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Resource Clips


Posts tagged ‘Tanzanian Royalty Exploration Corporation (TNX)’

Tanzanian Royalty reports Tanzania Gold Assays: 5.45 g/t over 15m, 3.24 g/t over 15m

August 17th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningTanzanian Royalty Exploration Corp TSX:TNX announced assays from its Buckreef Gold Project in Tanzania. Highlights include

2.43 grams per tonne gold over 10 metres
(including 3.77 g/t over 3 metres)
3.24 g/t over 21 metres
(including 8.39 g/t over 3 metres)
5.45 g/t over 15 metres
(including 12.2 g/t over 3 metres)
2.56 g/t over 4 metres
0.66 g/t over 11 metres
(including 6.92 g/t over 1 metre)
3.43 g/t over 19 metres

Chairman/COO Joseph K Kahama commented, “We are very encouraged by the new drilling results which intersected a mineralized zone of significant width at a depth of 300 metres below surface and confirmed the presence of structure control gold mineralization at depth. Drilling to date on the deeper Buckreef has validated the geological interpretation.”

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Investor Relations
1.800.811.3855

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by Kevin Michael Grace

Tanzanian reports Tanzania Gold Assays including 9.2 g/t over 11m

May 2nd, 2012

Resource Clips - essential news on junior gold mining and junior silver miningTanzanian Royalty Exploration Corporation TSX:TNX announced assays from its Buckreef Gold Project in Tanzania. Results include

9.61 g/t gold over 2 metres (including 18.1 g/t over 1 metre)
1.36 g/t over 19 metres (including 4.75 g/t over 1 metre)
1.23 g/t over 6 metres
9.2 g/t over 11 metres

Chairman/COO Joseph Kahama stated, “These higher-grade zones can add considerable value to the project economics and increase the potential to add to our future growth profile. Drilling to date on the deeper Buckreef extensions has validated the geological interpretation and that the current drilling program is progressing well.”

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Contact:
David Duval
Investor Relations
800.811.3855

by Ted Niles

Tanzanian Royalty reports Tanzania Gold Assays as high as 6.27 g/t over 21m

April 20th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningTanzanian Royalty Exploration Corporation TSX:TNX announced results from its Buckreef Gold Project in northern Tanzania. Assays include

1.54 g/t gold over 3 metres
2.67 g/t over 12 metres (including 7.34 g/t over 2 metres)
1.53 g/t over 5.5 metres
2.66 g/t over 4 metres (including 9.99 g/t over 1 metre)
1.6 g/t over 23 metres
6.27 g/t over 21 metres (including 14.27 g/t over 6 metres)
4.27 g/t over 5 metres (including 8.31 g/t over 2 metres)

Chairman/COO Joseph K. Kahama stated, “[The results are] quite exceptional by historical standards and supportive of management’s belief that we are dealing with an essentially new gold discovery that will show its true merits in the coming months. While much more drilling remains to be done, our initial assessment is that we are seeing the emergence of a new gold discovery whose depth potential is reminiscent of at least one existing, long-life gold deposit in Tanzania. We are pulling out all the stops to assess this new discovery given its potential to boost our gold resource base along with the overall grade tenor for the Buckreef deposit which would obviously impact the economic assessment that is currently underway for Buckreef, not to mention the feasibility study that will follow immediately thereafter.”

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Contact:
Tanzanian Royalty Exploration Corporation
604.536.7873

by Ted Niles

Tanzanian Royalty reports Tanzania Gold Assays including 10.58 g/t over 19m

April 11th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningTanzanian Royalty Exploration Corporation TSX:TNX announced assays from its Buckreef gold project in the Lake Victoria Goldfields, Tanzania. Results include

10.58 g/t gold over 19 metres (including 25.97 g/t over 5 metres)
1.75 g/t over 14 metres
1.49 g/t over 4 metres
4.5 g/t over 26 metres (including 17.6 g/t over 4 metres)

Chairman/COO Joseph Kahama remarked, “With the current exploration program focused on testing the upside potential in the deeper levels of the Buckreef deposit, we expect to increase our knowledge regarding the continuity and grade of these zones. We also expect to further increase the confidence level we have in the Buckreef gold project, lending support to increasing our resource base and leaving additional potential in mineralized zones below a vertical depth of 200 metres which remains largely untested.”

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Contact:
Investor Relations
604.536.7873

by Ted Niles