Announcement Date: 2022-08-16
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: TRX Gold Corp.
Project name: Buckreef
Location: Tanzania
Commodities: Gold
Highlight: Drilling results incl. 12.27m @ 1.9g/t Au from 191.7m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Main Zone Remains Open In All Directions TORONTO, Aug. 16, 2022 (GLOBE NEWSWIRE) — TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce several positive assay results from the northeast (“NE”) step-out drilling at the Buckreef Gold Main Zone (“Main Zone”), which has now been extended by yet another 50 meters (“m”) for a total extension in the NE of 300 m; the total strike length having now been extended to 2.0km (see previous press release dated June 2, 2022). TRX has also commenced exploration drilling to the southwest (“SW”) of the Main Zone, where the drill rig is now active approximately 250 m beyond the historical South Pit. The NE step-out drilling mineralization and grades have been generally consistent with the Main Zone, where the Company has recently commenced oxide mining activities over the past two quarters. TRX Gold will continue to explore closer to surface in the NE over time. The shallowest hole thus far has been 101.5 m below surface. Drill highlights include
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