Stephen Mullowney, Chief Executive Officer and Director of Tanzanian Gold Corp. (TSX: TNX; NYSE: TRX), catches up with Assay TV to discuss the development and exploration process of the Buckreef Gold Project near Mwanza, Tanzania.
Its oxide test plant operations remained at five tonnes per hour (tph) last quarter and are planning to upgrade to 15 tph in the coming months. The cash flow generated from the larger plant will enable reinvestment in the business and fund exploration, drilling, and capital expenditures at the Buckreef Gold level.
Website: www.tangoldcorp.com
Primary ticker: TSX:TNX, NYSE:TRX
Stages of development: Exploration, Development, Production
Commodity: Gold
Project to promote: Buckreef Gold Project
Project location: Tanzania