon as possible. Breaking even is getting a bit old. Everything else seems to be as expected. I was hoping for more gold than reported. Q4 is looking to be awesome.

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