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Buckreef Resource-Geology Model Update

TORONTO, August 1, 2019 (GLOBE NEWSWIRE) — Tanzanian Gold Corporation’s, (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce the start of a geophysical survey at the Buckreef Property. This survey will help complete the Company’s new Resource-Geology Model.

Geophysical Survey

Exploration Geophysics Pty Ltd has arrived on-site and has commenced down-the-hole wireline geophysical surveys of holes drilled earlier this year. This will be done by using a probe with Induced Polarization and Electromagnetic sensors that feed a continuous stream of data on resistivity and chargeability of the host rocks to a truck on the surface. This data will then be analyzed and will assist identification and/or correlation of different rock units and shear structures between the various drill-holes and thus also provide potential targets for follow up in-fill drilling.