TRX Gold CEO Stephen Mullowney joined Proactive and said the company has released more drill results from its 24-hole program in the southwest area of the Buckreef Main zone. Mullowney said the results showed another extension of known mineralization around 200 metres to the southwest and deeper under the historical South Pit. The company's fiscal 2023 program comprises 9,000 metres of diamond drilling, 13,000 metres of [...]
TRX Gold Corp. is pleased to announce positive assay results from its exploration program which has provided another extension of known mineralization on the Buckreef Gold Main Zone trend of approximately 200 m to the southwest and deeper under the historical South Pit. The results are positive and significant for the Company as they continue to demonstrate: continuity of gold mineralization along strike to the southwest [...]
TRX Gold Corp. 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: continuity of mineralization down dip and along strike of the deposit; and excellent width and grade of mineralization. As part of the upcoming metallurgical variability study, using [...]
TRX Gold Corp. today reported its results for the fourth quarter and year end August 31, 2022. Financial results will be available on the Company's website on November 30, 2022. Key highlights for Q4 and Year Ended 2022 include: A management team that was laser-focused on execution: The TRX Gold team delivered two mill expansions on site at the Buckreef Gold Project. In Q2 2022, Phase 1 of the 1,000 tpd+ mill was [...]
TRX Gold Corp. is excited to announce that the Buckreef Gold Project has reached one million working hours without a lost-time or recordable injury, a clear reflection of the team's focus and commitment to the health and safety of its members and consultants. "At any one time at the Buckreef Gold Project, there can be well over 100 employees or more on site, with two shifts working a 24-hour, 7 day per week operation. The [...]
TRX Gold Corp. is pleased to report the declaration of commercial production of the 1,000+ tonne per day processing plant at the Buckreef Gold Mine , effective November 2022. The declaration of commercial production for the 1,000+ tpd processing plant at Buckreef Gold in Tanzania is made after successful construction, commissioning and ramp-up of processing to a steady state throughput of 1,000+ tpd. The processing plant [...]
TRX Gold Corp. is pleased to announce that Buckreef Gold's 1,000+ tonne per day oxide mill circuit has been commissioned and is currently ramping up production. This mill expansion?from its original 360 tpd capacity?was planned less than 12 months ago at a capital cost of US$4 million. First ore has been introduced to the expanded processing plant and the team is ramping up throughput over the next month in order to reach [...]
TRX Gold Corp. is pleased to report preliminary Q4 and full year 2022 gold production and an update on the status of the 1,000+ tonne per day oxide mill expansion at Buckreef Gold. The Company reported Q4 2022 production of 3,619 ounces of gold, exceeding previous production guidance of 750-800 ounces of gold per month, as well as preliminary Q4 2022 sales of 3,363 ounces of gold, both new records for the Company. On a [...]
TRX Gold Corp. is pleased to announce that management will be attending and presenting at the H.C. Wainwright 24th Annual Global Investment Conference in New York City, taking place between September 12-14, 2022. The team will also be in attendance at the Precious Metals Summit in Colorado, later in the week, between September 13-16, 2022. Management will be meeting one-on-one with existing and potential investors to [...]
TRX Gold Corp. is pleased to announce that its operating subsidiary, Buckreef Gold Corporation Limited , has entered into a pre-paid gold purchase agreement with a contract price totaling US$5 million with OCIM Metals & Mining SA. The total contract price can be made available to Buckreef Gold in tranches with a $2.5 million upfront tranche and further tranches to be drawn over the next 18 months at Buckreef Gold's [...]
TRX Gold is pleased to announce several positive assay results from the northeast step-out drilling at the Buckreef Gold Main Zone, which has now been extended by yet another 50 m for a total extension in the NE of 300 m; the total strike length having now been extended to 2.0km. TRX has also commenced exploration drilling to the southwest of the Main Zone, where the drill rig is now active approximately 250 m beyond the [...]
TRX Gold is pleased to invite shareholders and all interested participants to a live investor conference call that will be hosted by TRX Gold’s executive team. The call is scheduled to take place: Wednesday, July 27, 2022. 3:00 pm ET to 4:00 pm ET. Participants interested in attending the virtual investor call, can do so by clicking on the above link. There will be a brief Q&A session toward the end of the call, where [...]