Tanzanian Gold provides additional updates on its Buckreef Project following previous announcement doubling Mineral Resources TORONTO, April 08, 2020 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation’s (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to provide an update on its Buckreef Project following the press release of March 17, 2020 that announced the results of the 2019 drilling campaign which more than doubled the estimated Mineral Resource in the Measured + Indicated categories for the Buckreef Shear Zone to 2.3 million contained ounces of gold. Drill...
Tanzanian Gold Announces Doubling Of Resources In Measured + Indicated Categories And Highlights Upside In Exploration Targets on its Buckreef Gold Project TORONTO, March 17, 2020 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation’s, (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce that it has received an update of the Estimated Mineral Resources in the Buckreef Shear Zone from Virimai Projects, its independent technical advisor. This update incorporates the results from the 2019 drilling campaign, the largest drill campaign in the Company’s history. ...
Tanzanian Gold Reports Annual Meeting Voting Results VANCOUVER, British Columbia, Feb. 28, 2020 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE MKT:TRX) (the "Company") announces the voting results from its 2020 annual general meeting held on February 27, 2020. A total of 75,572,255 common shares were voted representing 47.64% of the issued and outstanding common shares of the Company. Shareholders voted in favour of all items of business before the Meeting, as follows: Item Voted UponResult of VoteSet the number of directors at fiveVotes ForVotes Against34,631,729 (9...
Tanzanian Gold announces an upper level intercept of 48m (incl. 5m @6.6g/t and 1.0M @ 16.8 g/t ) and a deeper intercept of 13.4m (incl. 8.0m @ 4.9 g/t) in the first hole of the Phase III deep drilling program testing the underground potential at Buckreef Gold project TORONTO, Feb. 26, 2020 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation’s, (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce results from Hole L19-1 (BMRCD309), the first hole of Phase III (ultra-deep) that targets the continuity of mineralization significantly below that encountered in P...
Tanzanian Gold Clarifies Disclosure TORONTO, Feb. 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 Ins...
Tanzanian Gold announces 4,291,000 ounces of gold contained in unclassified resources at the conclusion of its Phases 1 & 2 Resource Upgrade drilling along the 1.2km Buckreef Shear Zone TORONTO, Feb. 14, 2020 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation’s (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce Unclassified Mineral Resources for the 1.2km long Buckreef Shear Zone that amount up to 4,291,000 ounces contained in 242.4 million tons grading at 0.57 g/t Au at a block cutoff grade of 0.1 g/t Au. The Unclassified Mineral Resources are from an u...
Appellate Division Affirms New York Supreme Court Decision; Tanzanian Gold to Continue to Pursue Federal Matter TORONTO, Feb. 05, 2020 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company”) announces that the Appellate Division, First Judicial Department, Supreme Court of the State of New York has affirmed the Supreme Court of the State of New York, County of New York granting of summary judgment to Crede CG III, LTD under a Securities Purchase Agreement entered into on September 1, 2016 between Crede and the Company. The Company is currently reviewin...
Tanzanian Gold Update on Request for Proposal for Mining Process TORONTO, Feb. 05, 2020 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation, (TSX:TNX) (NYSE American:TRX) (the “Company”) is pleased to announce that it has advertised, issued, received and is reviewing the qualified bid responses for the Buckreef Gold Project’s (the “Project”) Request For Proposal (RFP) for its mining process. The RFP included as part of its requirements a thorough and working understanding of current laws and regulations for mining processes and operations which are located in the United Republic of Tanzania, ...
Tanzanian Gold Announces End of Phase II Drilling and Start of Phase III Ultra-Deep Drilling; 50m @ 1.8 g/t Au Including 5m @ 4.6 g/t Au, 7m @3.9 g/t Au and 1.0m @ 7.0 g/t Au Confirms Northeast Extension Still Open TORONTO, Jan. 23, 2020 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation’s, (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce final results from Phase II of its ongoing drill program at the Buckreef Project. The Company also announces the start of Phase III drilling that will test the extension to ultra-deep levels of mineralization found be...
