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Tanzanian Gold Corp.

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Summary

Project:

Buckreef Mine

Deposit:Buckreef Mine
Location:Tanzania
Commodities:Gold
Date:9/26/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Mine Development
Report details:26-9-2019: Tanzanian Gold Corp. announces an Exploration/Drilling Update report for its Buckreef Mine deposit at the Buckreef Mine project. Drilling results incl. 38.7m @ 5.2g/t Au from 464.3m. TORONTO, September 26, 2019 (GLOBENEWSWIRE) -- Tanzanian Gold
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Peter Zizhou (Internal)
ABSTRACT:TORONTO, September 26, 2019 (GLOBENEWSWIRE) -- Tanzanian Gold Corporation’s, (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce further assay results from its on-going 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 43-101 Technical Report. The intersections reported here are a down-hole length and may not represent true width but the true width is estimated to be 50 – 60%. Mr. James E. Sinclair, Executive Chairman (TRX) commented, “We are pleased with the new and robust assay results from our ongoing program below the heavily drilled open pit where we are encountering wider intercepts in many of our holes. What we have encountered in this hole is an uninterrupted, continuously mineralized zone 200m from the bottom of the pit and over 400m from surface, which remains open at depth. This drilling will help us to better define targets for the upcoming Phase III drill program that will be testing the continuation of gold mineralization to ultradeep levels.

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