Tanzanian Royalty Exploration

TRX Gold Corp. along with its joint venture partner, State Mining Corporation of Tanzania (STAMICO), is building a gold project at Buckreef in Tanzania. The company's Buckreef Project is located in the Geita District of the Geita Region south of Lake Victoria, approximately 110 kilometers southwest of the city of Mwanza, Tanzania. The Buckreef Project consists of over four prospects, namely Buckreef, Bingwa, Tembo and Eastern Porphyry. The company was founded on July 5, 1990 and is headquartered in Toronto, Canada.

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TRX Gold Corp. engages in the exploration, development, and production of mineral property interests in the United Republic of Tanzania. It focuses on Buckreef Gold Project which is located in the Geita District of the Geita Region south of Lake Victoria. The company was founded by James E. Sinclair on July 5, 1990 and is headquartered in Oakville, Canada.

(Kitco News) - TRX Gold (TSX: TNX) (NYSE: TRX) announced Monday that the new 1,000 tonne per day capacity ball mill has arrived on site at the Buckreef gold project in Tanzania.

New ball mill arrives at Buckreef gold mine as part of expansion project - TRX Gold

TRX Gold (TSX:TNX, NYSE-A:TRX) Corporation has taken delivery of a new 1,000 tonne per day ball mill at the Buckreef project in Tanzania. The delivery represents the latest stage in a series of planned expansions to production capacity.

TRX Gold takes delivery of new ball mill at Buckreef project in Tanzania

TORONTO, Oct. 02, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce that the new 1,000 tonne per day (“tpd”) capacity ball mill has arrived on site at the Buckreef Gold Project (“Buckreef Gold”). Over the last few months, technical teams on site have commenced preparatory works in anticipation of receiving key equipment for this mill expansion.

TRX Gold Advances Mill Expansion to Increase Gold Production

TORONTO, Sept. 15, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce that the Company's executives have been invited to attend and present at Denver Gold Group's 35th Annual Gold Forum, being held from September 17th to September 20th in Colorado Springs, Colorado.

TRX Gold to Present at the 35th Annual Gold Forum

TORONTO, Sept. 08, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce that the Company's executives have been invited to attend and present at H.C. Wainwright's 25th Annual Global Investment Conference, taking place September 11th to 13th in New York City. The team will also be participating at the Precious Metals Summit in Beaver Creek, Colorado, taking place September 12th to 15th.

TRX Gold to Present at the 25th Annual H.C. Wainwright Global Investment Conference and Precious Metals Summit Conference

TRX Gold Corporation (NYSE:TRX ) Q3 2023 Earnings Conference Call July 19, 2023 11:00 AM ET Company Participants Christina Lalli - Vice President of Investor Relations Stephen Mullowney - Chief Executive Officer Michael Leonard - Chief Financial Officer Andrew Cheatle - Chief Operating Officer Conference Call Participants Jake Sekelsky - Alliance Global Partners Operator It's now my pleasure to introduce Christina Lalli, Vice President, Investor Relations with TRX Gold. Christina, the floor is yours.

TRX Gold Corporation (TRX) Q3 2023 Earnings Call Transcript

TRX Gold Corporation (TSX:TNX, NYSE-A:TRX) has reported results for its third quarter ended May 31, 2023, highlighting the strong profit margins at Buckreef Gold. The company said Buckreef Gold recognized revenue of $9.3 million and cost of sales of $5.4 million, generating gross profit of $3.9 million, gross profit margin of 42% and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $3.3 million.

TRX Gold highlights strong profit margins at Buckreef Gold as it reports Q3 results

TORONTO, July 17, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the third quarter of 2023 (“Q3 2023”) for the three months ended May 31, 2023. Financial results are available on the Company's website.

TRX Gold Reports Third Quarter 2023 Results

TRX Gold (TRX) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.01 per share a year ago.

TRX Gold (TRX) Reports Break-Even Earnings for Q3

TRX Gold Corporation (TSX:TNX, NYSE-A:TRX) has revealed promising results from bulk sample testing at its Buckreef Gold mine in Tanzania, and also reaffirmed its full-year production estimate and previewed its Q3 production results. The company said it successfully processed over 6,500 tonnes of sulphide ore through its existing milling facility at Buckreef, achieving an indicative gold recovery rate of 88.7%.

TRX Gold reveals promising results from bulk sample testing at its Buckreef Gold mine

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company” or “TRX Gold”) is pleased to provide a significant operational update for Buckreef Gold as well as a preview to the Company's Q3 2023 financial results. Significant operational update The Company is happy to announce important preliminary results from bulk sample testing at the Buckreef Gold mine.

