Company
Tanzanian Royalty Exploration Corp
TSE:TNX
Tanzanian Royalty Exploration is a financial gold company whose business strategy is to acquire royalty interests in gold production from its core assets in the Lake Victoria greenstone belt of Tanzania
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TRX Gold touts commercial production at its over 1,000-ton-per-day processing plant at Buckreef Gold Mine in Tanzania
The company noted that construction, commissioning and ramp-up of the over 1,000-ton-per-day processing facility was "completed on schedule and to budget"
TRX Gold boosts Buckreef throughput capacity nearly three times higher to 1,000 tons per day
Buckreef is expected to produce an average of 15,000 to 20,000 ounces of gold annually over the life of the oxide mine plan
TRX Gold delivers record quarterly production and net income from its Buckreef gold operation in Tanzania
During its fiscal 3Q for the three-month period ended May 31, 2022, Buckreef delivered 2,733 ounces of gold and sold 3,033 ounces –both of which are quarterly records