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Bullboard - Stock Discussion Forum
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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TSX:TRX - Post Discussion
TRX Gold Ord Shs
> why i like TRX gold!
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austrochris1
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Post by
austrochris1
on Nov 02, 2024 6:16am
why i like TRX gold!
Top notch management, growing production, low cost , high recovery, a lot of exploration potential. ( 35.5 m @ 5.48 g/t Au from 64 m; including 13m
@8.06g/t
, last release ) , new discovery, ready for 4800 Tons/day. No debt. from 1000 tons/day to 2000 just 6 Million Dollar capex needed. ( worldclass ). growing without dilution. 2025 = 40 000 ounces = 50 to 60 Million US Dollar free cash.
(56)
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JamesF
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Comment by
JamesF
on Nov 02, 2024 7:01am
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