TRX Gold drills 4.19 g/t gold over 106 metres at Buckreef, Tanzania CanadiansInvest
-NYSE American] reported positive assay results from its 19-hole metallurgical variability sampling program on the Buckreef gold main zone in Tanzania. The Buckreef Project comprises five prospects, namely Buckreef, Bingwa, Tembo, Eastern Porphyry and Buziba.
As part of the upcoming metallurgical variability study, using core from this program, the company will assess the amenability of the sulphide material to be processed through the existing processing plant, using its relatively simple flowsheet. In turn, this may have positive implications for potential plant expansions.
Hole BMMT022 intersected 106 metres grading at 4.19 g/t gold from 85 mettres and 77 metres grading at 3.09 g/t gold from 241 metres. Hole BMMT021 intersected 90 metres grading at 1.56 g/t gold from 139 metres. Sampled widths are not true widths. Of 19 holes drilled, 18 are reported, with the remaining hole unreported due to an incomplete intersection of the Main zone.
TRX Gold will also be evaluating the existing processing plant flowsheet of: crushing, grinding and carbon-in-leach, with primary grinding of P80=~75 microm. The operations have achieved gold recovery rates of ~90% since production began in October 2021, with over 100,000 tonnes being processed. SGS Canada Inc., as part of the initial metallurgical test work at their Lakefield, Ontario facility, achieved a comparable recovery rate for a similar flowsheet.
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