07:24 AM EST, 01/14/2025 (MT Newswires) -- TRX Gold ( TRX ) jumped 4% at last look Tuesday in NYSE American pre-market trading as it reported additional high-grade intercepts from the Stamford Bridge shear zone within the Buckreef gold project in Tanzania.

Highlights include 21 meters at 8.63 grams per tonne (g/t) gold, 20.50 meters at 5.14 g/t gold and 5 meters at 2.74 g/t gold.

TRX said the results confirm a "bridge" or an interpreted mineralized shear zone trending 070 degrees east northeast, which is showing potential to extend over 1 kilometer.

"The Stamford Bridge Shear Zone keeps delivering!" CEO Stephen Mullowney said. "This initial exploration work is paying off thus far and we are eager to launch the ground geophysical survey over the next few weeks, which is expected to support some very targeted drilling."