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Buckreef Gold Mine Development Update

FOR IMMEDIATE RELEASE September 12, 2019

TORONTO, September 12, 2019 (GLOBE NEWSWIRE) — Tanzanian Gold Corporation’s, (TSX: TNX) (NYSE American: TRX) (the “Company’s”) Board of Directors is pleased to announce several updates on the Buckreef Project including:

  • the release of a new surface geological map;
  • a summary of the down-the-hole geophysical survey; and
  • an update on the Northeast Zone that is still open on strike

One of our primary objectives behind the 2019 drill program has been to pull together data from previous, sometimes patchy and isolated drilling campaigns, and to combine this with new data from the 2019 campaign, and then to pull all the data together into one interpretation of what we have at Buckreef.

As shown on the simplified map, we have now defined a continuous zone of gold mineralization at Buckreef that is at least 1,200 meters long and that extends to depths of at least 450 meters below the surface. This mineralized zone is still open at depth.