Buckreef Project Continue to intersect Wider Mineralization Zone with 19.0 Metres @ 2.46g/t Au including 2.0 Metres @ 7.49g/t Au
Tanzanian Royalty Exploration Corporation is pleased to announce that new assay results from its ongoing deep diamond drill program at the Buckreef Gold Project in Tanzania have been received and confirm continuity of the wide, higher-grade gold mineralization.
Significant intercepts reported include:
The intersection reported here is a down-hole length and may not represent true width but the true width is estimated to be 50 – 60%.
The host rocks to the gold mineralization at the Buckreef Northeast extension are a sequence of fine grained basalts to medium grained dolerite and strongly altered felsic porphyry units, associated with gold-bearing quartz-sericite-carbonate-pyrite alteration assemblages. The best gold grades are confined within brecciated and altered dolerite with felsic porphyry intercalation and grey quartz vein with fine disseminated pyrite.
“We are very excited about the gold grades of these assays from Buckreef North Zone which continue to increase our understanding of the Northeast extension of the deposit” commented Joseph K. Kahama, Chairman and Chief Operating Officer (Tanzania). “The intercepts are being encountered where predicted.”
Sample Protocol and QA/QC
The samples chain of custody is managed by the Buckreef technical team under the supervision of Anthony Minde. Gold analyses reported in this release were performed by standard fire assay using a 50-gram charge with atomic absorption finish (0.01ppm LLD) and a gravimetric finish for assays greater than 10 grams per tonne. All assays were performed by SGS Laboratory in Mwanza. Sampling and analytical procedures are subject to a comprehensive quality assurance and quality control program. The QA-QC program includes duplicate samples, blanks and analytical standards.
Intervals of core to be analyzed are split in half with a mechanized core cutter with one half to be sent to the laboratory for geochemical analysis and the remaining half to be kept in the storage for future reference and uses.
SGS Laboratory is ISO 90001 and 17025 accredited and employs a Laboratory Information Management System for sample tracking, quality control and reporting.
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We acknowledge the [financial] support of the Government of Canada.