TRX Gold Corporation provided production guidance for the fiscal year 2024. Annual gold production at Buckreef Gold is projected to be between 25,000 - 30,000 ounces at total average cash cost of $800 - $900 per ounce. Gold production is planned to be lower in the first half of F2024 due to the ramp-up and commissioning of the 2,000 tpd processing plant during Q3/Q4 2024.

Higher production and lower cash cost per ounce are expected in H2 F2024 once the ramp-up is complete and the processing plant achieves steady state operation at nameplate capacity of 2,000+ tpd.