Announcement Date: 2023-05-15
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: TRX Gold Corp.
Project name: Buckreef
Location: Tanzania
Commodities: Gold
Highlight: Drilling results incl. 14m at 3.48g/t Au from 27m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: TORONTO, Ontario, May 15, 2023 – TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to provide an update on the drilling results from the Anfield and Eastern Porphyry Zones. The results demonstrate the potential for the Anfield and Eastern Porphyry Zones to add to resources and a new mining area on the Buckreef Gold project. These results are part of the Company’s larger 2023 exploration and brownfield drilling campaign totalling over 10,000 meters, completed for fiscal 2023, that has the objective of identifying new gold targets and trends, as well as converting Mineral Resources to Mineral Reserves. The project’s high-priority Anfield and Eastern Porphyry zones are at the northern end of a 3-kilometer-long zone of identified gold mineralization that is subparallel to the Buckreef Main Zone (Figure 1).
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