Tanzanian Royalty Exploration Corporation

1

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 Corporation Plans to Start Mining at Buckreef Property; Continues Focus on the Development of the Buckreef Shear Zone; Announces 2019 Year End Results

TORONTO, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation, (TSX:TNX) (NYSE American:TRX) (the “Company”) announced an update on the Buckreef Project and results for its fiscal year ended August 31, 2019. Buckreef Project The Company is executing its plan to begin gold production at the Buckreef Project. The Company will begin with the mining and processing of high grade oxide reserves at or close to surface at the location of the open pit defined in the 43-101 Pre-Feasibility Study. An oxide open pit and a monthly production schedule has been defined. The...

Tanzanian Gold Corporation Provides Update On Buckreef Project

TORONTO, Nov. 04, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation’s, (TSX:TNX) (NYSE American: TRX) (the “Company’s”) Board of Directors is pleased to provide shareholders with a simplified guide to the progress that the Buckreef Project has made since the Company acquired it. This guide is based on the 43-101 Standard of Reporting. Regulators in Canada require that on any significant matter related to mining, listed companies must follow National Instrument 43-101 (“NI 43-101”). Disclosures covered by NI 43-101 include news releases of...

Tanzanian Gold Confirms that Buckreef Zone Still Open to N.E.

Intercept of 31.0m @ 2.5 g/t; including 1.0m @ 11.9 g/t and 1.0m @ 15.5 g/t Au TORONTO, Oct. 11, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation's (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce further assay results from its ongoing Phase II drill program at its Buckreef Project to define potential mineralized zones below the open pit as reported and published in the June 2018 Pre-Feasibility National Instrument 43-101 Technical Report, and to extend the mineralization to the Northeast. The significant interce...

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