Tanzanian Gold Corporation will participate in the Vancouver Resource Investment Conference TORONTO, Jan. 17, 2020 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation, (TSX:TNX) (NYSE American:TRX) is pleased to announce that the Company will be participating in the upcoming Vancouver Resource Investment Conference on January 19th and 20th, 2020. A new Buckreef Project presentation will be made at the conference Monday January 20th, 2020. Please visit our website where this presentation will be available shortly. Regards, Michael E. MartinInvestor Relations For further information, plea...
Tanzanian Gold Announces Closing of Sale of $3,850,000 in Common Shares TORONTO, Dec. 18, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation’s (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce that it has completed the sale of 6,695,652 common shares raising $3,850,000, in the aggregate as previously announced in its press release of December 16, 2019. Tanzanian Gold Corporation has over the past twelve months successfully executed a professionally designed and managed pathway with our development at the Buckreef Project. As demonstrated by our n...
Tanzanian Gold Corporation Announces Public Offering of Common Shares TORONTO, Dec. 16, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation, (TSX:TNX) (NYSE American:TRX) (the “Company”) announced today that it has commenced an underwritten public offering of up to 6,695,652 Common Shares at $0.575 per share. R.F. Lafferty Co., Inc. is acting as underwriter to offer and sell the Common Shares on a “best efforts” basis. The Company intends to use the net proceeds from the offering at the Buckreef Project primarily to (i) further its on-going Ultra Deep Exploration drilling program testing...
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 t...
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 ...
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 Nort...
Tanzanian Gold Announces Drill Results Below Buckreef Open Pit Bottom Intercepts of 38.7m @ 5.2g/t Au including 4m @ 18.1g/t TORONTO, Sept. 26, 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 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 significant intercepts reported today occur approximately 200m below the ...
Buckreef Gold Mine Development Update TORONTO, Sept. 12, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation’s, (TSX: TNX) (NYSE American: TRX) (the “Company’s”) Board of Directors is pleased to announce several updates on the Buckreef Project including: the release of a new surface geological map; a summary of the down-the-hole geophysical survey; and an update on the Northeast Zone that is still open on strike One of our primary objectives behind the 2019 drill program has been to pull together data from previous, sometimes patchy and isolated drilling campaigns, and to combine this w...
Tanzanian Gold Announces Closing of Sale of $3,000,000 in Common Shares TORONTO, Aug. 13, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation’s (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce that it has completed the sale of 4,000,000 common shares raising $3,000,000, in the aggregate as previously announced in its press release of August 9, 2019. Tanzanian Gold Corporation is extremely pleased to have worked with R.F. Lafferty to complete this important financing. The proceeds from this sale of common shares will allow the Company to continue...
Tanzanian Gold Corporation Announces Public Offering of Common Shares TORONTO, Aug. 09, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation, (TSX:TNX) (NYSE American:TRX) (the “Company”) announced today that it has commenced an underwritten public offering of up to 4,000,000 Common Shares at $0.75 per share. R.F. Lafferty Co., Inc. is acting as underwriter to offer and sell the Common Shares on a “best efforts” basis. The Company intends to use the net proceeds from the offering in furtherance of a deep underground geophysical survey and the continuation and completion of Phase II drill...
Buckreef Resource-Geology Model Update TORONTO, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation’s, (TSX:TNX) (NYSE American:TRX) (the “Company”) Board of Directors is pleased to announce the start of a geophysical survey at the Buckreef Property. This survey will help complete the Company's new Resource-Geology Model. Geophysical Survey Exploration Geophysics Pty Ltd has arrived on site and has commenced down-the-hole wireline geophysical surveys of holes drilled earlier this year. This will be done by using a probe with Induced Polarization and Electromagnetic sensors th...
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