Tanzanian Royalty Exploration Corporation

1

Canada & Ontario Toronto

Bay Adelaide Centre, East Tower, Suite 3400

+1 604 696-4236

www.tanzanianroyalty.com

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Company Resources

Project : Buckreef Mine
Deposit : Buckreef Mine
Date : Jul 30, 2018
Report Code : NI43-101 Report Type: Pre-Feasibility Study
Download: View this Report
Commodities : Gold
Report Details: PFS results incl. post-tax NPV of US $130.69M (5%), IRR of 74%,
Resources: (Reserve, P+P): 19.202Mt @ 1.54g/t Au for 951Koz Au contained at Buckreef
CP/QP: [Resources]: Wenceslaus Kutekwatekwa (Virimai Projects)

Company Press Releases

Doubling of Gold Mineral Resources Confirmed

VANCOUVER, British Columbia, June 23, 2020 (GLOBE NEWSWIRE) -- Tanzanian Gold Corp. (TSX: TNX); (NYSE American: TRX) (the “Company”) is pleased to announce that it has filed a National Instrument 43-101 Independent Technical Report entitled “Updated Mineral Resource Estimate for the Buckreef Gold Mine Project, Tanzania, East Africa” (the “Report”). This Report follows the Company’s release of March 17, 2020 that announced a doubling of Resources in the Measured and Indicated Categories as well as highlighting the upside potential in Ex...

Gold Production Started At Buckreef Oxide Project

VANCOUVER, British Columbia, June 17, 2020 (GLOBE NEWSWIRE) -- Tanzanian Gold Corp. (TSX: TNX); (NYSE American: TRX) is pleased to announce that gold production has reached commercial level at the oxide ore processing plant at the Buckreef Project. First bucket at the oxide open pit was on April 6, 2020. Since then oxide ore has been stockpiled at a ROM pad. Construction of the plant ended on May 28, 2020. The plant successfully completed both cold and hot commissioning and has now reached commercial production and is being operated 24/7 under two 12-hour operating shifts per day A...

IIROC Trading Halt - TNX

TORONTO, June 17, 2020 /CNW/ - The following issues have been halted by IIROC: Company: Tanzanian Gold Corporation TSX Symbol: TNX (all issues) Reason: Pending News Halt Time (ET): 1:04 PM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Investment Industry Regulatory Organization of Canad...

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