12:01 PM EST - Tanzanian Gold Corporation : Announced results for the third quarter of 2021. The company reported an upgrade of 5 tph oxide test plant to 15 tph oxide operation, which is anticipated to mitigate negative cash flow on the 5 tph oxide test plant as well as maintain continuity of workforce. Cash flow generated will enable reinvestment in the business and fund exploration, drilling and capital expenditures at the Buckreef Gold level. Discovery of Buckreef West and the Anfield Zone further expands exploration potential. Preliminary metallurgical report sets the foundation for final feasibility study on the sulphide project. Additional Management changes at TanGold and Buckreef Gold further reinvigorates operations. Tanzanian Gold Corporation
shares T.TNX are trading unchanged at $0.60.
