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Tanzanian Gold Corp.
Summary
| Project: | Buckreef Mine | |
|---|---|---|
| Deposit: | Buckreef Mine | |
| Location: | Tanzania | |
| Commodities: | Gold | |
| Date: | 2/21/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine Development | |
| Report details: | 21-2-2020: Tanzanian Gold Corp. announces a Resource Estimation report for its Buckreef Mine deposit at the Buckreef Mine project. Tanzanian Gold retracts the Unclassified Mineral Resources at the Buckreef Project. TORONTO, February 21, 2020, (GLOBE NEWSW | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | TORONTO, February 21, 2020, (GLOBE NEWSWIRE) - Tanzanian Gold Corporation’s, (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors wishes to retract in its entirety, as a result of a review by staff of the Ontario Securities Commission (“OSC”), the disclosure of unclassified resources included in the Company’s press release of February 14, 2020 (the “Prior Release”) regarding the Buckreef Project. Unclassified resources are not a CIM category of mineral resources and such disclosure is contrary to paragraphs 2.2(a) and 2.3(1)(a) of National Instrument 43-101 Standards of Disclosure for Mineral Projects. For information in respect of the Company’s Buckreef Project, please refer to the Company’s Technical Report dated June 26, 2018 available under the Company’s profile at www.sedar.com, rather than the Prior Release. The Company is very pleased with the progress and outcome of its 2019 drilling program at the Buckreef Project and looks forward to providing revised disclosure within approximately 14 working days. Respectfully Submitted, “James E. Sinclair” | |
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