Buckreef Test Plant Supports Production Expansion

VANCOUVER (GlobeNewswire) – Tanzanian Gold Corp. (TSX: TNX); (NYSE American: TRX) (“Tanzanian Gold” or the “Company”) is pleased to provide an update on the 5tph (tons per hour) test plant. As previously reported the plant reached commercial production of gold on June 17, 2020. Since then the plant has operated continuously 7 days a week with two 12-hour shifts per day and has produced a total of 427.9 oz of gold. Here are some of the key performance metrics in the period June 30, 2020 to October 30,2020:

  • 250,810 tons of waste and topsoil removed and stockpiled
  • 21,900 tons of ore mined
  • 10,040 tons ore crushed – wet
  • 9,078 tons ore milled – dry
  • 137 total days operated
  • plant availabil
  • ity has ranged from 73.1% to 94.6 %
  • the average recovery has been quiet steady at 82%

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