Tanzanian Gold Corporation has announced results from three holes that bring an end to phase 1 of the in-pit drilling programme at its Buckreef gold project in Tanzania.
Tanzanian Gold Corporation announced a three-phase drilling programme in January this year with the primary objective of phase 1 to upgrade inferred resources within the open pit and to add additional ounces.
According to James Sinclair, executive chairman at Tanzanian Gold Corporation, the company has drilled a total of about 4 700m during the phase 1 pit infill drilling programme.
“Our open pit and the substantive mineralised zones we are confirming both in, and below the pit continue to impress. I believe we are seeing our thesis of wider, deeper, richer being confirmed as we progress our drilling programme from phase 1 into phase 2. Intersecting 89.6m of continuous gold mineralisation outside and below the pit is spectacular and bodes well for our future,” says Sinclair.