# TRX Gold Reports Q3 2026 Production on Record Throughput, Reaffirms Guidance, and Accelerates Plant Expansion

Source Brief: https://evesgoldminers.com/research/source-briefs/trx-gold-corporation-2026-06-05-trx-gold-reports-q3-2026-production-on-record-thr-c757543e
Original source: https://trxgold.com/news/trx-gold-reports-q3-2026-production-on-record-throughput-reaffirms-guidance-and-accelerates-plant-expansion/
Original published: 2026-06-05
EGM generated: 2026-09-27
Company: TRX Gold Corporation (TRX)

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# TRX Gold Reports Q3 2026 Production on Record Throughput, Reaffirms Guidance, and Accelerates Plant Expansion

Source: https://trxgold.com/news/trx-gold-reports-q3-2026-production-on-record-throughput-reaffirms-guidance-and-accelerates-plant-expansion/
Published: 2026-06-05T10:15:00+00:00
Fetched: 2026-09-12T07:11:18.888+00:00
Source artifact: c757543e-6ab3-4b53-a201-ac72ae05bae4
Normalizer input: text

## Content

TORONTO, Ontario, June 5, 2026 – TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce preliminary results for Q3 2026¹.
Stephen Mullowney, TRX Gold CEO commented: “Q3 2026 was a defining quarter for the Company as we delivered record plant throughput and improved recoveries, which drove strong production and a record buildup of gold-in-circuit inventory, demonstrating the operational strength and scalability of our asset. With production increasing 58% year-over-year and recoveries improving to 84.6%, our team continues to execute on initiatives that are driving higher efficiency, stronger margins, and greater cash flow generation. Importantly, we achieved these results during a period of record gold prices, further enhancing the value of every ounce produced. Looking ahead, we remain focused on unlocking the next phase of growth through our processing plant expansion program. The combination of a new 3,500 tpd SAG mill circuit and significant upgrades to our existing 2,000 tpd plant is expected to deliver processing capacity well beyond the assumptions outlined in our PEA. As we advance these projects while maintaining strong operational performance, we believe we are well positioned to increase production, expand margins, and create long-term value for our shareholders.”
TRX Gold is a high margin and growing gold company advancing the Buckreef Gold Project in Tanzania. Buckreef Gold includes an established open pit operation and 2,000 tonnes per day process plant with upside potential demonstrated in the May 2025 Preliminary Economic Assessment (the “PEA”). The PEA outlines average gold production of 62,000 oz per annum over 17.6 years at 3,000 tonnes per day of throughput capacity, and a US$1.9 –US$2.6 billion pre-tax NPV 5% at average life of mine gold prices of US$4,000-US$5,000/oz². The Buckreef Gold Project hosts a Measured and Indicated Mineral Resource of 10.8 million tonnes (“MT”) at 2.57 grams p