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TRX Gold Corporation

09:48 AM EST - TRX Gold Corporation : Announced positive assay results from its 19-hole metallurgical variability sampling program on the Buckreef Gold Main Zone. The results are positive and significant for the Company as they continue to demonstrate: (i) continuity of mineralization down dip and along strike of the deposit; and (ii) excellent width and grade of mineralization.As part of the upcoming metallurgical variability study, using core from this program, the Company will assess the amenability of the sulphide material to be processed through the existing processing plant, using its relatively simple flowsheet. In turn, this may have positive implications for potential plant expansions. Highlights include: Hole BMMT015 intersected 28.0 m grading @ 10.68 g/t Au from 0 m; Hole BMMT020 intersected 123.0 m grading @ 2.69 g/t Au from 3 m; Hole BMMT009 intersected 121.0 m grading @ 2.96 g/t Au from 3 m. TRX Gold Corporation shares T.TNX are trading unchanged at $0.44.