TANZANIAN GOLD UPDATE ON REQUEST FOR PROPOSAL FOR MINING PROCESS

TORONTO, February 5, 2020, (GLOBENEWSWIRE) – Tanzanian Gold Corporation, (TSX:TNX) (NYSE American:TRX) (the “Company”) is pleased to announce that it has advertised, issued, received and is reviewing the qualified bid responses for the Buckreef Gold Project’s (the “Project”) Request For Proposal (RFP) for its mining process.

The RFP included as part of its requirements a thorough and working understanding of current laws and regulations for mining processes and operations which are located in the United Republic of Tanzania, including, but not limited to “The Mining Local Content Regulation, 2018”, and compliance with this regulation. The Project is located near the Mnekezi Village, Geita District, Tanzania.

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