Tanzanian Gold Corp.’s, Board of Directors wishes to retract in its entirety, as a result of a review by staff of the Ontario Securities Commission , the disclosure of unclassified resources included in the Company’s press release of February 14, 2020 regarding the Buckreef Project. Unclassified resources are not a CIM category of mineral resources and such disclosure is contrary to paragraphs 2.2 and 2.3 of [...]
Tanzanian Gold Corp.’s Board of Directors is pleased to announce Unclassified Mineral Resources for the 1.2km long Buckreef Shear Zone that amount up to 4,291,000 ounces contained in 242.4 million tons grading at 0.57 g/t Au at a block cutoff grade of 0.1 g/t Au. The Unclassified Mineral Resources are from an unconstrained block model using all the drilling results to date. Results at higher cut-off grades are shown [...]
Tanzanian Gold Corp. announces that the Appellate Division, First Judicial Department, Supreme Court of the State of New York has affirmed the Supreme Court of the State of New York, County of New York granting of summary judgment to Crede CG III, LTD under a Securities Purchase Agreement entered into on September 1, 2016 between Crede and the Company. The Company is currently reviewing its rights including the right to [...]
Tanzanian Gold Corp., is pleased to announce that it has advertised, issued, received and is reviewing the qualified bid responses for the Buckreef Gold Project’s Request For Proposal for its mining process. The RFP included as part of its requirements a thorough and working understanding of current laws and regulations for mining processes and operations which are located in the United Republic of Tanzania [...]
Tanzanian Gold Corp.’s, Board of Directors is pleased to announce final results from Phase II of its ongoing drill program at the Buckreef Project. The Company also announces the start of Phase III drilling that will test the extension to ultra-deep levels of mineralization found below the pit bottom in Phase II. The results summarized below from Hole 26-2 confirm that the Northeast Extension is still open along [...]
Tanzanian Gold Corp., is pleased to announce that the Company will be participating in the upcoming Vancouver Resource Investment Conference on January 19th and 20th, 2020. A new Buckreef Project presentation will be made at the conference Monday January 20th, 2020. Please visit our website where this presentation will be available shortly. Regards, Michael E. Martin Investor Relations m.martin@tangoldcorp.com For further [...]
Tanzanian Gold Corp.’s Board of Directors is pleased to announce that it has completed the sale of 6,695,652 common shares raising $3,850,000, in the aggregate as previously announced in its press release of December 16, 2019. Tanzanian Gold Corp. has over the past twelve months successfully executed a professionally designed and managed pathway with our development at the Buckreef Project. As demonstrated by our [...]
Tanzanian Gold Corp., announced today that it has commenced an underwritten public offering of up to 6,695,652 Common Shares at $0.575 per share. R.F. Lafferty Co., Inc. is acting as underwriter to offer and sell the Common Shares on a “best efforts” basis. The Company intends to use the net proceeds from the offering at the Buckreef Project primarily to further its on-going Ultra Deep Exploration drilling [...]
Tanzanian Gold Corp., announced an update on the Buckreef Project and results for its fiscal year ended August 31, 2019. Buckreef Project The Company is executing its plan to begin gold production at the Buckreef Project. The Company will begin with the mining and processing of high grade oxide reserves at or close to surface at the location of the open pit defined in the 43-101 Pre-Feasibility Study. An oxide open pit [...]
Tanzanian Gold Corp.’s, Board of Directors is pleased to provide shareholders with a simplified guide to the progress that the Buckreef Project has made since the Company acquired it. This guide is based on the 43-101 Standard of Reporting. Regulators in Canada require that on any significant matter related to mining, listed companies must follow National Instrument 43-101 . Disclosures covered by NI 43-101 include [...]
Tanzanian Gold Corp.'s Board of Directors is pleased to announce further assay results from its ongoing 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 National Instrument 43-101 Technical Report, and to extend the mineralization to the Northeast. The significant intercepts reported today are outside the open [...]
Tanzanian Gold Corp.’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 [...]