| 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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