TanGold to Attend and Present at 2021 Precious Metals Summit Beaver Creek Conference

TORONTO, Sept. 02, 2021 (GLOBE NEWSWIRE) — Tanzanian Gold Company (TSX:TNX) (NYSE American:TRX) (TanGold or the Firm) declares that administration can be attending and presenting on the Valuable Metals Summit Beaver Creek convention going down September 8-11, 2021. Administration can be assembly one-on-one with convention attendees to supply an replace on the oxide plant enlargement, sulphide improvement progress, and up to date exploration actions on the Firm’s Buckreef Venture.

Valuable Metals Summit brings collectively the group of institutional buyers and company executives from senior treasured metals firms to satisfy and community with a number of the most potential producers, explorers, and builders from across the globe. 

TanGold’s CEO, Stephen Mullowney, will current Thursday, September 9 at 16:15 MDT. Please check with the hyperlink and presentation particulars under. 

Webcast Hyperlink and Presentation Particulars
Date: Thursday, September 9^th, 2021 
Time: 16:15 MDT 
Webcast URL*: https://wsw.com/webcast/preciousmetals3/trx/

*A replay of the presentation can be accessible following the dwell webcast utilizing the identical hyperlink. 

The Company presentation can be accessible on the Firm’s web site at www.tangoldcorp.com.

About Tanzanian Gold Company

Tanzanian Gold Company together with its three way partnership accomplice, STAMICO is constructing a major gold challenge at Buckreef in Tanzania that’s based mostly on an expanded Mineral Useful resource base and the therapy of its mineable Mineral Reserves in two standalone vegetation. Measured Mineral Useful resource now stands at 19.98MT at 1.99g/t gold containing 1,281,161 ounces of gold and Indicated Mineral Useful resource now stand at 15.89MT at 1.48g/t gold containing 755,119 ounces of gold for a mixed tonnage of 35.88MT at 1.77g/t gold containing 2,036,280 ounces of gold. The Buckreef Venture additionally comprises an Inferred Mineral Useful resource of 17.8MT at 1.11g/t gold for contained gold of 635,540 ounces of gold. The Firm is actively investigating and assessing a number of exploration targets on its property. Please check with the Firm’s Up to date Mineral Sources Estimate for Buckreef Gold Venture, dated Might 15, 2020, for extra data.

Tanzanian Gold Company is advancing on three value-creation tracks:

1. Strengthening its stability sheet by increasing near-term manufacturing to fifteen,000 – 20,000 oz. of gold per yr from the processing of oxide materials from an expanded oxide plant.
2. Advancing the Closing Feasibility Research for a stand-alone sulphide treating plant that’s considerably bigger than beforehand modelled and focusing on vital annual gold manufacturing.
3. Persevering with with a drilling program to additional check the potential of its property, Exploration Targets and Mineral Useful resource base by: (i) figuring out new prospects; (ii) drilling new oxide/sulphide targets; (iii) infill drilling to improve Mineral Sources at the moment within the Inferred class; and (iv) a step-out drilling program within the Northeast Extension.

For additional data, please contact Michael Martin, Investor Relations, m.martin@tangoldcorp.com, 860-248-0999, or go to the Firm web site at www.tangoldcorp.com

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