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 > TRX is a unique gold story!

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Post by austrochris1on Oct 29, 2024 2:20pm

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TRX is a unique gold story!

TRX is a unique story. No dilution, They begun with 20 000 oxide ounces / year , now they are able to blend it with sulfide ore - very high recovery - low cost. ( Think TRX has the lowest cost for an ounce gold i know compared to the production profile.) Now TRX is ramping up to 40000 ounces / year . in two years 60000 Ounces and in a few years 100 000 ounces. Growth with no stream or financing , they just use free cash. Beside drilling to built up a 5 Million ounce asset.

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