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Tanzanian Royalty Exploration ( (TSE:TRX) ) has provided an announcement.
TRX Gold Corporation announced on January 14, 2025, that it has discovered significant high-grade gold intercepts at its Stamford Bridge Shear Zone, which is located near the Buckreef Main Zone. The latest drilling results confirm the extension of the mineralized shear zone, suggesting a potential for over one kilometer of mineralization. This discovery could enhance the company’s resource base and strengthen its position in the gold mining sector.
More about Tanzanian Royalty Exploration
TRX Gold Corporation is a company operating in the gold mining industry, focusing on exploration and development of gold resources. Its primary market focus includes the Buckreef Gold Project, which hosts a substantial gold mineral resource.
YTD Price Performance: 4.76%
Average Trading Volume: 493,250
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $97.45M
Find detailed analytics on TRX stock on TipRanks’ Stock Analysis page.