Operational Updates 2017-11-02 Preparatory work for future mining has commenced
Posted: Fri May 05, 2017 8:12 pm
Operational Updates 2017-11-02
Note: Hold Ctrl and Press + to increase photo size to fill your PC's screen or Hold Ctrl and Press - to reduce. A few photos smaller than the rest.
Large Government Delegation 2017-11-02
The GM explain the Project to the HON Minister and HON Deputy Minister 2017-11-02
Mine Progress Layout 2017-11-02
[ https://youtu.be/G0O_s08v5NQ ]
Ministerial Visit at Buckreef 2017-11-01
South Pit 2017-11-01
Overview of the mine 2017-11-01
HON Minister A. Kairuki Visit the Mine 2017-11-01
TSF Construction – approx 50% is now completed. TSF is Tailing Storage Facility (mining) 2017-07-21
Geita RMO arriving at the Site for inspection. 2017-07-21
Carpenters busy making timber tops and sitting benches on the frames of the desks. 2017-07-21
105 Black Painted Frames completed waiting timber tops and sit on benches. 2017-07-18
Dozer clearing Buckreef TSF Construction Area 1. 2017-07-18
Cleared area TSF Construction – about 35% completed. TSF is Tailing Storage Facility (mining) 2017-07-18
Dozer keep making clearing at the proposed Buckreef TSF Construction Area. 2017-07-12
Cutting & welding one inch Square Pipes into various sizes for making desk frames. 2017-07-12
Ready desk frames being painted with anti rust paint – Await carpenter to put timber tops and sits. 2017-07-12
Technician using GPS to establish the perimeter of the area to be cleared for TSF construction. 2017-07-06
Dozer clearing the perimeter marking the boundary of the area to be cleared for the TSF construction. 2017-07-06
Buckreef site Area showing Areas Proposed for TSF construction – Area to the south started to be cleared today. TSF is Tailing Storage Facility (mining) 2017-07-06
Hauling Timber from the Site to the storage area at camp 2017-07-05
Cat Dozer clearing at the Buckreef Main Phase 1 connection to the South Pit Area 2017-07-05
Buckreef Project licence Inspection – Madini Inspectors at the South Pit 2017-07-05
Stamico Surveyor picking up survey control point at the camp for his ore stockpile volume survey. 2017-06-27
Cat Dozer clearing at the Buckreef North Pit & Phase 3 remained Areas 2017-06-27
Cat Dozer clearing at the Buckreef North Pit Area 2017-06-27
Aerial view of the Bush Clearing work on Main Pit 2017-06-16
Additional clearing on main pit perimeter. 2017-06-16
Additional clearing on main pit perimeter. 2017-06-16
Visit of AURICA at Buckreef 2017-06-03
Plan of Plant Layout 2017-06-03
Milling Diagram 2017-06-03
View of the plant 2017-05-22
View of Phase one surveyed area with marked flags. 2017-05-22
Ordinary maintenance work 2017-05-22
GPS Survey of the detour road is the 2017-05-17
Clearing of Trees:thick bushes on the Buckreef Main Pit Phase 3 GC drill Area 2017-05-15
Front End Loader removing tree that closed off the road to the water Dam 2017-05-15
Clearing on the both sides of the Buckreef Airstrip using Village Group continues 2017-05-15
Chain Saw crew sawing timber for social responsibility programs 2017-05-09
Timber for making school desks 2017-05-09
Busanda VEO in company of Buckreef team on Buckreef- Rwamagaza road detour sensitization tour 2017-05-09
Survey Technicians assisting the Surveyor in the survey activities 2017-05-08
The Surveyor continued with the Grade Control drillholes pickup activities 2017-05-08
Cat D6R Dozer leveling rugged areas on cleared Buckreef Main Pit Phase 2 GC areas 2017-05-08
Timber tree logs will be used for school desks 2017-05-04
Phase 2 Grade Control drill Area continues to be cleared of Trees & Bush 2017-05-04
Clearing of tree trunks and tree branches 2017-05-04
Clearing work continued at the Main Pit 2017-04-08
Dozer clearing more space on the crusher 2017-04-08
Clearing of overgrown bush on the Plant-ROMPad Area 2017-04-08
Visitors from Ministry (MEM) 2017-04-06
Geita District Finance Committee visit to Buckreef 2017-04-06
Shifting of Ore from the heap leach Pad #3 to the Crusher Pad 2017-04-06
Buckreef Main Pit showing Grade Control Drilling Phases 2017-04-04
Flagging the boundary 2017-04-04
Clearing works continues at Buckreef Main Pit Area 2017-04-04
Pit Boundary Demarcation 2017-04-03
Servicing Works on the Dozers 2017-04-03
Demarcating by GPS boundary of the Buckreef Main Pit 2017-04-03
http://www.tanzanianroyalty.com/wp-cont ... elease.pdf
"News Release – March 30, 2017
TANZANIAN ROYALTY RESOURCES UPDATE
ON BUCKREEF DEVELOPMENT PROJECT
TORONTO, ONTARIO--(Marketwired March 30, 2017) - Tanzanian Royalty Exploration Corporation
(TSX:TNX)(NYSE MKT:TRX) (the "Company") announces that Mr. Jeffrey Duval, acting CEO, is pleased
to report that the preparatory work for future mining has commenced. Management decided to proceed with
the clearing process in preparation for pre stripping and grade control drilling to follow. Pre-stripping
operations exposes the area of the property where already identified mineralization exist. This process is
used to map out the grade location and maintain strict control throughout, and provides for accurate grade
selection.
Presently there are 7128 ounces of gold in storage for processing upon completion of the CIL module.
Though the gravity circuit is already installed the planned CIL/Gravity system will provide higher
recoveries.
Mr. Duval is starting this process now because even though our ore storage facility is full, as material is
processed it will be open space for more material to be processed.
It is the intention of the Company to ship the resulting dore bars, after royalty payments to Tanzania to its
refiner, Argor-Heraeus in Switzerland. It will be stored, more than likely, not sold but borrowed against for
cash flow necessities.
Mr. Sinclair, Executive Chairman, will manage the gold position in the market place pending sale. He was
considered in the 1968-1980 gold market as the largest world trader in gold. He has been named Mr. Gold in
many publications, some recently. His experience as a market maker for more than 30 years offers the
Company the option for the management of the gold position sales. This strategy replaces the normal, "mine
and sell as fast as possible", common to the industry. The rationale behind the intent to borrow against the
dore rather than to sell it is based on Mr. Sinclair's widely known assumption of future significantly higher
prices in the gold market. This is not without significant risk of the market place. The Company is willing to
assume this risk due to Mr. Sinclair's experience. It should be noted that past performance is no guarantee to
future performance. "