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The Buckreef Gold Project
The Buckreef Gold Project is TRX Gold’s flagship — a low risk, high margin, open pit gold mining operation with production expansion potential and exceptional blue-sky opportunity, with ongoing exploration and brownfield drilling aimed at increasing the project’s mineral resource. An increase in annual gold production is planned for fiscal 2025, representing a de-risked opportunity to leverage the value of gold.
ABOUT TRX GOLD CORP
TRX Gold is rapidly advancing the Buckreef Gold Project. Anchored by a Mineral Resource published in May 20201, the project currently hosts an NI 43-101 Measured and Indicated Mineral Resource (“M&I Resource”) of 35.88 million tonnes (“MT”) at 1.77 grams per tonne (“g/t”) gold containing 2,036,280 ounces (“oz”) of gold and an Inferred Mineral Resource of 17.8 MT at 1.11 g/t gold for 635,540 oz of gold. The leadership team is focused on creating both near-term and long-term shareholder value by increasing gold production to generate positive cash flow. The positive cash flow will be utilized for exploratory drilling with the goal of increasing the current mineral resource base and advancing the larger project development which represents 90% of current mineral resources. TRX Gold’s actions are led by the highest environmental, social and corporate governance (“ESG”) standards, evidenced by the relationships and programs that the Company has developed during its nearly two decades of presence in the Geita Region, Tanzania.
1See Disclaimer & Cautionary Notes Section.