Tanzanian Gold is advancing the Buckreef Gold Project in Tanzania on three parallel tracks:

1) Producing a gold from an oxide operation which is expected to expanded over the next 6-12 months
2) Delivering a sulphide Feasibility Study targeting 150-175k oz of gold production per annum based on the recently updated resource of 2.04 million ounces of gold in M&I, plus an inferred resources of 635,000 oz
3) Drilling continues at the Buckreef deposit as it remains open at depth and along strike