Tanzania Gold Corp,trx stock at https://www.webull.com/quote/amex-trx formerly the Tanzania Tanzania Royalty Exploration Corporation, is under investigation. Mining properties are located outside the United States. This company is a mineral resource company that deals with the acquisition of interests and exploration of natural resources in the future and the possibility of developing this property. The company’s main interest is in research and development of gold properties, with a focus on research and development of gold properties in Tanzania.
The main research and development object is located in the United Republic of Tanzania, Africa. The company’s mineral properties include the Buckreef Project, Kigosi Project, Lunguya Project Area, Itetemia Property, and Luhala Property. His projects also included the Kanegele project, the Kongwa project, the Manonga project, the Nzega project, the Ushirombo project, the Nyanzaga project, Mwadui project, Tulawaka project, Kibara project, and Kabanga project.
Tanzanian Gold provides additional updates on its Buckreef Project
- Tanzanian gold (TRX -3.4%) more than doubled the estimated mineral resource in the “Measured + Indicated for Buckreef Shear” category to 2.3 million people with ounces of gold.
- Drilling will continue in Company Phase III (Ultra Deep) of the Company, announced on February 26, 2020.
- The first bucket was dug from the Buckreef Open Pit in April. This shows that the beginning of ore mining must be processed at the company’s new oxide plant. Cold oxide commissioning will begin in late April 2020.
A geotechnical assessment of the Buckreef deposit at depths below the proposed open pit has also been completed.
Tanzania Gold trx stock offers additional updates to the Buckreef project after an earlier version of doubling mineral resources
The Tanzania Gold Corporation Board of Directors is pleased to provide an update to the Buckreef project following a March 17, 2020 press release announcing the results of the 2019 drilling campaign. This has more than double the estimated mineral resources in the designated + designated Buckreef shear zone. to 2.3 million ounces of gold. Drilling will continue in Phase III of the Company (Ultra Deep) which was announced on February 26, 2020. The company announced the following additional updates for the Buckreef project:
First bucket; On April 6, 2020, the first bucket was dug from the Buckreef Open Pit, marking the start of ore mining that would be processed by the company’s new oxide plant. First the surface of the floor is removed from the open oxide hole and stored in a special layer from the top layer. After removing the topsoil, the oxide ore is stored in several separate run-of-mine stores. Cold commissioning; The company contractor announced that the commissioning of the oxide plant had to begin before the end of the month. You can also check husa at https://www.webull.com/quote/amex-husa .