Toronto-listed TRX Gold has commissioned the expanded 1 000 t/d oxide mill circuit at the Buckreef gold mine, in Tanzania.
The mill expansion, from the original 360 t/d capacity, was planned less than 12 months ago at a capital cost of $4-million.
The processing plant should reach its nameplate capacity by the end of October. The operation will produce an average of 15 000 oz to 20 000 oz of gold over the life of the oxide mine plan.
About 10% of Buckreef’s total mineral resource consist of oxide mineral resources. The project hosts a measured and indicated mineral resource of 35.88-million tonnes at 1.77 g/t gold containing 2.04-million ounces of gold and an inferred mineral resource of 17.8-million tonnes at 1.11 g/t gold for 635 540 oz of gold.
“This is another great milestone at Buckreef Gold. We are very proud of the dedication and hard work accomplished by our Tanzanian colleagues.
“Over the last 18 months we have taken the Buckreef Gold project from a negative cash flow test plant to a high-margin, cash-flow positive operation that continues to have near-term expansion opportunities,” said TRX Gold CEO Stephen Mullowney.