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 [...]
Tanzanian Gold Corp.’s, Board of Directors is pleased to announce several updates on the Buckreef Project including: the release of a new surface geological map; a summary of the down-the-hole geophysical survey; and an update on the Northeast Zone that is still open on strike One of our primary objectives behind the 2019 drill program has been to pull together data from previous, sometimes patchy and isolated [...]
Tanzanian Gold Corp.’s Board of Directors is pleased to announce that it has completed the sale of 4,000,000 common shares raising $3,000,000, in the aggregate as previously announced in its press release of August 9, 2019. Tanzanian Gold Corp. is extremely pleased to have worked with R.F. Lafferty to complete this important financing. The proceeds from this sale of common shares will allow the Company to continue [...]
Tanzanian Gold Corp., announced today that it has commenced an underwritten public offering of up to 4,000,000 Common Shares at $0.75 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 in furtherance of a deep underground geophysical survey and the continuation and completion of [...]
Tanzanian Gold Corp.’s, Board of Directors is pleased to announce the start of a geophysical survey at the Buckreef Property. This survey will help complete the Company's new Resource-Geology Model. Geophysical Survey Exploration Geophysics Pty Ltd has arrived on site and has commenced down-the-hole wireline geophysical surveys of holes drilled earlier this year. This will be done by using a probe with Induced [...]
Tanzanian Gold Corp. Board of Directors is pleased to announce the closing of the placement of 1,916,379 common shares at US$0.58 per share raising $1,111,500 in the aggregate with certain investors as previously announced in its press release of June 26, 2019. The proceeds from the placement of common shares will be used in furtherance of the Company’s Three-Phase Drill Program at the Buckreef Project previously [...]
Tanzanian Gold Corp. Board of Directors is pleased to announce the entering into subscription agreements for the registered direct placement of 1,916,379 common shares at US$0.58 per share raising $1,111,500 in the aggregate with certain investors. The Company has continued to raise funds as needed to expand our gold deep drilling program now in phase II and the Ultra Deep drilling in Phase III. As Mr. James E. Sinclair [...]
Tanzanian Gold Corp.’s, Board of Directors is pleased to announce results from the third hole, Hole L19-2, of the Phase II drilling program. The objective of Phase II is to identify gold mineralization in the range of 50 to 200m below the pit bottom of the open pit that is the basis of the 43-101 compliant Prefeasibility Study dated June 26,2018. The two previous drill holes in Phase II are Holes 13-3 and U22-1. All [...]
Tanzanian Gold Corp. is pleased to announce results from three holes that bring to an end Phase I of the in-pit drilling program. On January 10, 2019, the company announced a three Phase drilling program at the Buckreef Gold project. The primary objective of Phase I was to upgrade Inferred Resources within the open pit, as defined in the June 26, 2018 43-101 Pre-Feasibility Study, as well as to add additional ounces to [...]