TRX Gold
TRX Gold

TRX Gold Corporation ("TRX Gold" or the " has taken all reasonable care in producing and publishing information contained in this presentation TRX Gold does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information in this presentation The information is not a substitute for independent professional advice before making any investment decisions Furthermore, you may not modify or reproduce in any form, electronic or otherwise any information in this presentation Andrew M Cheatle P Geo is the Qualified Person as defined by the NI 43 101 who has reviewed and assumes responsibility for the technical content of this presentation The disclosure contained in this presentation of a scientific or technical nature relating to the Company's Buckreef Project has been summarized or extracted from the technical report entitled The "National Instrument 43 101 Independent Technical Report, Updated Mineral Resource Estimate for the Buckreef Gold Mine Project, Tanzania, East Africa For TRX Gold Corporation ( with an effective date of May 15 2020 (the "Effective Date"), and with an amendment date of June 8 2020 (the "Technical Report") The Technical Report was prepared by or under the supervision Mr Wenceslaus Kutekwatekwa (Mining Engineer, Mining and Project Management Consultant) BSc Hons (Mining Eng MBA, FSAIMM, of Virimai Projects and, Dr Frank Crundwell, MBA, PhD, a Consul ting Engineer each of whom is an independent Qualified Person as such term is defined in NI 43 101 Certain references herein to information contained in the 2018 PFS' refers to information initially disclosed in the Company's June 26 th, 2018 Amended National Instrument 43 101 Independent Technical Report Mineral Reserves Estimate and Pre Feasibility Study on the Buckreef Gold Project, Tanzanian, East Africa References to the 2018 PFS' are for convenience and clarity as to the original source of such information, however the Company notes that all information from the 2018 PFS' contained herein has been included in the Technical Report, which is the sole current technical report in respect of the Company's Buckreef project The information contained herein is subject to all of the assumptions, qualifications and procedures set out in the Technical Report and reference should be made to the full details of the Technical Report which has been filed with the applicable regulatory authorities and is available on the Company's profile at www sedar com The Toronto Stock Exchange and NYSE American have not reviewed the information on our website and do not accept responsibility for the adequacy or accuracy of it Forward Looking Statements This presentation contains certain forward looking statements as defined in the applicable securities laws All statements, other than statements of historical facts, are forward looking statements Forward looking statements are frequently, but not always, identified bywords such as " expects"," anticipates"," believes"," hopes"," " estimated"," potential"," and similar expressions, or statements that events, conditions or results " will"," may"," or " occur or be achieved Forward looking statements relate to future events or future performance and reflect TRX Gold management's expectations or beliefs regarding future events and include, but are not limited to, statements with respect to the estimation of mineral reserves and resources, success of mining operations, the timing and amount of estimated future production, and capital expenditure The 15 tph Oxide Plant estimates have not been prepared in accordance with the results of the Company's 2018 Prefeasibility Study, reflected in the Company's May 15 2020 Updated Mineral Resource Estimate The 18 Month mining plan estimates are based upon an internal mine model reviewed by SGS Canada (" and cost inputs as validated by actual mining and processing costs from the 5 tph oxide test plant over the last 9 months No assurance can be given that the 18 Month Estimate (Monthly Average) will reflect actual results Although TRX Gold believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance The actual achievements of TRX Gold or other future events or conditions may differ materially from those reflected in the forward looking statements due to a variety of risks, uncertainties and other factors These risks, uncertainties and factors include general business, legal, economic, competitive, political, regulatory and social uncertainties actual results of exploration activities and economic evaluations fluctuations in currency exchange rates changes in costs future prices of gold and other minerals mining method, production profile and mine plan delays in exploration, development and construction activities changes in government legislation and regulation the ability to obtain financing on acceptable terms and in a timely manner or at all contests over title to properties employee relations and shortages of skilled personnel and contractors the speculative nature of, and the risks involved in, the exploration, development and mining business These risks are set forth under Item 3 D in TRX Gold's Form 20 F for the year ended August 31 2020 ,as amended, as filed with the SEC The information contained in this presentation is as of the date of the presentation and TRX Gold assumes no duty to update such information Note to U S Investors US investors are advised that the mineral resource and mineral reserve estimated disclosed in this presentation have been calculated pursuant to Canadian standards which use terminology consistent with the requirements CRIRSCO reporting standards For its fiscal year ending August 31 2021 and thereafter, the Company will follow new SEC regulations which uses a CRIRSCO based template for mineral resources and mineral reserves, that includes definitions for inferred, indicated, and measured mineral resources