Tanzanian Royalty Exploration Corporation

0.5

Canada & Ontario Toronto

Bay Adelaide Centre, East Tower, Suite 3400

+1 604 696-4236

www.tanzanianroyalty.com

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Company Resources

Project : Buckreef Mine
Deposit : Buckreef Mine
Date : Jul 30, 2018
Report Code : NI43-101 Report Type: Pre-Feasibility Study
Download: View this Report
Commodities : Gold
Report Details: PFS results incl. post-tax NPV of US $130.69M (5%), IRR of 74%,
Resources: (Reserve, P+P): 19.202Mt @ 1.54g/t Au for 951Koz Au contained at Buckreef
CP/QP: [Resources]: Wenceslaus Kutekwatekwa (Virimai Projects)

Company Press Releases

Tanzanian Royalty Announces 2019 Annual Meeting Presentation is Now Available on the Corporate Website

TORONTO, March 11, 2019 (GLOBE NEWSWIRE) -- Tanzanian Royalty Exploration Corporation (hereinafter, “The Company”) (TSX: TNX) (NYSE MKT:TRX) is pleased to announce that it has posted on the company website a video presentation from the 2019 AGM by Ulrich Rath, Technical Director, about the Buckreef Project and the dual objective drill program currently underway. Please follow the link below to view:http://www.tanzanianroyalty.com/2019/03/11/agm-2019-video-playback/ Respectfully Submitted, James E. Sinclair, Executive Chairman Tanzanian Royalty Exploration Corporation...

Tanzanian Royalty Announces Closing of the Sale of $281,000 in Common Shares

TORONTO, March 04, 2019 (GLOBE NEWSWIRE) -- Tanzanian Royalty Exploration Corporation's (TSX:TNX) (NYSE AMERICAN:TRX) (the "Company’s”) Board of Directors is pleased to announce that it has completed the sale of 625,557 common shares raising $281,000 in the aggregate previously announce in its press release of February 27, 2019. The proceeds from the sale of common shares will be used in furtherance of the Company’s Three-Phase Drill Program at the Buckreef Project. Respectfully Submitted, "James E. Sinclair" James E. SinclairExecutive Chairman...

Tanzanian Royalty Announces the Sale of Common Shares of $281,000

TORONTO, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Tanzanian Royalty Exploration Corporation's (TSX:TNX) (NYSE MKT:TRX) (the "Company’s”) Board of Directors is pleased to announce the entering into subscription agreements for the sale of 625,557 common shares at $0.4492 per share raising $281,000 in the aggregate with three investors. The proceeds from the sale of common shares will be used in furtherance of the Company’s Three-Phase Drill Program at the Buckreef Project previously announced. The common shares are being offered pursuant to an effective shelf regist...

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