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Tanzanian Gold Corp.
Summary
| Project: | Buckreef Mine | |
|---|---|---|
| Deposit: | Buckreef Mine | |
| Location: | Tanzania | |
| Commodities: | Gold | |
| Date: | 2/27/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 27-2-2019: Tanzanian Gold Corp. announces an Exploration/Drilling Update report for its Buckreef Mine deposit at the Buckreef Mine project. Drilling results incl. 11.0m @ 3.06g/t Au from 74m. TORONTO, Feb. 27, 2019 -- Tanzanian Royalty Exploration Corpora | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Peter Zizhou (Internal) | |
| ABSTRACT: | TORONTO, Feb. 27, 2019 -- Tanzanian Royalty Exploration Corporation (hereinafter, “The Company”) (TSX: TNX) (NYSE MKT:TRX) is pleased to announce new assay results from its recently commenced infill reverse circulation (RC) drill program at the Buckreef Main prospect at its Buckreef Project, aimed at upgrading the known Mineral resources from Inferred to Indicated and Indicated to Measured categories within the open pit that is the basis for the June 2018 Pre-Feasibility 43-101 Technical Report. Mr. Ulli Rath, Technical Director (TRX) commented, “We are pleased that the drilling campaign is now well underway. The first hole encountered some near surface mineralization that our models did not predict and has also encountered old underground mined out levels that we had expected. As the drilling progresses, we will be able to get a much more comprehensive data base that will then be used for an eventual update of all in-pit Resources and Reserves. In tandem with this first phase of drilling we have finalized a diamond core drilling program to test possible extensions of key in-pit mineralized zones to significant depths below the bottom of the open pit. We expect the diamond drill rig to commence this initial phase of deep drilling towards the end of the first week on March 2019." | |
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