TRX Gold Achieves Sulphide Gold Recovery of 88.7% from Its Existing Processing Plant

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TRX Gold Corp (TSX:TNX, NYSE-A:TRX) has reported the latest drilling results from the Anfield and Eastern Porphyry Zones, which reveal significant potential for resource expansion and the development of a new mining area on the Buckreef Gold project in Tanzania. The results are part of the company's comprehensive 2023 exploration and brownfield drilling campaign, aimed at identifying new gold targets and converting Mineral Resources to Mineral Reserves.

TRX Gold sees significant potential for resource expansion at the Buckreef Gold project

TORONTO, May 15, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to provide an update on the drilling results from the Anfield and Eastern Porphyry Zones. The results demonstrate the potential for the Anfield and Eastern Porphyry Zones to add to resources and a new mining area on the Buckreef Gold project.

TRX Gold's Near Surface Drill Results: 14 m @ 3.5 g/t incl. 3.0 m @ 10.9 g/t Gold

TORONTO, May 12, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today announced that it has entered into an At The Market Offering Agreement with H.C. Wainwright & Co., LLC as Lead Agent and Roth Capital Partners, LLC as Co-Agent, pursuant to which the Company, at its discretion, may offer and sell, from time to time, through the Lead Agent, common shares without par value (the “Shares”) having an aggregate offering price of up to US$10,000,000 (the “Offering”). The Offering is being made in the United States pursuant to a registration statement on Form F-3 (File No. 333-255526) filed under the Securities Act of 1933, as amended (the “Securities Act”), with the Securities and Exchange Commission (the “Commission”) and declared effective on May 21, 2021 (the “Registration Statement”), and the related Prospectus dated April 27, 2021, (the “Base Prospectus”) and the Prospectus Supplement dated May 12, 2023 (“Prospectus Supplement”, together with Base Prospectus, the “Prospectus”) filed with the Commission.

TRX Gold Announces US ATM Offering

TRX Gold Corporation (TRX) Q2 2023 Financial Results Conference Call Transcript.

TRX Gold Corporation (TRX) Q2 2023 Financial Results Conference Call Transcript

(Kitco News) - TRX Gold (TSX: TNX) reported today that in the three months ended February 28, 2023 (“Q2 2023”), its Buckreef gold mine in Tanzania recorded its highest quarterly production to date of 5,636 ounces and sold 5,505 ounces, resulting in positive operating cash flow for the company of $4.8 million.

TRX Gold announces record quarterly production at Buckreef

TRX Gold Corporation (TSX:TNX, NYSE-A:TRX) has reported results for the three months ended February 28, 2023, its fiscal second quarter, showing that its Buckreef Gold project recorded its highest quarterly production to date of 5,636 ounces of gold and sold 5,505 ounces of gold, resulting in positive operating cash flow of $4.8 million for the company In the year-to-date, Buckreef Gold poured and sold 11,030 and 11,258 ounces of gold, respectively, both half-year production records, resulting in a positive operating cash flow of $11.4 million. At mid-year, the company said it is on track to meet its annual gold production guidance for fiscal 2023 of 20,000 to 25,000 ounces of gold, at total average cash costs of $750-$850 per ounce.

TRX Gold says Buckreef Gold recorded its highest quarterly production to date

TORONTO, April 14, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company” or “TRX Gold”) today reported its results for the second quarter of 2023 (“Q2 2023”) for the three months ended February 28, 2023. Financial results will be available on the Company's website on April 14, 2023.

TRX Gold Reports Second Quarter 2023 Results

TORONTO, April 11, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to provide an update on the advancement of the larger Buckreef Gold mine development project, in which ongoing work on a number of different fronts will allow the Company to grow the currently producing Buckreef Gold Mine to a significant operation. Update highlights: Geotechnical characterization has been ongoing as both consultants, SGS Canada and Terrane Geoscience, industry experts in geology, engineering and rock mechanics, have been to the Buckreef Gold project site over the past 4 weeks to complete their field work and drill hole analyses.

TRX Gold Advances Larger Mine Development at Buckreef Gold

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Tanzania has been long seen as one of Africa's brightest mining prospects. BHP, one of the world's biggest mining companies, recently took a decision to invest $100 million in a nickel project in the East African country.

TRX Gold rapidly expands gold production in Tanzania with plenty of exploration upside

Production growth quarter over quarter at Buckreef Gold Production growth quarter over quarter at Buckreef Gold

TRX Gold Reports Q2 2023 Results Preview

The Canadian explorer is generating revenues and positive CFOs and is close to reaching breakeven FCF thanks to its Tanzanian exploitation. The company is pursuing a model where the exploitation's cashflows can finance new CAPEX for a sulfide mining project.

TRX Gold Is Value And Opportunity At These Prices

Expanded Milling Capacity to Further Increase Gold Production Expanded Milling Capacity to Further Increase Gold Production

News for Tanzanian Royalty Exploration Stock (TRX)