Announcement Date: 2022-12-12
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: TRX Gold Corp.
Project name: Buckreef
Location: Tanzania
Commodities: Gold
Highlight: Drilling results incl. 106.0m at 4.19g/t Au, from 85m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: TORONTO, Ontario, December 12, 2022 – TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce positive assay results from its 19-hole metallurgical variability sampling program on the Buckreef Gold Main Zone. The results are positive and significant for the Company as they continue to demonstrate: (i) continuity of mineralization down dip and along strike of the deposit; and (ii) excellent width and grade of mineralization. As part of the upcoming metallurgical variability study, using core from this program, the Company will assess the amenability of the sulphide material to be processed through the existing processing plant, using its relatively simple flowsheet. In turn, this may have positive implications for potential plant expansions.
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