Tanzanian Royalty Exploration Corporation

1.38

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 Gold Announces Closing of Placement of Common Shares in the amount of $1,111,500

TORONTO, July 01, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce the closing of the placement of 1,916,379 common shares at US$0.58 per share raising $1,111,500 in the aggregate with certain investors as previously announced in its press release of June 26, 2019.   The proceeds from the placement of common shares will be used in furtherance of the Company’s Three-Phase Drill Program at the Buckreef Project previously announced. As  Mr. James E. Si...

Tanzanian Gold Announces Registered Direct Placement of Common Shares in the amount of $1,111,500

TORONTO, June 26, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce the entering into subscription agreements for the registered direct placement of 1,916,379 common shares at US$0.58 per share raising $1,111,500 in the aggregate with certain investors. The Company has continued to raise funds as needed to expand our gold deep drilling program now in phase II and the Ultra Deep drilling in Phase III. As Mr. James E. Sinclair, Executive Chairman (TRX) has previously commen...

Tanzanian Gold Announces Further Results From Drilling Below Pit Bottom Highlights Include 63m @ 4.8 g/t Au incl 22m @ 9.3 g/t Au that incl 2m @ 31.1 g/t Au

TORONTO, June 06, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation’s, (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce results from the third hole, Hole L19-2, of the Phase II drilling program. The objective of Phase II is to identify gold mineralization in the range of 50 to 200m below the pit bottom of the open pit that is the basis of the 43-101 compliant Prefeasibility Study dated June 26,2018. The two previous drill holes in Phase II are Holes 13-3 and U22-1. All three holes have encountered significant mine...

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