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Yamana Gold Receives Permit at Jacobina, Initiating Ramp Up of Phase 2 Expansion, Expects Fourth Quarter Company Wide Production to Exceed 270,000 GEO With Costs Tracking to Be the Lowest of the Year

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Expansion Expected to Increase Average Gold Production to an Initial 750-800 Ounces Per Month 1 at Anticipated Total Cash Costs 2 of US$725-825 Per Ounce Upon Final Commissioning. TORONTO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) is pleased to provide an update …

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Tarachi acquired the Magistral Mill and tailings project in Durango, Mexico in 2021. Magistral includes a 1,000 tpd mill and access to a tailings deposit with Measured and Indicated resources of 1.26 million tonnes at a grade of 1.93g/t Au. The company expects to bring the asset into production in early 2023.

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