Tanzanian Gold Announces Drill Results Below Buckreef Open Pit Bottom Intercepts of 38.7m @ 5.2g/t Au including 4m @ 18.1g/t
TRX Gold Corporation (TRX)
NASDAQ:AMEX Investor Relations:
tanzanianroyalty.com
Company Research
Source: GlobeNewswire
TORONTO, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation’s, (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce further assay results from its on-going Phase II drill program at its Buckreef Project to define potential mineralized zones below the open pit as reported and published in the June 2018 Pre-Feasibility 43-101 Technical Report. The significant intercepts reported today occur approximately 200m below the open pit bottom as follows: Hole L19.5-1 intersected 38.7m of gold mineralization grading @ 5.2g/t Au from 464.3m to 503m including 3m grading @ 7.8g/t Au from 476m including: 1m grading @ 11.5 g/t at 477m; and 8m grading @ 12.5g/t Au from 481 to 489m including 4m grading at 18.1g/t Au from 482m; and 3m grading @ 9.2g/t Au from 500m to 503m The intersections reported here are a down-hole length and may not represent true width but the true width is estimated to be 50 – 60%. Mr. James E. Sinclair, Executive Chairman
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