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.

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TRX Gold Ord Shs

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Comment by drew17on Jul 27, 2004 9:50pm

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Post# 7752175

RE: Anyone Know?

Absolutely nothing directly to TNX. This property is a JV between Barrick and Northern Mining Exploration. However it does show another prospective area in the country. Whatever happened to the Barrick/Itetemia JV that was still in discussion after the last AGM? Is Barrick even working the property? Was there an update of their work since the last report? I believe the 5 year agreement expires next April and it isn't likely that ABX will meet the terms of their 5 year commitment so perhaps JS will take the property back sooner. Or perhaps they will both surprise us all and announce a feasibility study before then? Time will tell.

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